QUOTE(Chris914n6 @ Sep 22 2015, 02:25 PM)
QUOTE(thelogo @ Sep 22 2015, 08:04 AM)
QUOTE(Chris914n6 @ Sep 21 2015, 10:48 PM)
The used car market is in free fall with all the new cars being sold. Shouldn't be hard to find a good used truck.
Good news for me
But everybody is still asking 1500 to 2000
Over excellent blue book value for their vehicles
Even is the car or truck is salvaged or barely functioning
kbb.com is not the peg people think it is. Lookup older 911 values...
Lately I've been looking at cars to fix and flip, usually $1000 between excellent and poor. Not true in the real world with $100/hr labor rates.
Sellers will usually price high, either to get a sucker or have room to negotiate to a seller friendly price. After a few weeks of fishing they tend to sell closer to actual worth.
This I understand I know a 1997 993 is not gonna sell
For k b b appraised value of 27 k
But all aircooled cars aside I use blue book to determine
Values of non collectable and non super cars
But I know some people base the price on their gut
Or off the top of their heads
And am I understanding right that 100 per hour labor cost are
Prohibiting you from turning a profit on the cars you fix and flip
Please clarify