Confessions of A Car Flipper
09-23-2017, 06:41 PM
#31
I'm going to have to agree with orthojoe on this. I understand it is capitalism, etc., but he is hoarding allocations. I'm sure there were regular guys with day jobs who tried to get one of these allocations but were unable to because of the supply drying up due to this kind of activity.
Bottom line, I know it is free market and all of that, but it FEELS wrong.
Bottom line, I know it is free market and all of that, but it FEELS wrong.
09-23-2017, 06:44 PM
#32
As I said, the dealers/flippers' privileged access is the problem, nothing else. Allow open access to ALL allocations to everyone with a checkbook, and the flipping and market-cornering problem disappears. The problem is that this privileged access exists, not that its beneficiaries (dealers and flippers) are profiting from it by buying at msrp/invoice and selling at market prices.
The market prices would be pretty much be the same, regardless.
Btw, these "majority of buyers" that get their cars at MSRP are paying the market price premium in other ways ("loyal" service customers, buying 3 low-demand non-GT cars a year at full price, getting raped on trade-ins, etc.).
The market prices would be pretty much be the same, regardless.
Btw, these "majority of buyers" that get their cars at MSRP are paying the market price premium in other ways ("loyal" service customers, buying 3 low-demand non-GT cars a year at full price, getting raped on trade-ins, etc.).
09-23-2017, 09:49 PM
#34
Whenever someone uses the word capitalism in this thread, it reminds me of the scene with Vizzini in The Princess Bride. I agree with Orthojoe's assessment.
Last edited by mass27; 09-23-2017 at 10:26 PM.
09-23-2017, 10:08 PM
#35
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Location: The way to hell is paved by good intentions “Wenn ich Purist höre...entsichere ich meinen Browning” "Myths are fuel for marketing (and nowadays for flippers too,,,)" time to time is not sufficient to be a saint, you must be also an Hero
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Anyone agrees that a moderately regulated capitalism is necessary
otherwise no taxes to have police in the streets
no banks rules at all
etc etc
a jungle far west no laws land
where smone can come to your house to rob and kill you only because has more money
than you to buy a bigger weapon
Porsche in EU did it simple
you prove to have Not been a flipper through a recent Porsche GT VIN linked to your name for more than 1 year or no 991.2 GTx
you prove that not willing to be a flipper owning your 991.2 GTx for at least 1 year or you can forget any next Porsche GT
problem solved politicaly and concretely
otherwise no taxes to have police in the streets
no banks rules at all
etc etc
a jungle far west no laws land
where smone can come to your house to rob and kill you only because has more money
than you to buy a bigger weapon
Porsche in EU did it simple
you prove to have Not been a flipper through a recent Porsche GT VIN linked to your name for more than 1 year or no 991.2 GTx
you prove that not willing to be a flipper owning your 991.2 GTx for at least 1 year or you can forget any next Porsche GT
problem solved politicaly and concretely
Last edited by fxz; 09-23-2017 at 10:25 PM.
09-23-2017, 10:35 PM
#36
I'm going to have to agree with orthojoe on this. I understand it is capitalism, etc., but he is hoarding allocations. I'm sure there were regular guys with day jobs who tried to get one of these allocations but were unable to because of the supply drying up due to this kind of activity.
Bottom line, I know it is free market and all of that, but it FEELS wrong.
Bottom line, I know it is free market and all of that, but it FEELS wrong.
09-23-2017, 10:40 PM
#37
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Originally Posted by shizzle
He took allocations for minimal deposits.
09-23-2017, 10:47 PM
#38
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Don't worry boys when you go to sell your 991.2 GT3 for the next big thing you'll love taking a depreciation hit right?
Somehow I think most of us enjoy the ability to drive our cars for months if not a year and hardly face much depreciation. Part of that ability is the very speculative nature of these GT cars...but hey "oh...those peskwy flippers"
Somehow I think most of us enjoy the ability to drive our cars for months if not a year and hardly face much depreciation. Part of that ability is the very speculative nature of these GT cars...but hey "oh...those peskwy flippers"
09-23-2017, 10:49 PM
#39
Maybe you should watch the video. At around 3:20 he says, "I could literally put out no money and make a bunch of money for flipping an allocation" in reference to what he did on the GT3s.
