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...try, try again.

Help, Advice, Owners' Discussion and DIY Tutorials on Volvo's stylish, distinctive "P2" platform cars.

2001 - 2007 V70
2004 - 2007 V70 R
2001 - 2007 XC-70
2001 - 2009 S60
2003 - 2007 S60 R

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Re: ...try, try again.

Post by Starbuck » Tue Jun 30, 2020 12:26 pm

If it were newer and or had fewer miles I think the price would fit. I think he's one of those who thought to refresh the front end and he could add that repair to the 'value' of the car. If it was to the point where the mechanic recommended replacing everything, I think that would just reinforce 'good condition' and not warrant a firm high price. I'm just rambling at this point, sorry. Who knows, he might change his tune if it doesn't sell. Then again, I could be as wrong as I usually am. :P

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E Showell
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E Showell

Re: ...try, try again.

Post by E Showell » Tue Jun 30, 2020 3:12 pm

Don't forget the well-known economic phenomenon known as "the endowment effect," i.e., the tendency to overvalue things we own. Seller may be suffering from same.
'98 V70 NA FWD 5 spd, silver sand metallic (sold)
'99 V70 NA FWD Auto, dark blue (actively for sale)
'99 S70 NA FWD Auto, black (sold and resurrected -- Don't cry for me Argentina . . . )
'07 S80 3.2 FWD Auto, Barents Blue Metallic
'06 V70 R AWD Auto, Sonic Blue Metallic
'04 XC70 Ruby Red Metallic
'95 855 auto (sold)
'86 245 manual (sold)
'05 V70 T5 M (totalled)
'06 V70 FWD Auto (totalled)

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Re: ...try, try again.

Post by abscate » Tue Jun 30, 2020 7:24 pm

Buying a car in the 2-3k range, the true value has a standard deviation of easily 50% of sales price

If you just want to find the lowest price the seller will cough up, that’s not the value.

I’ll pay more for a clean well maintained CT Volvo from the good zip codes as they are cream puffs, even if it’s more than NADA
Empty Nester
A Captain in a Sea of Estrogen
1999-V70-T5M56 2005-V70-M56 1999-S70 VW T4 BMW
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Re: ...try, try again.

Post by BlackBart » Wed Jul 01, 2020 4:18 pm

abscate wrote:
Tue Jun 30, 2020 4:18 am
You might have to rid yourself of the Bavarian virus before A Volvo person will let you into the club.

ex-1984 245T wagon
1994 850T wagon
2004 XC70 wagon BlackBetty
Is it time for a 1964 122 wagon?

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