ClubCJ - The CJ Lancer Club

been offered a seemingly good deal from my dealer..
they are not calling it a vrx, but another name as they have added different 18inch wheels to it and given it a different label..

I think the price is so cheap, i'm thinking of buying it, then selling it privately for more....

I think the price is good, but for a 2.4l lancer i'm not sure how cheap you can get them?? I know there is a thread with prices everyone has paid, but now this cars cycle is ending, how cheap is cheap now? if you know what I mean??

hobba wrote:im thinking of buying it, then selling it privately for more....

From what I've read in the past, this almost always ends in tears.

Have you tried checking CarSales.com.au:
Victoria: http://tinyurl.com/n8nqg5j
Australia: http://tinyurl.com/ksmtffn

I didn't even think to look on carsales! stupid...
well its cheaper than any of those prices, but only by a couple of thousand dollars..
so probably wont even get back the cost of it... ah well, seemed like a good idea at the time... lol.

The second its a private sale, buyers have to recognise the possibility of a problem with the vehicle, whether it has done 50km or 500,000km. This is reflected in reduced value, even if its essentially brand new.

If you got a particularly amazing price on it, then maybe, but otherwise it really wouldn't be worth the risk for you. Plus it sounds like its some custom model..? Which essentially makes it modified in the eyes of a private buyer, which could make it worth even less privately.

I'm also not sure why you'd do it on a lancer... The CJ is very near the end of its cycle, and their prices are coming down, even on new ones. Soon there will be the next lancer, and CJ prices will likely go down even more.

The only car I can think of where this would have been close to a guaranteed success is the 86/BRZ. They had (and still have) a waiting list, so you could sell one with 1000km on it for a premium, and people with more money than they deserve would pay it because they missed their chance to get in the queue early. Carsales was full of near-new 86's that were at-or-higher than the dealership price in the first couple of weeks after they came out.

Dire wrote:The second its a private sale, buyers have to recognise the possibility of a problem with the vehicle, whether it has done 50km or 500,000km.

This too^

I'd be more suspect of someone selling a car with 100 km than with 5,000; and even more so if they couldn't provide a reason they were selling, or gave a fake one, like 'I won it in a competition'.

Dire wrote:people with more money than they deserve would pay it because they missed their chance to get in the queue early.

I wouldn't target purchasers for things like this happening; the 86 is very rightfully a vehicle in high demand, so naturally its price will be pushed up. Add to that the value of time, i.e. getting something earlier than later, and I believe they are completely justified in paying up to a few thousand $ more, as long as there is no alternative within reach.

TheVeeMachine wrote:I wouldnt target purchasers for things like this happening; the 86 is very rightfully a vehicle in high demand, so naturally its price will be pushed up. Add to that the value of time, i.e. getting something earlier than later, and I believe they are completely justified in paying up to a few thousand $ more, as long as there is no alternative within reach.

Maybe that was a little harsh but it annoys me when theres limited availability, and they end up in the hands of people who can essentially jump the queue using money, when they weren't big enough fans to know it was coming out. A lot of bandwagoning went on with those cars

That's one way to look at it, but I for one would not put down a non-refundable deposit on a new model that was just announced, with no reviews, few pictures, and worst of all - no test drive by me, unless it was an updated/replacement model.

There are also new entrants into the market: I knew about the 86 long before most people, but was not in a position to purchase one at the time. Now, I'd be more than happy to pay the difference between it and my Lancer, but demand has far outstripped supply (at least at what I subjectively consider an appropriate price point (some vendors are more optimistic than others: http://tinyurl.com/nnhlyfk)), not to mention the depreciation of my near-new Lancer.

Also, because everyone's been talking about politics and the Australian economy lately, I'll add: at the end though, it comes down to market forces and everyone's perception of the vehicle; and the fact that they are simply exercising the rights conferred to them by an economically liberal country.

Based on your views, I have to ask: did you happen to vote for the Socialist Party yesterday