Trader Speculation at it's worst!

Trader Speculation at it's worst!

Author
Discussion

g7jhp

Original Poster:

7,013 posts

251 months

Saturday 17th May 2014
quotequote all
This 3.2 Carrera was on sale (private) in the classifieds a couple of weeks ago for £24,995, with circa 68k miles on the clock.



http://www.pistonheads.com/classifieds/used-cars/p...

No guess who was bound to pick it up!

Now it's back on their website for £42,995., so a potential £18,000 profit! yikes




IMI A

9,812 posts

214 months

Saturday 17th May 2014
quotequote all
In 5 years these will be even more silly money for nice low mileage cars like that. I've seen cars with 90,000 miles (albeit VGC) sell for between £30k and £40k recently.!!

markiii

4,013 posts

207 months

Saturday 17th May 2014
quotequote all
can't begrudge them a profit but it makes you sick how it prices people out of the market

g7jhp

Original Poster:

7,013 posts

251 months

Saturday 17th May 2014
quotequote all
markiii said:
can't begrudge them a profit but it makes you sick how it prices people out of the market
This is exactly my point. If it was £32k then it would be prep and a margin of profit.

Currently it's just plain greed.



jamesogt

371 posts

178 months

Saturday 17th May 2014
quotequote all
They fill the fuel tank, what more do you want!

leefee

634 posts

142 months

Saturday 17th May 2014
quotequote all
So, whoever is moaning about how much it was a few weeks ago, you should have bought it and you too could have made an easy HUGE no hassle profit.

Or, its too dear and it wont sell.... I imagine the dealer knows his stuff, saw a bargain and has chosen to retail it, absolute best of luck to him. Don't for one minute underestimate the margin needed to retail this type of car, not only in refurb costs, but NO amount of profit would make me want to try retailing something like that. Dealing with some of the most uptight, anal twitchies ,that would make you feel you were married to them rather than the bloke who sold them a car. Stunning looking car though. smile

markc88

43 posts

151 months

Saturday 17th May 2014
quotequote all
Looks like the seller shouldn't have moved from them for the last service.

twing

5,382 posts

144 months

Saturday 17th May 2014
quotequote all
g7jhp said:
This 3.2 Carrera was on sale (private) in the classifieds a couple of weeks ago for £24,995, with circa 68k miles on the clock.



http://www.pistonheads.com/classifieds/used-cars/p...

No guess who was bound to pick it up!

Now it's back on their website for £42,995., so a potential £18,000 profit! yikes



What the [heck] has it got to do with you? You didn't buy it when it was cheap and won't be buying it now so the answer is nothing! Someone bought it because it was priced low and will hang on to it until prices rise...that's what we call business. £18000 profit??? What about prep, warranty, overheads, stocking plans and the tax man?
Your post has almost ruined my BBQ and a perfectly good Pimms due to your total ignorance and downright censoredishness

Edited by domster on Monday 19th May 11:18

Mermaid

21,492 posts

184 months

Saturday 17th May 2014
quotequote all

Free market.

Butter Face

32,572 posts

173 months

Saturday 17th May 2014
quotequote all
The link says £44,995?

One would assume that this thread has got them some more attention and more profit.

Nice one OP!

anonymous-user

67 months

Saturday 17th May 2014
quotequote all
Butter Face said:
The link says £44,995?

One would assume that this thread has got them some .........
........more profit.

Nice one OP!
Why? Have they sold it yet? Will anyone be daft enough to at that sort of money?

I have no problem with them buying for whatever and selling it at what they can get. I would question the sanity of anyone paying £45K for that.


Butter Face

32,572 posts

173 months

Saturday 17th May 2014
quotequote all
Well no, but one would assume some haggling will take place, in which case they're already 2k up. smile

Mermaid

21,492 posts

184 months

Saturday 17th May 2014
quotequote all
DELETED: Comment made by a member who's account has been deleted.
Making hay while the sun shines - I expect the OP, or anyone else, will not have any sympathy for them if prices crash and they are left holding a lot of stock i.e 1989. Unlikely, but not impossible.

LA167

897 posts

199 months

Saturday 17th May 2014
quotequote all
Butter Face said:
The link says £44,995?

One would assume that this thread has got them some more attention and more profit.

Nice one OP!
Corrrrr!! £20k profit! Iz niiiiiice!!!

Butter Face

32,572 posts

173 months

Saturday 17th May 2014
quotequote all
LA167 said:
Butter Face said:
The link says £44,995?

One would assume that this thread has got them some more attention and more profit.

Nice one OP!
Corrrrr!! £20k profit! Iz niiiiiice!!!
Standard margin innit. rofl

andymc

7,490 posts

220 months

Saturday 17th May 2014
quotequote all
g7jhp said:
This 3.2 Carrera was on sale (private) in the classifieds a couple of weeks ago for £24,995, with circa 68k miles on the clock.



http://www.pistonheads.com/classifieds/used-cars/p...

No guess who was bound to pick it up!

Now it's back on their website for £42,995., so a potential £18,000 profit! yikes



why does this why worry you? are you buying it? dick

CampingGaz

189 posts

156 months

Saturday 17th May 2014
quotequote all
Just love a sensible, well thought out & structured PH response :P

In the same manner, what's it got to do with you :-)?

Some of us found it interesting....

twing said:
What the [heck] has it got to do with you? You didn't buy it when it was cheap and won't be buying it now so the answer is nothing! Someone bought it because it was priced low and will hang on to it until prices rise...that's what we call business. £18000 profit??? What about prep, warranty, overheads, stocking plans and the tax man?
Your post has almost ruined my BBQ and a perfectly good Pimms due to your total ignorance and downright censoredishness
Edited by domster on Monday 19th May 11:19

Wozy68

5,429 posts

183 months

Saturday 17th May 2014
quotequote all
twing said:
g7jhp said:
This 3.2 Carrera was on sale (private) in the classifieds a couple of weeks ago for £24,995, with circa 68k miles on the clock.



http://www.pistonheads.com/classifieds/used-cars/p...

No guess who was bound to pick it up!

Now it's back on their website for £42,995., so a potential £18,000 profit! yikes



LANGUAGE
People work hard and where classic cars are concerned buy with the heart. They spend their savings dealers make massive profits There is profit and then there is greed.
Guess who loses out IF prices don't rise, and who wins and adds another pool to the one they already have.
The Internet is a great thing. Unless a dealer sits on it for a year, it's easy to see when an easy profit is being made.
Not judging one way or another, just saying

Edited by domster on Monday 19th May 11:20

Craigybaby69

487 posts

144 months

Saturday 17th May 2014
quotequote all
Must have been a ste BBQ if you needed to check into Pistonheads. Thank you for not inviting me.

twing

5,382 posts

144 months

Saturday 17th May 2014
quotequote all
CampingGaz said:
The only thing it has to do with me is that I buy and sell vehicles for a profit. Which is the subject matter of the original post. Thanks for noticing that my reply was considered,it was, many times.