It’s no big secret used car prices are currently elevated. While some sources have observed the market is starting to soften due to higher interest rates and various other factors, it seems not everyone has received that memo.
Case in point is this 1994 Ford Econoline conversion I recently found at a local Ford dealer.
My wife and I saw it parked at the front of the dealer’s lot on the business route. Curious, we stopped to take a look. While the color is a reflection of 1994, we still appreciated the liveliness of it. Overall this van is in terrific condition inside and out.
It had “one owner” written on the windows.
Thinking about my father-in-law, and his affinity for our 2000 Ford Econoline, I walked toward the building to find a salesman. One met me halfway.
Smiling politely, I asked him what he could tell me about the van. He said it has a 302, is a one-owner vehicle (in case I had missed that), and had 48,000 miles. Getting to the meat of the matter, I asked him about their price.
“$19,995.”
I asked him to repeat that.
“$19,995” and he didn’t stutter.
Later, my wife said it was rather rude of me to break out laughing when he said that. However, I distinctly remember her saying “that’s crazy” at about this same time.
Again, I know used auto prices are elevated. But let’s explore this further…
Our subject van was sitting next to a 2015 Chevrolet Suburban. Granted, the Suburban has three times the mileage but it is also 21 years newer. The odds of it having some age induced malady are much smaller. Also, the odds of it having dry-rotted rubber is much less, also.
This is mentioned as the van has tires manufactured in November 2013. They are aged out of service and that’s another grand for somebody.
The asking price on this particular Suburban? $24,995. There seems to be a discrepancy in here somewhere.
Not basing all this on gut-instinct, I later investigated car values on both the NADA (National Automobile Dealers Association) and Kelly Blue Book websites.
Conversion vans are a touch more difficult to determine values but one can get close enough for most purposes.
The NADA website (now linked to JD Power) shows the value for a 1994 Ford cargo van (which is how this van started life) with this mileage and engine to have a high retail value of $5,489. The number of options one can include through NADA is rather limited, but what could be input didn’t affect the final value much.
Kelly Blue Book shows a private party value of $5,439, although it suggested a value as high as $6,511. Granted this is private party, so let’s suppose retail is 10% higher…oh, let’s go 20%. There is still a huge difference.
After my justifiably induced outburst, the salesman stated several people “from out of state” had offered $18,000 and they had turned it down. Yeah, right. The salesman did an admirable job of towing the company line by maintaining his price despite my telling him they would never see that much for this van and their price was off by a factor of three.
My research has supported this claim.
But my question…for those who have been car shopping lately, what is the most out-of-whack, unrealistic, and over-the-top price you have seen? Keep in mind prices are still elevated, but what has been the most inconsistent with your research?
Wow ;
I know prices had been crazy but this is beyond silly .
For me the insanity was so many offering to buy my twenty year old Ford Ranger at every place it stopped .
Granted it’s nicer than most but it’s still just an old cheap base model truck .
-Nate
For that price, it better be 99% rust free, with pictures of the underbody to prove it. Clean engine bay too. All good brake and fuel lines, etc. No such photos in the listing.
It could be. But I’ve also seen plenty of single or longtime owner vehicles that are babied with a hand wash in the yard, while the underbody never gets touched.
I see listings for 94 econolines that still look good, for half this much.
Not shopping, but today I saw a listing near me for a 96 Geo Tracker, supposedly rust free, over 100k miles, for $11-12k.
The Wall Street Journal recently reported that wholesale prices for used cars are dropping fairly substantially, but that retail prices have stayed high. A slowing economy ought to fix that, but it may take awhile.
It has seemed around here that the only things you can buy for around $5-6k has between 200 and 300k miles on it, and is well over 12 years old. I have seen some Honda Elements priced in the 5 figures, and the newest of them are well over 10 years old. The used car market has been a real hellscape for a value shopper like me.
And the price on that van is completely nuts. My oldest just got reassigned to another city and was told that they would authorize up to $20k for a purchase if he could find a used car at or under 5 yrs old with under 80k miles. I looked around my area and there was almost nothing at all that met those qualifications, unless you wanted a Mitsubishi or something from the US. I also discovered that if you could find one, a new Kia Rio (with automatic, air and power windows) could be had for under $18k and it comes with a 10 yr/100k mile warranty.
I think that dealer will get well used to that baby sitting on his lot.
Used car prices are dropping, and predicted to drop by some 14% this year, and likely more next year as the effect of economic contraction makes itself felt further.
