Why won't my car sell?
#1
Why won't my car sell?
I have a 2006 TL without nav. Excellent condition with 117,000 miles. 105,000 service has been done and new transmission. I listed it on Cars.com com for $9,000, eventually bringing it down to $6,000. Absolutely no interest. There is nothing wrong with the car.
Any idea why I have had no interest?
Steve
Any idea why I have had no interest?
Steve
#5
#1 - Hopefully the ad was better written than the thread title
#2 - Does the cars.com ad have pics? Make sure it has exterior and interior pics
#3 - It's nearly winter, cars sell better in warmer weather
#4 - It's the holidays, people are putting their money into other things right now
#2 - Does the cars.com ad have pics? Make sure it has exterior and interior pics
#3 - It's nearly winter, cars sell better in warmer weather
#4 - It's the holidays, people are putting their money into other things right now
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#8
I have a 2006 TL without nav. Excellent condition with 117,000 miles. 105,000 service has been done and new transmission. I listed it on Cars.com com for $9,000, eventually bringing it down to $6,000. Absolutely no interest. There is nothing wrong with the car.
Any idea why I have had no interest?
Steve
Any idea why I have had no interest?
Steve
why not price is reasonably and get the car sold??? if you overprice it, people think that you are unreasonable to work with and don't bother contacting you...
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#9
I'm thinking you may want to list it for $5k-$5.5k OBO and go from there. New transmission may scare people and the ones it won't scare would be looking for the price to reflect it.
That I do! Box of wheels/tires for Daytona just arrived Saturday and signed up for the race and race support last week. Now, time to start prepping the kart. Hopefully I do well and keep everything in one piece so I can start spending money again in January
That I do! Box of wheels/tires for Daytona just arrived Saturday and signed up for the race and race support last week. Now, time to start prepping the kart. Hopefully I do well and keep everything in one piece so I can start spending money again in January
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EvilVirus (12-06-2016)
#10
Most people don't have the lump sum cash it takes to buy a car more than a few thousand.
Remember, we are in a country where 2/3 don't have $500 of cash on hand to cover an unexpected bill.
Most people need to finance their car purchases. And it is difficult to finance a used car, especially if you don't have a working experience with a lender and good credit. Most mainstream banks will not finance a car older than 7 years or more than 100,000 miles.
You probably aren't looking to do seller financing either. So your potential market ends up being pretty small.
Remember, we are in a country where 2/3 don't have $500 of cash on hand to cover an unexpected bill.
Most people need to finance their car purchases. And it is difficult to finance a used car, especially if you don't have a working experience with a lender and good credit. Most mainstream banks will not finance a car older than 7 years or more than 100,000 miles.
You probably aren't looking to do seller financing either. So your potential market ends up being pretty small.
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#11
#1 - Hopefully the ad was better written than the thread title
#2 - Does the cars.com ad have pics? Make sure it has exterior and interior pics
#3 - It's nearly winter, cars sell better in warmer weather
#4 - It's the holidays, people are putting their money into other things right now
#2 - Does the cars.com ad have pics? Make sure it has exterior and interior pics
#3 - It's nearly winter, cars sell better in warmer weather
#4 - It's the holidays, people are putting their money into other things right now
#5 - Did you list it on craigslist or only cars.com?
#6 - Who in their right mind would buy a 06 TL non-NAV 5AT for $9k, that's crazy regardless of miles.
#7 - You need to lower your price more than you already have, the car simply isn't worth that much and less so because of the new trans.
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juniorbean (12-06-2016)
#12
IMO I think you initially listed it too high... How long has it been on cars.com?? Since the holiday season is upon us you may want to pull it off cars.com and listed again towards the end of the winter, or wait until the spring if you can.
If it sits on cars.com too long people may get the wrong impression and think there is something wrong with it and that is why it is still there.. And remember, you can never have too many pics in your ad..
If it sits on cars.com too long people may get the wrong impression and think there is something wrong with it and that is why it is still there.. And remember, you can never have too many pics in your ad..
#13
I don't think there is a such thing as an 11 year old car with over 100k miles in excellent condition... That and the overinflated price probably scared people away. If the car is that mint and you just put in $$$ on th3 105k service just drive it.
