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> VIN Database addition Question, Has anyone considered adding sale transaction info?
stevegm
post Nov 15 2014, 07:54 AM
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Has anyone considered adding sale transaction info to the VIN database?

It seems that the value of 914s is going up. That is good for everybody, whether you want to sell your car now or not. Your car will get sold. Eventually. Even if it isnt' sold by you directly. I have looked at many a car that were for sale as the result of a death in the family. Presumably 914world is the largest group of 914 owners online. When owners and appraisers try to determine the value of their car, the best indicator of value is what other cars have recently sold for. If just a fraction of these sale prices were recorded it would provide a documented record of the value trends.

I can think of two possible reasons this may be a bad idea:

1. It would be self-reported. Therefore, people could report a false value. But, I am not sure they have much of an incentive to do that, after they have sold their car. Further, false-reporting would likely be fairly detectable as a whole.

2. Actual sale price is perceived as private information. Someone simply may not want to disclose how much they sold their car for. I understand. I felt the same way, at first blush. But, when I considered it further, I found myself asking - Why does it bother me to tell everyone what I sold my car for? I couldn't come up with a rational reason to hold on to the privacy. Particularly, when it could benefit the group as a whole.

Just a thought. What are your thoughts?
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