As to the van, it’s dead in the water. The whole vanlife phenomenon has well peaked; new camper vans are being sold at substantial discounts. Folks are having to go back to the office. Interest rates and a lower stock market are hitting home, never mind the crypto winter.
Your post reflects a moment of time that has already past. I’m willing to bet that van will be marked down a few times before it finally sells.
I’d be curious to see what price the vehicle finally gets, Jason—though I don’t know who’ll actually tell you the truth about that.
Not quite the same, but I went to eBay to look at actual sales for 20-year-old Ford cars & trucks; interesting range of sanity and craziness:
https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2334524.m570.l1313&_nkw=2002+ford&_sacat=6001&LH_TitleDesc=0&rt=nc&_odkw=2007+ford&_osacat=6001&LH_Complete=1&LH_Sold=1
I sold A LOT of used up (industry term) cars for a Chevy dealer in suburban Chicago in the early 90’s.
a) I don’t think any bank will finance vehicles this old.
b) That Teal color really limits who will buy it.
c) They will probably still get $12 to $13k for it.
The price disparity between car lots and private party sales is easy: the ongoing supply chain issues mean a continuing dearth of new cars (i.e., mostly empty lots), so the dealers go with these nutty prices for the few used vehicles they’ve got, no matter how crazy.
Will they get anywhere near what they’re asking? I wouldn’t think so, but who knows? I’m not sure the dealers will really care until the new car supply starts catching up and the lots return to a normal inventory of new vehicles. Only then will these high, lunatic dealership used car prices drop back to reality.
FWIW, it’s similar to the ‘classic’ car market. Not long ago, I came across a 1969 Road Runner. 1969 was the highest sales year for that model, and the one I saw was fairly typical with a 383/automatic, AM radio, and nothing else. It was poorly repainted and the sides were wavy and obviously filled with fiberglass. It was at a classic car ‘appraiser’ and, unbelievably, he tried to claim “they all have fiberglass in the sheetmetal” and it was worth $30,000, but it “had been owned by a deceased guy whose widow kept it in his memory” and she ‘might’ accept $20k for it. Yeah, right. I was actually insulted by this and, quite frankly, felt like asking the guy if I really looked stupid enough to believe this crap, sort of like Jason’s salesman trying to tell him they were turning down $18k for an old, 1994 Ford conversion van.
I am reminded of the day about twenty years ago I saw a straight-looking early Baccaruda in the showroom of Gentry Lane, a Toronto stealership specialising in classic · antique · exotic · special-interest cars. They had the Lotus franchise for the area, as well.
That ’65 Baccaruda was a 20-footer; get any closer and start countin’ up the problems. It had a greasy late-’70s 318 indifferently tossed into the engine bay, which was painted black (nope!) on this light turquoise car. The interior was similarly thrown together not quite amateurishly, but not carefully or correctly, either. The wheels were wrong. The car was basically straight, but wavy and worn. As I was walking around it, a salesman with a very practised, very phony English accent came up and started talking up the car: “It’s a veddy fine original example of its type, and we’ve got it on offer at $18,000”.
I said “Eighteen grand, eh? Despite the non-original engine?”. Salesman said “Well, back then no records were kept, and the factory did so many different things, it’s just not possible to say what’s original and what isn’t.” Oh, uh-huh, so I guess the factory had a time machine in 1965 that let them dash forward to a junkyard in 1988 or so and grab a 318 with a full complement of 1977 emission control devices, right.
A few weeks later the car was gone, so someone with more money than brains probably bought it. That sale went into the “data” behind NADA’s “book values”.
Most of those classic car dealerships are outlandish rip-offs (there’s some sort of paper magazine that specializes in listings for them), but one of the better places is Mershons in Springfield, OH. They’ve been around for a long time and are primarily known for old Corvettes, but handle anything interesting, including original and hot-rodded old Fords and Chrysler musclecars. Prices are a bit high but not bad from the existing market, and the quality is typically good (as opposed to the rip-off classic car dealers).
As to the mentioned A-body Barracuda, I had a similar experience back in the late seventies. A corner lot had a nice-looking, dark green 1968 Formula ‘S’ fastback. Unfortunately, upon closer inspection, it also had a 1969 front end. It was easily spotted since it had 1969 front side-marker reflectors, while the rear quarter panels had the OEM round marker lights for 1968.
The sleazy salesman/owner tried to claim/explain that the side-marker anamoly was due to a late-year 1968 changeover. It’s too bad whomever did the repair didn’t use the correct doghouse to what was obviously a front end collision because it was otherwise a very nice car.
