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I sold a 2005 Saab 9-2x Linear 2.5i to another enthusiast about 2.5 years ago for $7,900. I recently checked in to see how the car was doing and he said he's moving out of the country and needs to sell it. I'm thinking of buying it back for sentimental reasons and will only drive it a thousand miles a year.
In the past 2.5 years he's put on 5,000 miles driving it only on the weekends (it has 87k miles now). He also spent $1600 on new tires, timing belt and replaced a few rusted heat shields. I recall the KBB private party value was around $9,300 when I sold it to him. Now the KBB value is around $6300. Would it be fair to offer $4,900 which is $3k less than what I sold it to him for (equal to the change in KBB value)? Or should I offer more because he spent $1600 on major maintenance that will last another 5 years?
It is fair to offer him whatever you are willing to pay and he'll tell you what he wants. And you two go from there.
Value is based on a running vehicle, not what you spend to maintain it. Imagine if it had bald tires and a broken timing belt and the oil never changed, it would be practically worthless.
I would offer whatever you want to pay. He can always say no, but if you don't offer you will never know.
I tried to buy back an old Jeep Wrangler from a young lady I sold it to a few years prior... I offered her more than what she paid me and she declined and said she loved it and wanted to keep it forever (my type of lady). I didn't get it back, but at least I tried and learned that it had a great home ;-)
A friend sold his Mustang several years ago, and then a few years later decided to look into buying another one. Well, he contacted the buyer to ask about the car and ended up buying it back, for a good bit less than it sold for. He joked that the guy that bought the car paid for the priviledge of storing it for him!
A car is worth what it is worth to a buyer right now. Make your offer, and if you are lucky, you will get to buy it back.
I sold a 2005 Saab 9-2x Linear 2.5i to another enthusiast about 2.5 years ago for $7,900. I recently checked in to see how the car was doing and he said he's moving out of the country and needs to sell it. I'm thinking of buying it back for sentimental reasons and will only drive it a thousand miles a year.
Sounds wonderful. Why did you sell the car two years ago?
Sounds wonderful. Why did you sell the car two years ago?
I owned it for 7 years which is by far the longest I've ever owned a car. Then I got car ADD and bought a Honda Ridgeline. Now I just want to get back into something smaller. I was going to go to Acura this weekend to find a preowned TL, but this offer came out of the blue mid-week. This Saab was the first and only new car I ever bought. It had cans tied to the back of it on my wedding night so it holds a little bit of sentimental value to me. With only 87k miles and a boxer engine it should last a long time.
A friend sold his Mustang several years ago, and then a few years later decided to look into buying another one. Well, he contacted the buyer to ask about the car and ended up buying it back, for a good bit less than it sold for. He joked that the guy that bought the car paid for the priviledge of storing it for him!
A car is worth what it is worth to a buyer right now. Make your offer, and if you are lucky, you will get to buy it back.
That's pretty funny. I'll be in the same situation if I do buy this car back. He'll pay a few grand to store the car for me and also throw on some new tires and timing belt for good measure!
$5000 would be a good initial offer. I personally think it is worth more but those Saabarus don't have as good a resale value as just a plain Subaru Impreza wagon. Good luck!
I'd probably pay around $6k, noting the price at which you sold it, and the recent work with the tires and timing belt. Having Subaru roots, the Saab should do well as an extra vehicle for you for several more years.
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All the world's a stage, and all the men and women merely players: they have their exits and their entrances; and one man in his time plays many parts, his acts being seven ages.
~William Shakespeare (As You Like It Act II, Scene VII)
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