: This sound right?

07-31-09, 11:13 PM
I'm located in Ottawa, Ontario. My elderly neighbour has asked me to help him sell his Cadi as he's not big into the internet. I honestly dont know much about them. I'm just hoping to get him fair value for his car.

Here's the specs on the car. Please tell me your thoughts on the price? He doesn't want this to sit in his garage but he also doesn't want to give it away for nothing.

He's looking to get $11,500 canadian for this. I'm going to post this here in Ottawa but I want the price to be correct.

1975 Cadillac Sedan De Ville
-Only 41,000 original Kms
-HT, 500 V8
-Loaded and very clean
-Garaged annually since purchased brand new, always kept in the family.
-A/C (Upgraded in 2004)
-Includes Original Spare tire in Trunk!
-Safetied and appraised in 2008 for $18,500
-Never seen a winter or an accident
-New Fuel Tank installed, New Battery, Tranny and Engine flush done.

Any imput would be great.

07-31-09, 11:38 PM
He wants about 40% below appraisal? Sounds like a deal to me. Does he have proof of the appraisal. Is Canadian money valued at the same as US? 41,000 Kms is what in miles?

07-31-09, 11:39 PM
I'm in Ottawa, too!

I think he will have a hard time getting that kind of money for that car here (or anywhere). That appraisal seems way high to me.

08-01-09, 02:12 PM
11,500 Canadian is 10,668.89 U.S. They don't go for that much.

Here is a 73 from eBay in similar condition as you described (http://cgi.ebay.com/ebaymotors/Low-Mileage-Sedan-All-Original-Great-Condition_W0QQitemZ260455875988QQcmdZViewItemQQptZ US_Cars_Trucks?hash=item3ca4614594&_trksid=p4506.c0.m245); Buy it Now for 3,500 OBO (3772.65 CAD).

08-01-09, 02:47 PM
^ That one is right near me. It has been on Craigslist for quite some time but I have never gotten around to going to have a look at it.

08-01-09, 03:57 PM
Sell it to the appraiser for $18,500. :)