Is this a good price?

Amazonparrot · #1 06-02-2007, 03:28 PM

I'll make a long story a really short one: I am looking at buying a friend of the family's '92 Pearl, which is in really stand up shape with 86k on the odometer, and I don't know what to expect to pay. I payed $3400 for my 92 four years ago, so I'm not really sure what they are worth these days.

The details:
1992 SVX, pearl white, newish dunlop tires, 86k, working ac, good paint, good leather, 3-4 owners? The gentleman is about 60 years old and is a good personal friend but wants $4500 for it...which I think is a little steep for a '92. Not to mention that the car has an unknown electrical drain issue, where the battery will die if the car is left with either or both battery terminals connected, multiple visits to the shop and many new batteries have not fixed this apparently.

So given its good condition (except for the possibly large electrical problem) and the fact it is a '92, what is a reasonable amount for me to offer him?

Thanks guys!

-Andrew

SomethingElse · #2 06-02-2007, 05:09 PM

edmunds says about $1600 without an electrical problem. KBB and ebay will disagree.

4500 does sound a little steep but I havent seen it in person.

Amazonparrot · #3 06-02-2007, 05:24 PM

no doubt its a pretty car, but then there is that mechanical problem. And yes, Edmunds and TMV (True Market Value) would tell you that its way off, but KBB says $4300 without the problem. So im not really sure what to think about it...

Somewhere in the middle seems like reasonable middle ground.

I'm Wondering if I could offer him $3000 as is and that would be considered reasonable.

lemme know what you think.

SomethingElse · #4 06-02-2007, 06:29 PM

if it looks really good that sounds close to descent deal. Lowball at first tell him 2750 to give you some extra room to play

Im not sure what the draw could be. I havent run into that problem yet. normally on volvos its a module not going to sleep. A good way to locate it is hook up a amp meter in series with the ground side of the battery and start pulling fuses untill your current drops to around .250 amps or lower.

im sure someone on here has experienced a similar issue and can give more accurate advice.

ensteele · #5 06-03-2007, 12:30 AM

A car in good shape with good paint and no major problems is probably worth $3,500 to $4,500, with that many miles. It may be the alternator that is going and has a drain in it. I don't think it should be anything major though. Good luck with the car.

It's Just Eric · #6 06-03-2007, 08:07 PM

Little tip my cousin gave me....might help you out a bit. Go into the fuse box(s) at night, when its nice and dark. With everything off, pull a fuse and see if it sparks. It it does, then there's current flowing through that circuit when there shouldnt be. Thatll help narrow down your draw..and if its a fuse for something not necicarry, you can just pull it for a temporary fix. might even be something as simple as them damn sunvisor wires bein shorted (a crewdriver and 2 minutes will find that problem)

4,000 is plenty reasonable for a car with that low of miles, even if it does have a minor nuiciance of an electrical problem. I would feel like a crook offering much less...Im sure the car was well cared for

Dayton-Dave · #7 06-07-2007, 10:25 PM

I paid $3800 for a 93 Anniversary Edition with a salvage title (77k) thought I stole it for what I got. I love the car.

Dave