#14
all of us car enthusiasts who take meticulous care of our cars think what we have is excellent/creme of the crop... but booya nailed it with his first sentence... if you are more realistic in your expectations, maybe the car will sell... it's very easy to sell $1 for $0.99 but not the other way around... i am still curious as to how the OP came up with a $9k price...
#16
#21
Yeah, no one would pay 9k for a 06 TL with over 100k miles....unless something is very unique about that car.
Especially one with a replaced transmission? That'll scare away lot of buyers already
Especially one with a replaced transmission? That'll scare away lot of buyers already
#22
KBB in my neck of the woods for excellent is $6,350. He does have the new trans as a selling point to get the top end of the spectrum for price. Everyone wants to get it for as cheap as possible but they are not realistic when you add in options and weight the mechanical aspec of things. Yea $9000 was a little high but I would start about $7,500. That is a little more appealing but would still get kicked down by the end of things unless you get someone who doesn't care about money. As stated before, 10 years old is hard to finance unless you don't care about the interest rate, also time of year could play a role too.
Good luck with sale either way!
Good luck with sale either way!
#23
Why would a replaced transmission scare people away? If anything I feel it would help sell the car as a little research shows trans fail around 110k miles
#24
I've had people tell me they are wary of that as well. Some people's psychology...especially those who are NOT into cars at all, which is >95% of car buyers probably.
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Costco (12-06-2016),
juniorbean (12-06-2016)
#25
Also the market for used cars has kind of dried up as interest rates remain low, the economy is doing well, and dealers are advertising "good" deals again. No money down (just payments out the wazoo for 7 years...).
I dabble in the area of buying and flipping cheap cars. The magic price point for me has been around $4,000 - $4,500. I can draw in no-credit cash buyers at that price. At $5,000 I'm competing with a lot of the "good credit, bad credit, no credit" used car lots that are around. Obviously they are going to be way more expensive in the end, but they have an enticing grab price and allow financing.
I don't know about DC but here in Houston, we have a large immigrant community that deals primarily in cash and are looking for good reliable transportation.
I dabble in the area of buying and flipping cheap cars. The magic price point for me has been around $4,000 - $4,500. I can draw in no-credit cash buyers at that price. At $5,000 I'm competing with a lot of the "good credit, bad credit, no credit" used car lots that are around. Obviously they are going to be way more expensive in the end, but they have an enticing grab price and allow financing.
I don't know about DC but here in Houston, we have a large immigrant community that deals primarily in cash and are looking for good reliable transportation.
#26
I have a 2006 TL without nav. Excellent condition with 117,000 miles. 105,000 service has been done and new transmission. I listed it on Cars.com com for $9,000, eventually bringing it down to $6,000. Absolutely no interest. There is nothing wrong with the car.
Any idea why I have had no interest?
Steve
Any idea why I have had no interest?
Steve
#27
From anecdotal experience and people around me who are not car people who would be totally be away from anything big replaced in a car. They feel it is a sign of either abuse or neglect or defect and something else in the car may go wrong down the road. Not to mention the unknown source of the transmission (rebuilt vs junk yard vs oem refurb/oem new....if its possible to even buy a "new" transmission for these cars....but maybe replace certain parts and then it gets rebuilt). Also quality of the replacement may be an issue and if it goes out in 50k you're SOL. Which of course is a risk when you take it when buying any used car at all.
I've had people tell me they are wary of that as well. Some people's psychology...especially those who are NOT into cars at all, which is >95% of car buyers probably.
I've had people tell me they are wary of that as well. Some people's psychology...especially those who are NOT into cars at all, which is >95% of car buyers probably.
At the right price it may have a shot on an automotive forum, but on Cars.com or Craigslist... it may scare potential buyers way. A more aggressive price will likely court more buyers after the holidays
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BreezyTL (12-06-2016)
#29
#31
When I sold my last car, I listed it in Cars.com, Autotrader.com and Craigslist.com. Almost all of my responses came from the Craigslist ad! In fact, I sold it to one of those who responded via Craigslist. The person financed the car through their bank.
