Geographic area have a big impact on sales price? - Mercedes-Benz Forum

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post #1 of 3 (permalink) Old 12-18-2003, 01:20 PM Thread Starter
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Geographic area have a big impact on sales price?

I am in the unenviable position of having to sell an 84 500SL in the Chicago area during this time of year. Considering the current season and the condition of the roads (salted) this doesn't thrill me much, especially since the car was in Texas until about 3 years ago. And since then it has not seen one bit of hail, ice or snow.

Would anybody argue that driving it back down to Texas to sell it there could be economically beneficial? I would consider the car to be only in "fair" shape.

Just looking to consider all options.....thanks for any feedback.
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post #2 of 3 (permalink) Old 12-19-2003, 07:52 AM
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RE: Geographic area have a big impact on sales price?

Why bother? Do you have an idea of the two values you expect you could get? Checking Autotrader, I saw values from 5K to 16K. Not enough cars there to determine if the spread was for perceived value or location. If you think your car is worth 5K in Chicago and $7500 in Dallas or Houston, why not simply place it for auction on ebay with the reserve set where you want it. If it doesn't sell, it won't cost you much to determine that you're asking to much. OTOH, it may go for more then you expect. Autotrader is a similar outlet. Place it in there for what you'd like to get and the most you'll lose is the cost of the ad.

You are probably aware of scams whereby the buyer will send you certified funds for more then the car is worth asking you to simply refund the difference. These scams appear most often on vehicles sold over the internet since it's available to losers worldwide. Good luck on the sale.
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post #3 of 3 (permalink) Old 12-19-2003, 09:06 AM
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RE: Geographic area have a big impact on sales price?

I believe that the condition of the vehicle and the records that may or may not be availible has more to do with the price a vehicle will sell for than the geographic location. After a long search for a 190e 2.3-16 I finally found the vehicle that met my criteria and it happened to be located in Ohio. I had no problem towing a trailer more than 2800 miles roundtrip to take delivery of this vehicle.
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