I personally don't have a beef with a casual flipper. If you buy the car to drive, and then down the road, sell it for a profit, that's fine in my book. But when you try to horde a couple or even a dozen allocations or try to corner the market and keep these cars out of the hands of people trying to get an allocation to enjoy them, that's where I draw the line.
Don't worry boys when you go to sell your 991.2 GT3 for the next big thing you'll love taking a depreciation hit right?
Somehow I think most of us enjoy the ability to drive our cars for months if not a year and hardly face much depreciation. Part of that ability is the very speculative nature of these GT cars...but hey "oh...those peskwy flippers"
Somehow I think most of us enjoy the ability to drive our cars for months if not a year and hardly face much depreciation. Part of that ability is the very speculative nature of these GT cars...but hey "oh...those peskwy flippers"
09-23-2017, 10:53 PM
#40
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Originally Posted by shizzle
Maybe you should watch the video. At around 3:20 he says, "I could literally put out no money and make a bunch of money for flipping an allocation" in reference to what he did on the GT3s.
09-23-2017, 10:55 PM
#41
Sorry if that came off a bit terse. Watching that video pissed me off. I got a good friend who was told that he couldn't get an allocation, and he's a real enthusiast. Meanwhile I found out today that a known flipper up here managed to get two cars in this initial round of cars.
09-23-2017, 10:56 PM
#42
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Originally Posted by shizzle
Sorry if that came off a bit terse. Watching that video pissed me off. I got a good friend who was told that he couldn't get an allocation, and he's a real enthusiast. Meanwhile I found out that a know flipper up here managed to get two cars in this initial round of cars today.
09-24-2017, 02:08 AM
#43
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ignore doug
but some ppl are not using “capitalism “
correctly. it’s an economic term not political and not
morally related.
u do not need to regulate capitalism.
it is self regulating
have u tried to buy illegal drugs ? if u haven’t u should try it.
capitalism at its best
first hit free
the price increase steadiky without fail
fbi cia try to catch dealer
wrong
the offenders are the buyers if they stop buying then there will he no dealers.
if u keep buying them u feed them so who is really at fault
contrary to what most believe i dknt alway get cars msrp.
it’s a losing battle
just don’t buy it
saw the head ache
the mere
discussion here will
not do ****
how long have we talked about
prostitution drug weapons? do
u see them
decreasing lol
talking about this subject is like sitting
on a rocking chair. it gives u something to do but gets u no where.
oh i hate slippers. i want my 991 r for
free. now where is my gawd damned rocking chair? maybe i our one in the rs i lays 100 over ...
but some ppl are not using “capitalism “
correctly. it’s an economic term not political and not
morally related.
u do not need to regulate capitalism.
it is self regulating
have u tried to buy illegal drugs ? if u haven’t u should try it.
capitalism at its best
first hit free
the price increase steadiky without fail
fbi cia try to catch dealer
wrong
the offenders are the buyers if they stop buying then there will he no dealers.
if u keep buying them u feed them so who is really at fault
contrary to what most believe i dknt alway get cars msrp.
it’s a losing battle
just don’t buy it
saw the head ache
the mere
discussion here will
not do ****
how long have we talked about
prostitution drug weapons? do
u see them
decreasing lol
talking about this subject is like sitting
on a rocking chair. it gives u something to do but gets u no where.
oh i hate slippers. i want my 991 r for
free. now where is my gawd damned rocking chair? maybe i our one in the rs i lays 100 over ...
09-24-2017, 04:24 AM
#44
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Join Date: Jan 2013
Location: The way to hell is paved by good intentions “Wenn ich Purist höre...entsichere ich meinen Browning” "Myths are fuel for marketing (and nowadays for flippers too,,,)" time to time is not sufficient to be a saint, you must be also an Hero
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250 Posts
Anarcho-capitalism IS politic
it s not buyers fault, when more than 3 men then buyers don't exist, IS people fault
and far west prove people must be (slightly for me) regulated
as story teach filppers won"t regulate themself
you or someone have to do it
you will self regulate the US flippers
send tons of complaining emails to PCNA AND! PAG
or wait someone to fix it for you
it s not buyers fault, when more than 3 men then buyers don't exist, IS people fault
and far west prove people must be (slightly for me) regulated
as story teach filppers won"t regulate themself
you or someone have to do it
you will self regulate the US flippers
send tons of complaining emails to PCNA AND! PAG
or wait someone to fix it for you
Last edited by fxz; 09-24-2017 at 06:53 AM.
