Crazy markup / I hate flippers
02-17-2015, 09:49 AM
#16
Instructor
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Location: Tampa, FL
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This is capitalism at work pure and simple- we all buy things all day long from someone that paid less for them than we do. I for one can't understand why folks get so upset about this- this has been going on for tens of thousands of years the internet just makes the process more transparent. All of us have equal access to the used Porsche market- you have to be a gun slinger to win when a car shows up under market price. Car dealers are in the business to make money - hopefully most of us work for businesses with the intention of making money.
Phil
Phil
Will someone pay? Maybe. When humans panic we do stupid things. See the housing bubble.
02-17-2015, 02:12 PM
#17
So what if they bought the car off of eBay? Its a good thing to know as a buyer but do you think calling them out on it is going to change their mind on the selling price.
Where you're long the market from has no influence on the current market price.
If you dont like the price, dont buy.
Where you're long the market from has no influence on the current market price.
If you dont like the price, dont buy.
02-17-2015, 07:39 PM
#18
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So what if they bought the car off of eBay? Its a good thing to know as a buyer but do you think calling them out on it is going to change their mind on the selling price.
Where you're long the market from has no influence on the current market price.
If you dont like the price, dont buy.
Where you're long the market from has no influence on the current market price.
If you dont like the price, dont buy.
02-17-2015, 11:00 PM
#19
Drifting
Ok two more points and I'm done.
1. Buyers set the market not sellers- if price is too high car generally doesn't sell. Folks get too hung up on absurd asking prices- I could name 30-40 cars that are way overpriced off the top of my head but who really cares.
2. This is a hobby - it's supposed to be fun, lighten up. Anyone that can afford to throw away $25k on a pure toy is probably doing ok.
The rest of world has figured out what we have known for years- The Porsche 911 is a really terrific car, enjoy them!
Phil
1. Buyers set the market not sellers- if price is too high car generally doesn't sell. Folks get too hung up on absurd asking prices- I could name 30-40 cars that are way overpriced off the top of my head but who really cares.
2. This is a hobby - it's supposed to be fun, lighten up. Anyone that can afford to throw away $25k on a pure toy is probably doing ok.
The rest of world has figured out what we have known for years- The Porsche 911 is a really terrific car, enjoy them!
Phil
02-18-2015, 12:18 AM
#20
Instructor
This is the one thing that gets to me with resellers lately, especially if they use an enthusiast forum to pull the crap. Don't get an attitude when you try to flip a known car that the internet is aware of and people bring it up.
02-18-2015, 09:50 AM
#21
Team Owner
Let me put a different spin on it.
You write off your car and expect 30 grand for it due to current prices. Ins company guy says. You only payed 16 a year ago on eBay .......
Food for thought ?
You write off your car and expect 30 grand for it due to current prices. Ins company guy says. You only payed 16 a year ago on eBay .......
Food for thought ?