Some used-car dealers really think their customers know nothing about cars. I recall from circa 1989 a dealer trying to sell a five year old Plymouth Horizon I didn’t want for a high-ish price, but it had only about 28,000 miles on it. I looked at the tires; they were almost worn out but still usable, about what I’d expect from OEM tires with 28K miles on them. Only problem: they were Sears tires. No car comes from the factory with Sears tires; you could only get them at Sears as replacements. So this car has gone through twosets of tires, yet has only 28,000 miles showing. I’m sure that odo wasn’t rolled back…
Well every time I think I’ve seen it all something even crazier happens (has been happening a lot during the last 3 years, but I digress). Check out the prices in the recent Van den Brink auction at Fort Collins Colorado, it’s like stepping into a parallel universe filled with imbeciles and their money.
Somebody is smoking crack. A thirty year old van on 10 year old tires with that’s been driven 1600 miles per year with no chance of coming close to breaking even reselling. Pass!
Cool van, but yeah how many buyers are there for a teal 90s conversion van? Im betting it eventually goes to auction after sitting for 6 months, cause they arent even going to get half of that $20k trying to sell it retail.
As for crazy overpriced Fords, one of the youtube channels I watch is giving away a 2019 F150 reg cab/short box. 5.0 v8 with a supercharger, absolutey ROWDY truck. Was curious as to what a stock late model F150 in that spec sell for. Saw one for $45k, even fleet spec trucks under 3 years old are $25 to $35k!!!
If you’re a Tradesman a good truck is worth it’s weight in gold .
I realize less than 25 % of light / medium durty trucks are sold for commercial purpose .
Give me a fleet model every time .
-Nate
At our Ford dealer, the used car manager was Glenn. He had an eye for the unusual. Sometimes we mechanics would tell Glenn how crazy he priced the occasional unusual trade. He’d remind us any used car is worth whatever someone will pay for it. Unusual cars can command unusual prices – if the right buyer comes along. Every used car manager has their own tolerance level for how long they’ll hang onto an unusual vehicle looking for that buyer. Glenn knew his business. I recall losing a bet to him on a low mile 1-owner ’59 Pontiac Bonneville. During an era when model year was a primary determinant of price, Glenn hung a huge price on what was by then an 8 year old car. When he showed me the contract to collect his bet, he told me the buyer also claimed the car was priced way above book value. Glenn said he laughed and told the buyer to go buy a Pontiac like his from the book. The buyer came back 3 days later, took the car home and cost me $20.
My story on a dealership misjudging the market has to do with the new for (early) 1995 Dodge Neon. The Neon had some ‘different’ colors, and one of them was known as ‘Nitro Yellow-Green’, a shade very reminiscent of the old High-Impact FJ5 Sublime/Lime Light. That particular shade was/is never a big seller, but the sales manager of this Dodge dealer decided to order five new Neons in that color.
Over two years later, the five Neons were still there and, even with big discounts, were, in industry parlance, “nailed to the showroom floor”. The sales manager responsible for ordering them had long since lost his job, too.
Classified advertising in Ontario show many people on fishing trips when selling their used vehicles. Price reduculously high, and stay there, only motivated sellers drop the prices to reasonable levels, because the high prices aren’t selling…. Except for Gvans it seems.
I’ve noticed the 71 to 94 vans are selling for rediculous money. $5000 for wrecks, $10k to 15 k for drivable examples. And not even nice drivers, either.
Dodge vans and Ford vans aren’t as affected. Right now there’s a very nice 80s Dodge conversion van I’m considering, that’s not selling at $5800, while similar GM vans sell at twice the price. The pretty GM vans sell like square body pick ups , the local market has decided they’re collectible and price them accordingly. These very same vans were selling below $2000 as recently as 5 years ago. Twenty five years ago I bought my G vans at $75 to 350.
The most over priced used vehicles I’m seeing all the time, yet am still shocked by the asking prices are diesel trucks. I’m talking late 90’s- early 2000’s with 330-400k miles still being advertised for $18-$25,000. Let it be a low mileage cream puff example and that price goes up to $30-35k!
I sort of felt like a fool 2 years ago when I paid 1/3 of original MSRP for a 19 year old, stripped out, 94k mile Silverado.
But in the moment, I couldn’t come up with a better value for my $5500. Not when the same dough would have only bought a 200k mile Corolla of a similar age.
