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Old 08-16-2011   #1
jcruz
 
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Join Date: Mar 2010
Location: Fort Myers, FL
Posts: 343
Arrow Average Miles/Prices

I had a few minutes to kill this afternoon and I was curious what the average mileage and asking price was in the for sale section of the web site. See below:

1990 (16 cars)
Avg miles: 26608
Avg price: $25,199

1991 (7 cars)
Avg miles: 41454
Avg price: $27,470

1992 (6 cars)
Avg miles: 41634
Avg price: $22,983

1993 (5 cars)
Avg miles: 35260
Avg price: $31,800

1994 (4 cars)
Avg miles: 21640
Avg price: $33,125

1995 (12 cars)
Avg miles: 10360
Avg price: $42,065

Kinda interesting...

John
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Old 08-16-2011   #2
mike100
 
Join Date: Feb 2011
Location: San Marcos CA
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Default Re: Average Miles/Prices

Does the average change significantly if you throw out the highest one...or lowest and highest? I could ask $50k for mine, but it would never sell.

Somebody did this with ebay over a 6 month period (or so) and the actual numbers are much more humbling.
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Old 08-16-2011   #3
jcruz
 
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Default Re: Average Miles/Prices

Quote:
Originally Posted by mike100 View Post
Does the average change significantly if you throw out the highest one...or lowest and highest? I could ask $50k for mine, but it would never sell.

Somebody did this with ebay over a 6 month period (or so) and the actual numbers are much more humbling.
Good points. The data is obviously skewed -- just a reflection of the prices on our site here. The fleabay data would definitely be more rooted in reality.
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Old 08-16-2011   #4
WB9MCW
 
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Location: McHenry, Il.
Posts: 6,607
Default Re: Average Miles/Prices

Good points. The data is obviously skewed -- just a reflection of the prices on our site here. The fleabay data would definitely be more rooted in reality.

It would depress us all very much no doubt.

Better not to know now and wait for the return to better home and auto prices in the future when the good times come again I hope.
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Old 08-16-2011   #5
ZR1Vette
 
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Join Date: Dec 2007
Location: Reston, Virginia
Posts: 939
Default Re: Average Miles/Prices

Although mileage is a datum point for selling a car, in the case of the ZR-1 many other variables come to play:
-interest in purchaser for a DD/NCRS/mod or just a reasonable in condition ride
-simply looking a cheapest way to get a ZR-1
-OEM looks and parts are important
-condition... just a very overall looks to chassis/interior to exterior pristine to excellent
and
-unfortunately looking only for a parts car

Selling a ZR-1 is a matter of right car at right price and right purchaser thus I do not pay any value on averages or trends....

Just my opinion of course
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