<VV> 1968 Ultra Van #409 (relisted on eBay) Psychology

[RoboMan91324 at aol.com]

Frank,
 
Good point.  That could well be what the seller is  thinking.  If so, he 
shot himself in the foot with the lowball price in the  first listing.  I 
would think that all those who saw the original price  will shun the new listing 
even if they might have gone for the higher price  originally.  Maybe the 
seller hopes for new viewers.  Or ..... maybe  he hopes an old viewer will 
jump at the present $4900 price before the seller  jumps the price to $10,000 
in the third listing.  I am joking, of  course.  However, stranger things 
have happened.
 
Doc
 
1960 Corvette, 1961 Rampside, 1962 Rampside, 1964 Spyder  coupe, 1965 
Greenbrier, 1966 Canadian Corsa turbo coupe, 1967 Nova SS, 1968  Camaro ragtop

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
 
In a message dated 1/9/2013 9:00:07 A.M. Pacific Standard Time,  
virtualvairs-request at corvair.org writes:

Message:  1
Date: Wed, 09 Jan 2013 07:32:27 -0500
From: Frank DuVal  <corvairduval at cox.net>
Subject: Re: <VV> 1968 Ultra Van #409  (relisted on eBay) Psychology
To: virtualvairs at corvair.org
Message-ID:  <50ED635B.3020409 at cox.net>
Content-Type: text/plain;  charset=ISO-8859-1; format=flowed

It is because of perceived value to  the purchaser.

Confused?

If you were looking for a nice diamond  ring, would you look at $25 ring 
ads? No, you would start looking at $100  or $1000 or more ring ads. You 
just wouldn't think a $25 diamond ring  would be worth hundreds.

Same thing in cars. A low ball price sometimes  stops people from even 
looking to see what is for sale in an ad. So, if  something doesn't sell, 
start advertising in another dimension!

I  wouldn't think this would be a problem on an auction site like eBay, 
since  most things start low due to eBay pricing rules, but maybe it 
still has  merit for psychological reasons.

Frank  DuVal