A Silverado can go 200k miles easy, so I was buying either 100k of useful life, or a decent resale value if I wanted to sell before it was used up.
The rules are completely different now, and you don’t buy a vehicle unless you absolutely have to.
I don’t have a that’s-krazy price to answer the QOTD directly, but every time I drive my 2007 Accord with 135k miles on it, I ruminate on three things:
1. I hate this stupid car.
2. But it’s a terrible time to buy a car.
3. But it’s a great time to sell one.
So far no change.
Ha ha Daniel, I have a 2009 Accord; I have the same EXACT conversation with myself.
Not surprising, as a local dealer routinely advertises used cars with 200K+ miles for prices that are above average. Was looking at a Copart site this morning filled with Ian flooded luxury cars. The ad for each car says “inoperable,” but that doesn’t stop folks from bidding. Just proves P.T. Barnum was right.
RE : flood cars ;
I’ve salvaged a few, there’s a huge difference between salt and fresh water flooding, many don’t grasp this simple thing .
In general flood cars are worthless scrap but soe times can be used as parts without problems .
I’m quite sure the hurricane Ian vehicles will begin hitting the BH, PH lots very soon .
-Nate
I’m with Rob, above. Chances are the used sales manager knows his market better than you or I, and has a rather unusual piece with hardly any miles. Chances are that the van was taken in ‘right’ leaving a huge gross if they get even close to asking. IF the right guy doesn’t happen to come along, then there’s no problem to discount it, and still make good money. From an ownership point of view, it’s just good business, no matter what you or I think of the price. Remember the saying in the used car business; “there’s an ass for every seat.”
Speaking from reason and sanity that van is $5K in excellent condition. I might go another $1K because of the low miles but like I said reason and sanity which isn’t appreciated by many sellers. Of course it only takes one lacking sanity…
It’s obviously not just the used car industry. Large oil companies and many food retailers are currently making huge profits in the US and Canada. Appears, lots of attempted price gouging happening right now.
I just saw this 1982 Bronco for $19,990 at a Ford dealer two days ago when looking around for fun:
https://www.eagleriverford.com/used-Eagle+River-1982-Ford-Bronco-XLT-1FMEU15F4CLA13183
Here’s a CL ad for it: https://northernwi.craigslist.org/ctd/d/eagle-river-1982-bronco-xlt-4×4/7556763285.html“.
Granted it is kind of collectable, but still, it’s not that nice of an example.
I need to replace my truck soon, but I really can’t afford anything much if any better than what I’m driving now. The amount of money dealers are getting for trucks with cab corner deletes and wheel wheel vents, or “corrosion” as dealers around here call it, is insane. There will be little to nothing left of it by the end of a 5 year loan term. Case in point: https://tinyurl.com/2p8d2423
I’m seriously thinking about buying something from a salt free area and shipping or driving it back, but I have serious trust issues with this.
Well, this being a free country, I suppose Mr. Ford Dealer can try to sell a used van for whatever he wants. But he’s not going to get $20K for that. And I also don’t think he’s going to get $25K for that Suburban. Not until gas prices settle down some more.
Maybe he can put the van on BaT – Your Online Home for Irrational Exuberance – and find the community of mid-90s Econoline fans. That’s my response to the craziest price QOTD…that is, how I’ve seen prices for things like used-car-grade Volvo 240s periodically take off in a frenzy of nutty bidding. My favorite was a mid-90s wagon back last summer where it was never settled as to whether the odometer reading was correct (owing to the fact that the odometers on these cars commonly break like potato chips…), but damn did someone do a nice job of blasting all of the undercoating off of the underside of the car to make it all (literally) clean and shiny. $44K. Clearly a price that was the result of frenzied crazy bidding.
I suspect something (entirely unlikely) like would be the only way that Econoline will see close to $20K.
+1
Saw a 3 year old FIAT 500 for $19k
Just before Covid, a 3 year old FIAT 500 could be had for fist shy of $7k.
Retired now and I can do without a car if I need to. Still need to eat though. Was grocery shopping yesterday…
Ford dealer in OC CA is asking $56k for a $36k MSRP new Maverick (they claim the $72k price on Cars.com is a mistake). Insanity.
In the classic car world, 68-70 Chargers are HOT! I recently watched a 70 Charger 500, with poor rust repair, basic v-8, questionable owner “modifications” and a 30 footer (at best) in looks go for 50K! Not to mention the fact that every rusted out hulk that been in the back forty for forty years is being drug out and sold for insane amounts! I figure that IF my 70 500 was for sale, I should be able to get a SERIOUS amount over that one!
