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The 997 GT3/RS Cars For Sale Thread...

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Old 09-28-2021, 01:27 PM
  #10096  
bweSteve
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Last edited by bweSteve; 09-28-2021 at 04:46 PM. Reason: commentary not really needed on FS thread
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Old 09-28-2021, 03:50 PM
  #10097  
heymikey
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Originally Posted by 8Lug
That car sold to BaT user "Snaveed". If you look at his history, he has paid way over expected selling price on several cars. He's bought seven 911s and three R8s just in the last three months. Based on the cars, he doesn't fit the profile of a collector. Based on prices paid, he doesn't fit the profile of a dealer. Strange.....
I've noticed this as well. He's definitely purchased several cars off BAT with a bottomless bank account.
Old 09-28-2021, 04:13 PM
  #10098  
zdet
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Originally Posted by zshecht7792
Some of these dealers really stink. Taking away these cars and then relisting them for ridiculous prices. I wish people would not auction off these gt3s so some enthusiasts could get them at somewhat reasonable prices.
Aren't the price increases actually driven by buyers' willingness to pay the "ridiculous" prices? I don't blame the intermediaries...it comes down to supply and demand.
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Old 09-28-2021, 04:32 PM
  #10099  
Joe Cho
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Originally Posted by zdet
Aren't the price increases actually driven by buyers' willingness to pay the "ridiculous" prices? I don't blame the intermediaries...it comes down to supply and demand.
Yes and no. I think the arguments above speaks to some dealers that attempt to manipulate the market.
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Old 09-28-2021, 04:39 PM
  #10100  
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Originally Posted by zdet
Aren't the price increases actually driven by buyers' willingness to pay the "ridiculous" prices?
Of course they are. And private buyers have the same opportunity as dealers to purchase in these same online auctions. Highest bidder wins. Doesn't matter if you're a private party, a dealer, or Martian. I guess we could technically blame the sellers for "allowing" dealers to purchase their cars, but let's be realistic, how many of us would take less from a private party than what a dealer was willing to pay? Sure, I'd forgo a few $K to see my car end up in the hands of the next enthusiast, but not $10k or $20k.
The fact that some dealers are now willing to pay more than most private parties makes me think that many of them will be stuck with expensive inventory they can't move without taking a loss.

EDIT: my comments above are related to normal, good-faith, buying and selling by dealers. I'm not commenting in defense of anyone shill bidding or engaged in other forms of price manipulation.

Last edited by 8Lug; 09-28-2021 at 04:44 PM.
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Old 09-28-2021, 05:01 PM
  #10101  
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Originally Posted by 8Lug
Of course they are. And private buyers have the same opportunity as dealers to purchase in these same online auctions. Highest bidder wins. Doesn't matter if you're a private party, a dealer, or Martian. I guess we could technically blame the sellers for "allowing" dealers to purchase their cars, but let's be realistic, how many of us would take less from a private party than what a dealer was willing to pay? Sure, I'd forgo a few $K to see my car end up in the hands of the next enthusiast, but not $10k or $20k.
The fact that some dealers are now willing to pay more than most private parties makes me think that many of them will be stuck with expensive inventory they can't move without taking a loss.

EDIT: my comments above are related to normal, good-faith, buying and selling by dealers. I'm not commenting in defense of anyone shill bidding or engaged in other forms of price manipulation.
From my previous post I was trying to say exactly what your last sentence says "The fact that some dealers are now willing to pay more than most private parties makes me think that many of them will be stuck with expensive inventory they can't move without taking a loss." I think that is going to happen.
Old 09-28-2021, 05:35 PM
  #10102  
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Originally Posted by zshecht7792
From my previous post I was trying to say exactly what your last sentence says "The fact that some dealers are now willing to pay more than most private parties makes me think that many of them will be stuck with expensive inventory they can't move without taking a loss." I think that is going to happen.
Good, lol.
Old 09-28-2021, 06:25 PM
  #10103  
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Originally Posted by 8Lug
That car sold to BaT user "Snaveed". If you look at his history, he has paid way over expected selling price on several cars. He's bought seven 911s and three R8s just in the last three months. Based on the cars, he doesn't fit the profile of a collector. Based on prices paid, he doesn't fit the profile of a dealer. Strange.....
Cars have very different values overseas. A junk 10,000 Skyline in Japan is worth 50,000 here in the states. A junk S2000 is worth way more here than in the UK. I think the prices don't make sense to us because we for the most-part are based in the US and my thinking is these cars might be going to Asia.

Last edited by TypeRS; 09-28-2021 at 06:28 PM.
Old 09-28-2021, 06:49 PM
  #10104  
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Sold for $214k including fees thus way surpassing the 2k mile .2 GT3 on Pcarmarket. Madness! Who is this Snaveed guy? He bids like crazy on so many auctions. Is he a dealer and/or someone trying to drive up and corner the market? I never see him resell the cars he has bought. Is he a collector, but doubt it.

https://bringatrailer.com/listing/20...che-911-gt3-8/

Last edited by RapidGT; 09-28-2021 at 06:51 PM.
Old 09-28-2021, 06:52 PM
  #10105  
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^win every bid he's in....impressive, curious if every deal went through tho
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Old 09-28-2021, 06:52 PM
  #10106  
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Originally Posted by RapidGT
Sold for $214k including fees thus way surpassing the 2k mile .2 GT3 on Pcarmarket. Madness! Who is this Snaveed guy? He bids like crazy on so many auctions. Is he a dealer and/or someone trying to drive up and corner the market? I never see him resell the cars he has bought. Is he a collector, but doubt it.

https://bringatrailer.com/listing/20...che-911-gt3-8/
If he's a dealer I'd have to wonder what he thinks the upside would be on his $214K investment?
Old 09-28-2021, 06:56 PM
  #10107  
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Snaveed strikes again
Old 09-28-2021, 07:00 PM
  #10108  
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Originally Posted by zshecht7792
Snaveed strikes again
He’s bidding on the Orange .1 RS BAT auction. Can’t imagine what he’ll do there.

https://bringatrailer.com/listing/20...che-gt3-rs-38/
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Old 09-28-2021, 07:02 PM
  #10109  
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Originally Posted by zshecht7792
Snaveed strikes again

He just started bidding on June 10 and has 14 auction wins

I am pretty good at super stalking and I think I know who he is. And he's not a dealer, exporter, or anything like that. So hey, he digs cars. Not much different than any other collector. Bully for him.

Snaveed bidding history

Last edited by Upscale Audio; 09-28-2021 at 07:10 PM.
Old 09-28-2021, 07:04 PM
  #10110  
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Originally Posted by Upscale Audio
All of Snaveed’s bids and auction wins only started in June 2021. 14 auction wins and 253 bids.

Last edited by RapidGT; 09-28-2021 at 07:07 PM.


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