[chiph]

As someone who tried to sell a $2000 Honda Accord one time for $1200 (to get it out of my driveway before I started getting angry letters from the HOA), I agree. It's tough to find a buyer in that price range that has cash, or at least a check that will clear. Pretty much everyone that looked at it wanted to make payments to me for the car. And no, I wasn't going to chase them down every two weeks for my $100.

edit: Wanted to also point out that banks won't lend on cars that old or cheap or decrepit. Someone in that position who needs a car to get to work, has no option but to pay cash.

[sejje]

Maybe the time of year is somewhat relevant.

I haven't sold in that price range before, but I imagine at tax time there's some cars being bought for that price, certainly.

[chiph]

I was expecting college students, high school students, etc. who just needed basic reliable {mostly} transportation.

But no. I ended up selling it to a lady whose car had been totaled in an accident, and $1200 was what the insurance pay-out was. She had never driven a manual transmission before, so a Honda was a good choice for her to learn on. It was painful to listen to her grind gears as she drove away, though...