August 12, 2004

Craigslist - scarily efficient

At least in major metropolitan areas, Craigslist is a frighteningly efficient marketplace. Frankly, if you want to sell locally for a particular price, it beats the pants off of eBay (and I'm a big fan of eBay).

Last night around 9:30, I finally got around to listing my poor broken Civic on Craigslist. I got a couple of emails before I had even seen the listing published (and I was clicking refresh a bunch after posting). Within 30 minutes, I probably had about 15 emails - for a 1991 Civic in need of a new engine!

I figured I'd give the interested people a call and show the car the next day (today) after work, but the first person I called wanted to take a look right then. By about 11:15 PM, the car was sold. Total time between listing the car and having money in hand with the car out of the driveway: 1 hour 45 minutes. Craigslist rocks. Include the time it took me to get around to listing it: ~ 4 months 1 hour 45 minutes. I suck.

Posted by kstroke at August 12, 2004 10:25 AM
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The last car I bought was a '96 Civic CX off of Craigslist back in April or May. My goal was an inexpensive, '95 or newer car with < 100k miles and a make/model with a reputation for longevity. I looked on Craigslist for a while, checked out a few cars, and once I found one that really fit the bill, went after it aggressively.

The owner had posted her phone number (and removed it later after getting a ton of calls) so I sent an email and called and left a message. I followed up with another call (actually talking in person is so much better than relying on phone tag) to see if I could get the VIN for a CarFax report and set up a time for a test drive. She couldn't show her car that night, so we set up a time the first thing the next morning (8 AM was the earliest she could be there). I'm not a morning person, but I figured the first person to see the car would probably be the buyer if it was worth buying.

Didn't actually buy anything from the Alameda County Auction. Just wanted to see what it was like to see if it was worth going to the next time I was in the market to buy a car. I think it's worth checking out.

With 3 of the last 4 cars I've owned, I've been able to pay for them outright, and I'd like to continue that trend. Having a substantial car loan made me feel like I had the sword of Damacles hanging over me. I'll have to save up for a little while if I want a nice one from the auction.

I'd be interested in checking out police auctions as well, but I haven't figured out where/when they are around here, yet. Also, I think I'd have to be more cautious and careful. Most of the Alameda County Auction's cars seemed to be off-lease vehicles in good condition. With police auctions, I imagine a lot of the cars are junkers that got towed and the owners didn't feel like it was worth it to go retrieve it. I'm imagining all those cars I see abandoned on the side of the highway with a flourescent green ticket stuck on the back windshield. They tend to magically disappear within a day. I guess I'd be hoping to score a nice car from a drug dealer who got a long sentence (don't want to have to worry about him getting out, tracking down his old car).

Posted by: kstroke at August 13, 2004 10:19 AM

yes, craigslist in DC helped me sell 2 beds. and had ppl wanting my desks but they never followed through so i sold one and kept the other..the better one.

the craigslist in pittsburgh...not as good. maybe because it is new...about a year old....and the city is smaller, less ppl turnover, i guess.

still that car deal was cool. i want to hear about your car-buying experience. k? a friend from college got a good deal on a car she got from a police auction.

Posted by: nokii at August 12, 2004 04:16 PM

Heh, at least you've gotten rid of it and can reclaim some of that driveway space.

So what kind of car are looking into now?

Posted by: kuoj at August 12, 2004 12:02 PM