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1killercls (12-07-2016)
#35
Is this your car: https://www.cars.com/vehicledetail/d...3757/overview/
Ad isn't bad. You could probably perk up the 'sellers notes' some. Definitely need more pictures. It's only got 12 views, so you need to expand where you're posting it. AZ has a place for used cars, but also AutoTrader, Craigslist, etc.
Finally, as you've heard a LOT already .... price. If your car isn't getting interest (and it's well described and well advertised), it's probably over-priced.
I listed our '02 TL-S on Craigslist a few years ago and had three calls that day ..... sold the next day. Maybe that was under-priced.
Edit,
BTW ..... your wheels are dirty.
Ad isn't bad. You could probably perk up the 'sellers notes' some. Definitely need more pictures. It's only got 12 views, so you need to expand where you're posting it. AZ has a place for used cars, but also AutoTrader, Craigslist, etc.
Finally, as you've heard a LOT already .... price. If your car isn't getting interest (and it's well described and well advertised), it's probably over-priced.
I listed our '02 TL-S on Craigslist a few years ago and had three calls that day ..... sold the next day. Maybe that was under-priced.
Edit,
BTW ..... your wheels are dirty.
Last edited by Bearcat94; 12-07-2016 at 03:14 PM.
#36
I typically use nada.com. I think it's better than kbb.
Here:
2006 Acura TL Sedan 4D 3.2 Prices, Values & TL Sedan 4D 3.2 Price Specs | NADAguides
So maybe you can take it to Car Max and see what they'll give you for it, or just trade it in.
Here:
2006 Acura TL Sedan 4D 3.2 Prices, Values & TL Sedan 4D 3.2 Price Specs | NADAguides
So maybe you can take it to Car Max and see what they'll give you for it, or just trade it in.
Last edited by knight rider; 12-07-2016 at 03:31 PM.
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nist7 (12-09-2016)
#38
I wouldn't use those prices to sell pp. I never understand why people use retail pricing. A dealer will only give 3-4k as that is probably where auction pricing is. Show me a dealer who doesn't use auction pricing.
I typically use nada.com. I think it's better than kbb.
Here:
2006 Acura TL Sedan 4D 3.2 Prices, Values & TL Sedan 4D 3.2 Price Specs NADAguides
So maybe you can take it to Car Max and see what they'll give you for it, or just trade it in.
Here:
2006 Acura TL Sedan 4D 3.2 Prices, Values & TL Sedan 4D 3.2 Price Specs NADAguides
So maybe you can take it to Car Max and see what they'll give you for it, or just trade it in.
#40
Is this your car: https://www.cars.com/vehicledetail/d...3757/overview/
Ad isn't bad. You could probably perk up the 'sellers notes' some. Definitely need more pictures. It's only got 12 views, so you need to expand where you're posting it. AZ has a place for used cars, but also AutoTrader, Craigslist, etc.
Finally, as you've heard a LOT already .... price. If your car isn't getting interest (and it's well described and well advertised), it's probably over-priced.
I listed our '02 TL-S on Craigslist a few years ago and had three calls that day ..... sold the next day. Maybe that was under-priced.
Edit,
BTW ..... your wheels are dirty.
Ad isn't bad. You could probably perk up the 'sellers notes' some. Definitely need more pictures. It's only got 12 views, so you need to expand where you're posting it. AZ has a place for used cars, but also AutoTrader, Craigslist, etc.
Finally, as you've heard a LOT already .... price. If your car isn't getting interest (and it's well described and well advertised), it's probably over-priced.
I listed our '02 TL-S on Craigslist a few years ago and had three calls that day ..... sold the next day. Maybe that was under-priced.
Edit,
BTW ..... your wheels are dirty.
A single picture that doesn't even have the entire car in it? Really?
Incredibly dirty car (wheels make it obvious) and two sentences for the description? Terrible.
Who did the maintenance?
What brand parts are on it?
Where's the mention on the transmission replacement?
Who did the transmission replacement?
Do you have receipts for all the maintenance?
What fluids have you been using?
What brand are the tires?
What's their treadlife?
etc