928s for Sale
#2611
Rennlist Member
Sorry, but I can't really say that I don't like this one. I would like to see it in person though.
Ebay
http://www.ebay.com/itm/1986-Porsche...dZHE-G&vxp=mtr
Ebay
http://www.ebay.com/itm/1986-Porsche...dZHE-G&vxp=mtr
#2612
Rennlist Member
I love these cars and am excited about them finally starting to go up in value, Im also all for a "rising tide" an all - but what are they smoking north of the boarder
http://www.ebay.com/itm/Porsche-928-...tZMBel&vxp=mtr
http://www.ebay.com/itm/porsche-928-...dZChGh&vxp=mtr
http://www.ebay.com/itm/Porsche-928-...tZMBel&vxp=mtr
http://www.ebay.com/itm/porsche-928-...dZChGh&vxp=mtr
#2613
Rennlist Member
I love these cars and am excited about them finally starting to go up in value, Im also all for a "rising tide" an all - but what are they smoking north of the boarder
http://www.ebay.com/itm/Porsche-928-...tZMBel&vxp=mtr
http://www.ebay.com/itm/porsche-928-...dZChGh&vxp=mtr
http://www.ebay.com/itm/Porsche-928-...tZMBel&vxp=mtr
http://www.ebay.com/itm/porsche-928-...dZChGh&vxp=mtr
Now the "79" is another story. Is pot legal in Canada? Because he must be smoking it for that Buy It Now price!
#2614
Rennlist Member
What makes these prices even more out there - is that you can get this GTS in Vancouver with less miles for $34k -
http://www.ebay.com/itm/1993-Porsche...ZZI7rd&vxp=mtr
http://www.ebay.com/itm/1993-Porsche...ZZI7rd&vxp=mtr
#2615
Race Car
I love these cars and am excited about them finally starting to go up in value, Im also all for a "rising tide" an all - but what are they smoking north of the boarder
http://www.ebay.com/itm/Porsche-928-...tZMBel&vxp=mtr
http://www.ebay.com/itm/porsche-928-...dZChGh&vxp=mtr
http://www.ebay.com/itm/Porsche-928-...tZMBel&vxp=mtr
http://www.ebay.com/itm/porsche-928-...dZChGh&vxp=mtr
#2617
Instructor
Join Date: Jun 2014
Location: A land of ice & snow .. mostly
Posts: 127
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I once was looking at a very interesting car on a dealer's back lot.
It was rough .. really rough.
I asked if he was interested in selling. He said yes, and then gave me a price that was way over the moon. Like condition 1.5 pricing for a condition 5 minus car.
So I asked him, "You obviously know the car is not in the condition necessary to be worth even one third of what you are asking. And you are not the first dealer I've seen with something potentially valuable on the back lot, but in need of a whole lot of work. And none of you seem to be all that interested in selling these cars. What gives?"
His reply was interesting. "Have you ever heard the term flooring?", he asked. I said "No, mind explaining?" He then proceeded to tell me how a car like the one I was looking at may have little real value, but could be presented as valuable collateral against a loan to buy "bread and butter" stock that sells quickly. And since his bank was willing to loan him a lot of money against that car, it really was worth about as much as he was offering to sell it to me for, and advertising it for to the general public, at least to him.
While I'm personally not a fan of running a highly leveraged business, at least I now understood what was going on. I have no idea if this comes into play with any of the recent dealer price jumps, but it does show an interesting perspective on how some smaller car dealers apparently operate.
It was rough .. really rough.
I asked if he was interested in selling. He said yes, and then gave me a price that was way over the moon. Like condition 1.5 pricing for a condition 5 minus car.
So I asked him, "You obviously know the car is not in the condition necessary to be worth even one third of what you are asking. And you are not the first dealer I've seen with something potentially valuable on the back lot, but in need of a whole lot of work. And none of you seem to be all that interested in selling these cars. What gives?"
His reply was interesting. "Have you ever heard the term flooring?", he asked. I said "No, mind explaining?" He then proceeded to tell me how a car like the one I was looking at may have little real value, but could be presented as valuable collateral against a loan to buy "bread and butter" stock that sells quickly. And since his bank was willing to loan him a lot of money against that car, it really was worth about as much as he was offering to sell it to me for, and advertising it for to the general public, at least to him.
While I'm personally not a fan of running a highly leveraged business, at least I now understood what was going on. I have no idea if this comes into play with any of the recent dealer price jumps, but it does show an interesting perspective on how some smaller car dealers apparently operate.
#2618
Rennlist Member
Join Date: Jan 2015
Location: Near Mushroom Capital of the World
Posts: 3,019
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125 Posts
Hope Nate bought it in Seattle. Went quickly! The OBs are coming out of the garages.
https://seattle.craigslist.org/oly/ctd/6154801129.html
https://seattle.craigslist.org/oly/ctd/6154801129.html
#2619
Race Car
Hope Nate bought it in Seattle. Went quickly! The OBs are coming out of the garages.
https://seattle.craigslist.org/oly/ctd/6154801129.html
https://seattle.craigslist.org/oly/ctd/6154801129.html
#2621
Rennlist Member
which is why it's gone.