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Again, don’t blame the dealers for the high prices. We buyers, bidding against each other, are setting the prices. Dealers are just trying to figure out where the highest bidder is likely to be. Making lots of money in this situation isn’t stealing.
Oh no - here we go with the stealers again haha. When you are selling a house for a client do you refuse the highest offer and/or do not allow bidding wars?
Of course not.
He doesnt want to be known as a stealtor!
Again, don’t blame the dealers for the high prices. We buyers, bidding against each other, are setting the prices. Dealers are just trying to figure out where the highest bidder is likely to be. Making lots of money in this situation isn’t stealing.
In my view, at the end of the day, dealers are businesses that try to maximize profits. Some do it with quick cash grabs (high ADMs) wherein the customer will probably not return, and others are a slow milking process.
Already flipped 3 times, this being the 4'th. Amazing.
No way that they are making enough money to justify that effort. Even at 100k over, that is a losing trade to me, especially considering issues like shipping, tax, registration, insurance, etc. Would have to be 200k over to justify all of that for all of the parties. Just a huge economic drain. Much more efficient if the initial dealer just auctioned it, but then the shipping companies and taxing authorities, etc, would make less.
No way than more than 2 sellers will make money on this car, there will be 2 losers.
All the competent dealers will make money selling this car for its entire lifetime. They buy under market value. The yahoo flippers and buyers not so much.
less than $5. It’ll really save you a lot of time on this forum
Last edited by AlexCeres; 04-18-2023 at 01:09 AM.
Reason: Urls
All the competent dealers will make money selling this car for its entire lifetime. They buy under market value. The yahoo flippers and buyers not so much.
less than $5. It’ll really save you a lot of time on this forum
Thanks for the recommendation, but I'm an econ major so I know the drill. All 4 seller to have made a profit the price has to keep increasing. You are telling me the sales price increased 3 times? If so, someone left some serious money on the table at some point. Once, sure....twice, maybe but not 3 or more times.
04-16-2023, 07:50 PM
