Morris Minor Owners Club

I am a liittle confused at the moment about traveller prices. On one hand you have the likes of Charles Ware pricing his travellers at between £6,000-£14,000 and other classic car dealers pitching in at £6995 etc but private individuals pricing theirs at anything between £750- £5500.
I recently took along one our travellers along with some other exhibits to a large event near our town.I placed a for sale sign on the car,we had lots of lookers and enquiries about our asking price but after saying we wanted about £4,000 everyone walked away.
The car is excellent in everyway and I have seen £7,000 cars at local classic car dealerships in worse condition.Going by the classic car price guide it should be priced at £62500 but in reality we could not achieve even £4,000 in the cold light of day.
What is a fair price to ask and what are they achieving price wise as a private individual for the 3 normal conditions of cars ie.. Rough,Average,Excellent.
As the famous department store boasts .. Never knowingly undersold,and that is what we do not want to do.!!!

Mr Confused.

Advertise in the classic car press and don't judge the market on one classic car show. Also put an ad on here, if the car is worth £4000, i.e. a geniuinely nice example then is will sell itself.

You don't say whether the local event you attended was a classic car show or not but at public events you do tend to find that plenty of people will show interest in the cars for sale but few are actually intending to buy (unless they find an absolute bargain!). I doubt that they walked away because they considered your price too high, more likely they were just curious to see how much you wanted.

Check e-bay for an indication of how much travellers in similar condition to yours sell for. £4,000 doesn't seem unreasonable for one in 'excellent' condition but advertise it at £3,900 or £3,950 rather than £4,000. It's a psychological thing but something for sale with a '3' in front of it will always appear more attractive to buyers than something starting with a '4'. Advertise it where it will attract the attention of someone looking to buy a traveller. As chickenjohn suggests, advertise it on here, and also try The Minor Site ( http://theminorsite.co.uk/morris-minors-for-sale ) or if you can get along to the National Rally put it in the 'For Sale' section of the rally ground.

Test it out on ebay it covers the whole country not just local if it does not fetch the reserve you have just lost a few pounds

a good selection of photos help

I sold the one in the picture on Ebay to a dealer and got a good price, he put a better hood on it and sold it for a lot more.

A lot of people seem to look at Charles Ware prices and then advertise their car at between £6k and £8k. I have looked at three Travellers in this price range in the last two months, all were in poor condition. The one I looked at this week had been purchased by the owner three year ago in fully restored condition from a Morris Minor specialist not a million miles from me. It was described as excellent., it had 3 holes in the floor, and the door bottoms had been filled with some kind of expanding foam to hold the door together. The reason given for wanting £6k for the car was that Charles Ware charge up to £16K so this must be worth £6k.