There’s a private party Toyota pickup with a For Sale sign I’ve seen around our neighborhood recently. It’s from the last pre-Tacoma generation, maybe a ‘91, about a 50 footer. $6500. But that’s not as crazy as this ‘87 Toyota pickup, admittedly 4wd and 4 cyl turbo, I saw on CL: “ Automatic transmission 4×4 turbo runs great. It’s project but I have to many projects. Serious inquiries please. Plates got expired on 2020 thanks for looking miles are about 222000. 22re turbo”. I won’t post the ad link but let’s just say the pictures definitely confirm the “project” description. Oh, the price? $9500.
Even in the before times it was interesting to sort BHPH-type lots’ inventory by price highest-to-lowest. There was usually a newish car, usually high end pickup or SUV for not much less than the new-car MSRP and I’d often thought that was the owner of the establishment’s personal ride that was technically “For Sale” so it could be driven on a dealer plate and the business’ insurance policy.
https://www.kijiji.ca/v-classic-cars/bedford/1996-ford-bronco-xlt/1640225533
1996 Ford Bronco XLT with the 5.8l (351 Windsor) for $28500 CAD. I mean, it’s nice but it looks to have rust underneath, and who knows what else wrong.
“Over-the-top-price” you ask? Well this situation happened around 10 years ago, but it’s so damn outrageous I had to mention it. Many of you here know I happen to like almost anything pertaining to Tatra automobiles, especially those with the air cooled V8 engines in the rear.
So I’m looking through a copy of Hemmings Motor News, and in the “T” section I see a late 1940s Tatra T-87 for sale. It was in a barn in west Texas, covered with dust. The car had not run or even moved for decades. It was missing some very hard to find items like taillights, headlights, emblems, and dash gauges.
Tatra T-87 cars have always been very desirable, as they were considered one of the most streamlined shapes for production cars, with a huge dorsal fin, 3 headlights, three-pane windshield, and of course that rear mounted air cooled OHC V8 engine.
Back then, highly restored & 1st prize winning T-87 cars were selling for $250,000. Cars that were basically complete but not running could be had for $50,000. Decent running & driving versions generally topped out at $100,000. I called the phone number and had one of the most unusual phone conversations with someone I would gently describe as a bit wacky. He kept telling me Tatra T-87 cars were impossible to find, and the few in the world that sold, brought multiple Millions of Dollars. All of them [except for his] were in museums.
His price was a FIRM $1,000,000.00. [One million Dollars]
I try to keep track of V8 Tatra cars whenever possible. As far as I know, the car has not sold!
A few. My wife’s QX50 had to go to the dealer for its semi-annual service and we walked the lot while waiting. Victoria, BC so prices in Canadian $:
2015 Leaf with 40,000 kms: $24,990
2015 Lead with 47,000 kms: $23,990
2019 Leaf with 55,500 kms: $40,990
2004 Vibe with 192,000 kms: $9,800
2017 Mirage with 43,100 Kms: $13,990
She paid $36,xxx (can’t recall the actual $) for her 2017 QX50 new, and I paid $38,000 for my 2016 Forester XT Limited with Eye Sight new. Prices are nuts.
Interesting but not especially suprising that the Ford dealer couldn’t even spell “teal” correctly for the subject conversion van.
Not that I have any intention to sell, but I wonder what my ’98 Nissan Frontier with 105K miles would go for now. I just paid property tax to the county, which gives it a value of $1092.
Last year, someone offered me $4000 for my 96 Cherokee. 170k+ miles, 4.0 stick, rusted floors falling through. I said thanks but sorry not for sale. Not much changed today. I’m doing the floors myself. I can work on this one and there’s no shortage of available parts. Might be why I’m seeing 80s and 90s cars going for a fortune these days.
This ^. Up until a certain point in the mid 00 it was still possible to repair cars relatively economically and without having to understand electronics much but no more. Modern cars are wonders of technology as long as things function, but when they don’t, heaven help you.
The $4000 offer for an old Jeep Cherokee reminds me of the ‘Cash for Clunkers’ program that offered the exact same amount by the federal government on dealer trades and, unfortunately, took out a lot of old cars that otherwise could have been used for spares. This almost certainly has contributed to the difficulty in keeping old vehicles as daily-drivers, as well as lowering the amount (and raising the prices) of used vehicles available for sale today.
