"...isn't anything only worth what someone else is prepared to pay for it?"
Yes, but what governs what someone is prepared to pay for it? Is it what buyers are prepared to pay, or what sellers are asking for it? I guess it's more of a buyers market at the moment, but for something like an Xtreme with a fairly good USP demand will probably not be too dependent on whether the average asking price for a typical one is £5k or £7k. If you want one you want one, and you'll pay what the going rate is SO LONG AS YOU DON'T SEE VALUES FALLING, and owners and buyers alike value the cars by looking at what prices they are for sale at. Please argue the point if you think I'm wrong. The trouble is that by chasing buyers by starting out asking less than everyone else for your own car, not only does it force all the values down, it may also (conversely) reduce demand as buyers see resale values are falling, which in turn reduces values, and so on. It seems a vicious cycle and we don't want to get into that. Falling secondhand values also reduce demand for new builds, since no one want's to spend a fortune on building a car only to find the average resale value after a few years of minimal use is half that. So obviously it's in the interest of Quantum and quantum owners to keep values up, and hence talk of agreed value schemes which might support values a bit. At the end of the day all kit cars are unique, and if you happen to have the particular features someone wants then that's more likely to determine whether it's your car they buy or the other chap's, providing the buyers can see why your car might be a bit more or less than someone elses. Undercutting the competition ends up being bad for all the current owners, but if you need to in order to sell in a hurry then that's what you have to do. It's when a new one comes on for sale at what seems an artificially low price that I baulk because the seller didn't even try to find out if it would sell at a higher price. I guess in the end values will find a level, I just hope it's not too low. Mine's on PH now by the way. Decide for yourselves if I'm asking too much. Regards Doug -- You received this message because you are subscribed to the Google Groups "Quantum Owners Group" group. To post to this group, send email to quantumowners@googlegroups.com To unsubscribe from this group, send email to quantumowners-unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/quantumowners?hl=en IMPORTANT NOTE: All information presented herewith is provided on an "As Is" basis, without warranty or the implication thereof. Neither the Quantum Owners Club nor the individuals associated with the Quantum Owners Club or in the preparation of the above information shall have any liability to any person or entity with respect to liability, loss, or damage caused or alleged to be caused directly or indirectly by the instructions contained within this or related message(s).
