New GT3/GT2RS Leads With/Without ADM
#4036
An essential difference between most of the sites you listed and auction sites like BaT is that the former are showing prices that sellers wish to receive for their cars. The highest BaT bid shows the most anyone is willing to pay for the offered car. Talk is cheap. BS talks, money walks.
And look at this on the bright side. You just discovered a venue where you could load up on GT cars for cheap. Maybe even start a business where you buy cheap GT cars on BaT and sell them on these other sites which reflect prices that are more "real".
And look at this on the bright side. You just discovered a venue where you could load up on GT cars for cheap. Maybe even start a business where you buy cheap GT cars on BaT and sell them on these other sites which reflect prices that are more "real".
#4037
Rennlist Member
I understand the differences and understand your point. But my point is that if BaT is not widely used as a car buying/selling platform, then the price only reflect a certain group of people (bargin hunters?) willing to pay plus the luck not having many people (with buying power) watching that auction at that particular week. If the same Car and auction was advertised on Rennlist and autotrader (list it at your wish price and a link to the auction), do you think the result would be the same? You might get a bargin (like this case) once a while and i would love to get a low milage GT3 at that price (compare to MSRP), I won’t count on it if wanted a car.
#4038
Rennlist Member
I understand the differences and understand your point. But my point is that if BaT is not widely used as a car buying/selling platform, then the price only reflect a certain group of people (bargin hunters?) willing to pay plus the luck not having many people (with buying power) watching that auction at that particular week. If the same Car and auction was advertised on Rennlist and autotrader (list it at your wish price and a link to the auction), do you think the result would be the same? You might get a bargin (like this case) once a while and i would love to get a low milage GT3 at that price (compare to MSRP), I won’t count on it if wanted a car.
#4039
FWIW, recently sold on eBay:
#4041
Three Wheelin'
#4042
Rennlist Member
A little late to the party but congrats to the owner that snagged that PTS at the BAT auction.
Scrolled thru the comments and doesn't look like he's going to flip it......
Scrolled thru the comments and doesn't look like he's going to flip it......
#4043
Rennlist Member
Did u see the gt that sold at Amelia for 620k.... another deal!
#4044
#4045
Rennlist Member
#4046
SJW, a Carin' kinda guy
Rennlist Member
Rennlist Member
So you get it for $160k ($155k plus $5k to BAT), pay tax (ok Martin pays $1000 to Montana), registration, shipping, insurance, and then you sell for $170k or even $175k that’s not making any actual money. And that’s betting on someone who likes slate grey $12k more than agate grey. And everyone is assuming this car did not spend 700 miles on track or have an overrev or something. If you look at the PTS cars that have sat for sale for a long time or, in this case, sold below what the peanut gallery thought, they are colors that are close to factory offerings. Before everyone who loves slate grey or polar silver or Grand Prix White or speed yellow, don’t get me wrong I do too, but you have to find someone to justify the extra money over the standard color pallet.
#4047
So you get it for $160k ($155k plus $5k to BAT), pay tax (ok Martin pays $1000 to Montana), registration, shipping, insurance, and then you sell for $170k or even $175k that’s not making any actual money. And that’s betting on someone who likes slate grey $12k more than agate grey. And everyone is assuming this car did not spend 700 miles on track or have an overrev or something. If you look at the PTS cars that have sat for sale for a long time or, in this case, sold below what the peanut gallery thought, they are colors that are close to factory offerings. Before everyone who loves slate grey or polar silver or Grand Prix White or speed yellow, don’t get me wrong I do too, but you have to find someone to justify the extra money over the standard color pallet.
#4048
SJW, a Carin' kinda guy
Rennlist Member
Rennlist Member
If flipping a $160k car to maybe make $10k is worth it to you, I admire your drive.
#4049
Been a Nevada resident since 2005 and have been enjoying the private party no-sales tax purchase benefit since then. The other cool thing about Nevada is that I can buy a private party car (not pay sales tax) and then use that car to buy a new car to get a trade-in sales tax benefit (only paying sales tax, if any, on the price of the new car less the value of the trade-in). Plus no state income tax in Nevada....what a great state!
#4050