Spending an inordinate amount of time browsing Craigslist for cheap cars can really pay off. I finally sold my NB last week and managed to net myself a pretty healthy profit.
I saw the ad for this car just a few minutes after it was posted - it lacked photos and pretty much any details about the car, but from the limited information listed ('99 miata, blue, 6-speed, hardtop, $3000) I was able to deduce that the car was a 10th anniversary edition. I called the seller right away and made my way down to see the car as soon as I left work. After some skilled negotiating, I managed to talk him down to $2100. The car needed a little bit of work, but considering it included a hardtop, I couldn't turn it down.
I got the car home and promptly removed the egregiously ugly (not to mention dangerous) style bar, which I surprisingly managed to sell to some sucker for $75.
I replaced the coil pack, a known weak point on the '99-oo models, as well as the radiator which was showing signs of age. The soft top was also shot- I pulled the top from my NA and bolted it to this car since I literally never use the soft top on my NA.
Fast forward to a couple months later, and I managed to sell the car for $3800 without the hardtop. Full financial details below:
|(75.00)||Style Bar - Sold|
|3,800.00||Sale Price (without hardtop)|
|700.00||Expected Hardtop Sale Price|
|2,147.31||Total Expected Profit|
So, there you have it. Easy stuff.