Saying Goodbye to my Golf Blue .2GT3
08-02-2018, 10:09 PM
#76
This thread is stupid. Bottom line is that there is a PTS 991.2 GT3 with a few miles on it available for a fair market price and usctrojanGT3 was letting Rennlisters know about it. Thanks for letting everyone know. I'm sure there is a thankful Rennlister who is on the phone as we speak with PNH trying to work a deal on that car. Good luck to the usctrojanGT3 and congrats to the new owner.
08-02-2018, 10:12 PM
#77
Nordschleife Master
Can someone explain to me the math? What am I missing?
Let's use some arbitrary numbers:
Scenario 1:
MSRP 100k. Dealer profit on MSRP car is 20% or 20k.
Dealer sells car for 100k. Net profit is 20k
Customer sells car back to dealer for 100k. Net profit is now zero because dealer had to spend that 20k profit to buy back
Dealer sells that car for 120k. Net profit now back to 20k
Scenario 2:
Dealer sells 100k MSRP car for 120k. Net profit is 40k.
How is the customer in scenario 1 helping the dealer? I'm not following the math. The dealer is scenario 1 had to work twice for a lower profit than the dealer in scenario 2. This why people who expect MSRP trade in on their cars seem unreasonable to me.
Let's use some arbitrary numbers:
Scenario 1:
MSRP 100k. Dealer profit on MSRP car is 20% or 20k.
Dealer sells car for 100k. Net profit is 20k
Customer sells car back to dealer for 100k. Net profit is now zero because dealer had to spend that 20k profit to buy back
Dealer sells that car for 120k. Net profit now back to 20k
Scenario 2:
Dealer sells 100k MSRP car for 120k. Net profit is 40k.
How is the customer in scenario 1 helping the dealer? I'm not following the math. The dealer is scenario 1 had to work twice for a lower profit than the dealer in scenario 2. This why people who expect MSRP trade in on their cars seem unreasonable to me.
08-02-2018, 10:16 PM
#78
08-02-2018, 10:19 PM
#79
Can someone explain to me the math? What am I missing?
Let's use some arbitrary numbers:
Scenario 1:
MSRP 100k. Dealer profit on MSRP car is 20% or 20k.
Dealer sells car for 100k. Net profit is 20k
Customer sells car back to dealer for 100k. Net profit is now zero because dealer had to spend that 20k profit to buy back
Dealer sells that car for 120k. Net profit now back to 20k
Scenario 2:
Dealer sells 100k MSRP car for 120k. Net profit is 40k.
How is the customer in scenario 1 helping the dealer? I'm not following the math. The dealer is scenario 1 had to work twice for a lower profit than the dealer in scenario 2. This why people who expect MSRP trade in on their cars seem unreasonable to me.
Let's use some arbitrary numbers:
Scenario 1:
MSRP 100k. Dealer profit on MSRP car is 20% or 20k.
Dealer sells car for 100k. Net profit is 20k
Customer sells car back to dealer for 100k. Net profit is now zero because dealer had to spend that 20k profit to buy back
Dealer sells that car for 120k. Net profit now back to 20k
Scenario 2:
Dealer sells 100k MSRP car for 120k. Net profit is 40k.
How is the customer in scenario 1 helping the dealer? I'm not following the math. The dealer is scenario 1 had to work twice for a lower profit than the dealer in scenario 2. This why people who expect MSRP trade in on their cars seem unreasonable to me.
check your math.
That is the problem with common core math.
08-02-2018, 10:20 PM
#80
Rennlist Member
Join Date: Oct 2010
Location: Limassol, Cyprus and DFW, Texas
Posts: 4,636
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This thread is stupid. Bottom line is that there is a PTS 991.2 GT3 with a few miles on it available for a fair market price and usctrojanGT3 was letting Rennlisters know about it. Thanks for letting everyone know. I'm sure there is a thankful Rennlister who is on the phone as we speak with PNH trying to work a deal on that car. Good luck to the usctrojanGT3 and congrats to the new owner.
Nice Golf blue car for sale! Let’s move on.
08-02-2018, 10:22 PM
#81
08-02-2018, 10:24 PM
#82
I'm pretty sure Martin has a good day job and flipping cars is not his primary food source. Trying to glean something positive from this thread, I would like to know what shipper Martin trusts to move these fine cars back and forth to Houston and how much to reliably ship a GT3 like this?
Jim
Jim
08-02-2018, 10:33 PM
#83
Nordschleife Master
The actual profit is 40k in both scenarios. But in scenario 1 the dealer had to work 2 deals for seemingly no good reason, vs scenario 2 they got the same profit while only spending time on one deal.
08-02-2018, 11:02 PM
#87
Rennlist Member
Best wishes for Martin's new RS, the more variety of cars one can sample, the better life is!
08-02-2018, 11:03 PM
#88
08-02-2018, 11:08 PM
#89
Race Director
08-02-2018, 11:15 PM
#90
Rennlist Member
Thread Starter
I'm pretty sure Martin has a good day job and flipping cars is not his primary food source. Trying to glean something positive from this thread, I would like to know what shipper Martin trusts to move these fine cars back and forth to Houston and how much to reliably ship a GT3 like this?
Jim
Jim
