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That 26k Mk2 on Ebay - SOLD for $8,300!!!
I abandoned early Pontiac V8s, several Corvairs, new-mint 65 and 69 GTOs
and Porsches, then watched them cross the curve and begin to appreciate.
Yes, they are only worth what anyone is willing to pay for them.
Ironically, the people who love them the most sometimes (but not always)
discover they have enough disposable money to maybe treat themselves to an
honest low mileage example and enjoy it rather than spending their lives
under the car.
The most I ever paid for any vehicle was just over $34K for a new full up
99 Suburban. I don't have that money now, but four 87-88 Roccos with only
1-2 years miles on them would have been a better investment, because they
are not likely to depreciate henceforth, at least not based on years.
Perhaps the Scirocco's time has finally come to cross the hump.
At 01:16 PM 3/27/04 +0000, C Boyko wrote:
>Well I for one am happy to see the prices rise a bit. If you get your car
>appraised, ( and I strongly advise that you do if it's decent), then these
>sales may just enter into the data bank used by the appraisers to figure
>out what our cars are worth. I'm not sure where all they get the data
>from, but the current sale price is one of the inputs mentioned by my
>appraiser. And online auctions would certainly be an easy source for them
>to access. Having said that, it's too rich for my blood, but a used car is
>worth exactly what the buyer is willing to pay. Or what the insurance
>company writes it off at. No more, no less.
>OTOH, there are lots of good used ones out there for a LOT less. Happy
>shopping...
>Cathy
>
>
>>From: ron@bunch.org
>>To: "Rhett Farnum" <rocco_crossing@hotmail.com>,scirocco-l@scirocco.org
>>Subject: Re: That 26k Mk2 on Ebay - SOLD for $8,300!!!
>>Date: Fri, 26 Mar 2004 21:50:36 -0500
>>
>>Having listened to all of the reasons why someone shouldn't pay $8,300
>>for a 26K mile 88' 16V, I'll say this.
>>I'd have considered if I hadn't won the bid on an 82 911SC Targa last
>>month on Ebay for much more than that. One owner, all documentation. No
>>misrepresentations, original paint in better condition than our same
>>color 83' coupe.
>>"Cave ate the emporer" is fair warning, yes.
>>But, considering if it was really a 26K mile 88' 16V, $8,300 is ball park.
>>Leftists/Socialists are excused from the following real money excercise but!
>>Try your own numbers at http://www.westegg.com/inflation/
>>Based on the more than $16,000 cost of a 16V in 1988, that same car new
>>would have been at least $24,322.15 in 2002. (To remind people who debate
>>only in feelings rather than reality, that was 2 years ago, so 2004 would
>>be more. Sorry, the free calculator only goes through 2002 and I don't
>>want to tax anyone.I'll leave that to John Kerry.)
>>If the car on Ebay really had 26,000 miles, what would it have been
>>worth with that mileage in late 1989, if you called that 2 years of wear?
>>For this exercise, let's call it $11,000.I say that because I paid that
>>for a same vintage/mileage 88 16V Scirocco in 1989. Honest Injun! (Sorry,
>>not PC)
>>The (inflation only) calculator says that what I paid $11,000 for in
>>1989 would cost $16,062.90 in 2002. Again, 2002 was 2 years ago.
>>Discounting bogus bidding, which is certainly a possibility but none of
>>you can PROVE, maybe somebody got a really good deal.
>>Considering finding a real 26K mile 88 16V, maybe we all missed something.
>>There are snakes on Ebay, but each sale requires they rooted out.I've dug
>>up and run off a few . That's what it takes, to challenge them.
>>But, in this case, absent real fraud, I wouldn't crow.
>>
>>At 06:46 PM 3/25/04 -0600, Rhett Farnum wrote:
>>>A friend of mine is selling his 87 16V for ~$6K. It is in BEAUTIFUL
>>>condition!!!! Better than most untouched roccos!! Second owner. If you
>>>want more info let me know.
>>>
>>>oh and this is in IOWA.
>>>
>>>
>>>Peace Out,
>>>Rhett
>>>Rocco_crossing
>>>'83 Rocco (DEAD!!) :-( Now what to do???
>>>
>>>
>>>
>>>
>>>
>>>>From: Euroroc II <flaatr@yahoo.com>
>>>>To: "Mark" <mardak@cogeco.ca>,<scirocco-l@scirocco.org>
>>>>Subject: Re: That 26k Mk2 on Ebay - SOLD for $8,300!!!
>>>>Date: Thu, 25 Mar 2004 13:50:20 -0800
>>>>
>>>>Yes I believe it!!!
>>>>Nice car.
>>>>-Raffi
>>>>
>>>>At 01:10 PM 3/25/2004, Mark wrote:
>>>>>Can you believe someone paid $8,300 for a Scirocco!
>>>>>
>>>>>Holy crap - 26k or not, that's a hell of a lot of money for that car...
>>>>>
>>>>>Mark.
>>>>>75
>>>>>80 S
>>>>>81 S 2.0 ABA/JH/4K
>>>>>
>>>>>
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>>>>>
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>>>>
>>>>
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