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06-27-2010, 01:09 PM
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Location: Weehawken, NJ
1,302 posts, read 4,446,038 times
Reputation: 358
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I am selling my 1997 Mercury Mountaineer and was thinking about asking $1500 for it. It has 152,xxx miles on it. It needs a battery and brakes really bad. One of my neighbors approached me about buying it, but wasn't sure of what price to tell him. The Kelley Blue Book value is listed as $2,555 for fair condition. I was thinking to price it lower because it needs the work that it needs. Is my price fair, too high, or too low?
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06-27-2010, 01:16 PM
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Location: Eastern NC
20,868 posts, read 22,109,187 times
Reputation: 18784
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I would say to low. Price it at $2300 and let them talk you down a bit. Batteries cost $50 on sale, why not just replace it.
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06-27-2010, 01:32 PM
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Location: Weehawken, NJ
1,302 posts, read 4,446,038 times
Reputation: 358
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Quote:
Originally Posted by trlhiker
I would say to low. Price it at $2300 and let them talk you down a bit. Batteries cost $50 on sale, why not just replace it.
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Thanks for the advice. The reason why I am selling it is because I have 2 trucks and I live just outside of NYC in Jersey so there isn't a lot of places to park. Plus I will have to pay for two vehicles worth of car insurance. Most importantly my other car needs fixed also and since that is my primary vehicle I would rather keep that one. Also, I forgot to list it, but it will need a O2 sensor eventually. |
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06-27-2010, 01:41 PM
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Location: Vancouver, B.C., Canada
11,075 posts, read 27,482,293 times
Reputation: 5426
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well since it need reapairs just disclose this to the neighbor and tell him you were thinking in the 2K range. But I agree on getting the battery it is a simple cheap thing to do and you can show the truck running because a car that does not run is really hard to sell and if all it needs is a battery then yeah spend the 50 bucks for one.
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06-27-2010, 02:06 PM
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Location: Viña del Mar, Chile
16,407 posts, read 29,703,247 times
Reputation: 16617
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I wouldnt sell a running car with under 200k miles for less than $2000
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06-27-2010, 02:06 PM
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Status:
"79"
(set 19 days ago)
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12,496 posts, read 12,694,408 times
Reputation: 9172
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1997 Mercury Mountaineer Reliability - MSN Autos
I use this site and subtract the listed cost of repairs from the price. ( if I haven't done them) They have it at $4200-4500
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06-27-2010, 05:11 PM
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2,954 posts, read 4,706,639 times
Reputation: 3251
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Personally, I wouldn't respond to an ad that I thought was too high. I'm not a fan of negotiation. I'm grateful there are people out there who will post an honest assessment of what they believe to be the value of their merchandise.
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06-27-2010, 08:47 PM
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16,053 posts, read 28,351,790 times
Reputation: 24562
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Quote:
Originally Posted by Dorian
I am selling my 1997 Mercury Mountaineer and was thinking about asking $1500 for it. It has 152,xxx miles on it. It needs a battery and brakes really bad. One of my neighbors approached me about buying it, but wasn't sure of what price to tell him. The Kelley Blue Book value is listed as $2,555 for fair condition. I was thinking to price it lower because it needs the work that it needs. Is my price fair, too high, or too low?
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Could be $800 on the brakes and another $100 for the battery. I wouldn't pay more than $1500 for it. |
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06-28-2010, 02:45 AM
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Location: Yucaipa, California
9,888 posts, read 21,074,256 times
Reputation: 6806
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Its a 13 yr old ford with alot of miles & wear & tear. Brakes (front & rear) could run you a few hundred dollars for labor & 100.00 for pads & shoes. Thats if its a basic brake job with no replacing or bleeding the master cylinder. The drums & rotors would need to be turned. For my 85 olds i paid 70.00 for rear drum brakes (parts & labor) & 75.00 for front disc brakes (parts & labor). The rotors didnt need turned otherwise it would of been a xtra 20 bucks. Shop around for prices. A new battery could be between 50.00-100.00. I paid 75.00 for mine at auto zone about 4 or 5 yrs ago & it still works good (crosses fingers). 1500.00 is a fair asking price for your 97 mercury as is. If you put in a new battery ask for 1600.00.
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06-28-2010, 10:50 AM
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Location: I think my user name clarifies that.
8,292 posts, read 25,689,828 times
Reputation: 3913
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Quote:
Originally Posted by Dorian
I am selling my 1997 Mercury Mountaineer and was thinking about asking $1500 for it. It has 152,xxx miles on it. It needs a battery and brakes really bad. One of my neighbors approached me about buying it, but wasn't sure of what price to tell him. The Kelley Blue Book value is listed as $2,555 for fair condition. I was thinking to price it lower because it needs the work that it needs. Is my price fair, too high, or too low?
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What do you mean when you say "it needs brakes really bad?" If it just needs front disc pads, those can be bought at any parts store for about $30, and are very easy to replace.
If you're at all handy, you could replace the battery and front brake pads for $100. Then you've got a $2,000 - $2,500 vehicle.
On the other hand, if you just want to dump it and be done with it, I'd say you're in the right ballpark with $1,500. |
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