And, coincidentally, there’s a youtube video of a poor old Cherokee being killed via the death ‘cocktail’ that was poured down the carburetor with the engine running. It was very sad to watch the old Jeep valiantly struggling to stay alive as it choked down the concoction. It lasted much longer than one would have thought before finally succumbing. It was actually reminiscent of another incident where someone tried to kill off an old slant-six by draining all the oil out of it. IIRC, they had to give up because that engine just wouldn’t die.
In theory, I guess the idea of CfC was valid in that it took non-collectable, low fuel mileage, polluting vehicles out of circulation. OTOH, it also made it more difficult for those of meager means to find and maintain affordable, personal transportation.
Eh, C4C took about 650K cars off the road. A drop in the bucket, especially over 10 years removed from the event.
@ delray: Looking up the original MSRP and adding a couple grand to that amount should give a general idea of what a stealership will want for any old, used vehicle in reasonable shape (at least in appearance).
Of course, that’s not the amount they’ll offer to buy it for…
Original sticker price was about 15 grand. I bought it from my employer (Insurance Institute for Highway Safety) for about half that late in the ’98 model year, because of depreciation, additional rebates on new equivalents, and bumper crash test damage.
I understand that these basic 2wd small pickups with manual trannies are (or at least used to be) popular in the desert Southwest as daily drivers; of course, I’m a long way from there in central VA. It does have working a/c.
Since I browse used car sites from time to time I get ads in sidebars. I saw one for Carvana with THE literal clone of my current car. 2013 Ford Mustang, same engine, same transmission, same color, same options, similar miles to the car in my garage.
In 2016 I paid $19K for my car as a three year old off lease car with roughly $19K miles.
In 2022 the clone was going for $28K.
🤨
There has been a 2014 Silverado 2500 for sale near me for a year now. RCLB, WT but with pw, 8 foot plow, 90000 miles for 34 grand.
In 2018 I bought the same truck with 100k for exactly half that.
We must be fairly close to being neighbors, Jason…I thought I recognized the pic of that Econoline…and it turns out that I did (it showed up as an ad in my FB feed the other day). The selling dealer is only about a half-hour from me. The color caught my eye and the asking price blew my mind! Used car prices are softening a bit in some areas, but the market is still kind of crazy. I saw an ad (private party) for what appeared to be a fairly clean and rust free 2000 Grand Marquis LS…100k + miles…asking price over $11k! That’s more than a little much for that car.
We aren’t very far apart from the sounds of it. I didn’t want to give away where this van is located but I’m glad you figured it out!
I appreciate the work authors and the admins do on this site and visit regularly. I really enjoy seeing and reading about cars that weren’t necessarily stars of the auto show…but are a big part of our common automotive history.
2005 Ford Escape xlt with 188k for 99,000!
2005 Ford Excursion Limited with V10 gas 122k for 124,000 both on autotrader. Has to be typos.
Must be one of those rare Escapes where the rear wheelhouse isn’t rotted out. 🙂
In just 2018 I paid $750 for a 89 Cutlass wagon that truly had almost zero rust top and bottom. Most of its life never drove in winter. Not only that, but I had to decline the deal originally due to unexpected life happenings. When I came back 3-4 months later, it still hadn’t sold so I snapped it up. It’s my summer ride now. But anyway, last year I saw one in similar condition on CL for $5500 firm, and the ad was removed after a couple weeks so I assume it sold pretty quickly.
OK, I have discovered our equivalent here in Austria. Rarity (here), specs and condition can explain things up to a point but again I think he’ll be sitting on it for a long time, what with 11% inflation and people having to worry about how to heat their homes.
https://www.willhaben.at/iad/gebrauchtwagen/d/auto/ford-ford-van-econoline-150-574402921
We should expect that dealers would seek high prices right now. Even though they might not get what they are asking on this one, it might make the one that sells seem like a good deal.
I don’t know what’s the fuss about inflation. Comparables for my C-Max Energi are selling for the very same net price I paid five years ago. New, of course.
(Doesn’t that name sound like something sketchy sold at the counter in all-night truck stops?)
I bought said van. Price was 15k yes inflated but my trade in was also inflated so in real world or in my head it was 10-11k. You can’t use NADA for such a vehicle, it’s a conversion van. That would be like me getting insurance for a base van and not for the conversion it is. Yes tires were dated but I knew that new wheels and tires were in the cards already. But I did strike a deal with dealership for tires anyway.