Recently, I’ve seen a few price reductions on Avanti’s that have been on the market for quite awhile. The one I looked at last October in Ohio has dropped $5K from $54,900 to $49,900. At the time the seller said there was no room for negotiations because he didn’t want to sell the car.
An R1 that I’d inquired about just dropped from $43K to $39K. This isn’t unusual, since a seller typically wants to get as much as possible and a buyer isn’t likely to offer more than the asking price, so starting a high, but reasonable price is to be expected.
I do believe that there’s some spaghetti being thrown at the wall and this could be driven by the possibility that the sellers saw a single car sell for a handsome price and they’ve priced theirs similarly. As an example, the seller of the one in Connecticut specifically mentioned one that had sold for $57K and his is priced at $58K, even though the car most recently sold for $37,500 and is a $45K-$48K car at best.
He has a multi-million dollar car collection and a $50K car is little more than a rounding error in the big picture, but his asking price is preventing car from being sold, driven and seen.