Flipped GT3.2's

[lemmingjames]

Could the government, if it wanted to, not employ the same system that America has in which you get taxed on the profits of a sale, even as a private seller?

Or have i misunderstood the system?

[hunter 66]

Problem then is losses could be offset and all cars depreciate (until recently ) ..

[Robbo66]

No one in their right mind will post their experiences on a public forum, detailing their own experiences and information gathered from friends and colleagues on the way these cars are allocated.

Those who were allocated will continue to extoll the virtues of their OPC in the hope of the next allocation, and those who weren't or feel slighted will continue to rage against the dying of the light.

These threads are carefully monitored, as we all know, so what possible upside is there in ranting in public about a missed allocation or, in some cases 'unusual' way these cars are allocated.

We all have an opinion based on our own experiences, we all know the allocation process is wide open to abuse and conversely, we all know this doesn't apply in all cases. Fin.

[Robograd]

Moose,
Of course you’re right re: Ford**. Thanks for that.
It doesn’t alter ‘the fact’* that the Market is an influence on financial & personal choice; driving trends through its all-pervading (some would say malignant) presence.

• my initial thoughts on Ford’s contractual arrangements & subsequent court proceedings, are that it is an infringement of the buyer’s freedom of action. I’m struggling to think of a comparable example in any sphere of commerce - perhaps, you have other instances of such draconian caveats on the disposal of personal property, freely purchased; by which I mean ‘paid for in full’?

• I dislike using ‘the fact’ as it implies there isn’t an alternative POV: but it is early in the morning, in my defence .

Cheers

[dvshannow]

Robbo66 said:

No one in their right mind will post their experiences on a public forum, detailing their own experiences and information gathered from friends and colleagues on the way these cars are allocated.

Those who were allocated will continue to extoll the virtues of their OPC in the hope of the next allocation, and those who weren't or feel slighted will continue to rage against the dying of the light.

These threads are carefully monitored, as we all know, so what possible upside is there in ranting in public about a missed allocation or, in some cases 'unusual' way these cars are allocated.

We all have an opinion based on our own experiences, we all know the allocation process is wide open to abuse and conversely, we all know this doesn't apply in all cases. Fin.

Right mind....carefully monitored...think taking a bit seriously !

[Porsche911R]

you get no paper work or warranty for 12 months with a new Rolex now !!!

and no buyer is going to buy one without those, so it's made flipping very hard private, the down side is it's had the reverse effect on prices and they have gone up as you cannot buy a private flipped watch for 12 months , but dealers have a steady flow and just keeping bringing them out their safe after 12 months.

So Rolex tried and stopped the madness the net result was the prices went up even more !!! so a bit of a fail all round.

[lemmingjames]

hunter 66 said:

Problem then is losses could be offset and all cars depreciate (until recently ) ..

Do you know how the system works/can explain? (no im not questioning you/your knowledge/calling you out/having a go but genuinely interested in an explanation of how it works)

[Porsche911R]

anonymous said:

[redacted]

it makes no odds to prestige as people who have more money buy the bling ones, white gold or gold etc and you can buy those off the shelf.
On my last flight I sat next to mr bling family, they both had full gold Daytona's on at £27k a pop and Gran had a bi colour one on at £15k, £70k worth of watches !!
just like Rich people buy Turbo S PDK cars or big SUV's or Lambo's . The steel wearing Rolex owner will prob drive an old manual car and be happy with the older model which looks far better.

The Gold watches fall in price say 40% , the steel Rolex market is investment/flippers market.

All it's done is made the 3rd party dealers make more money and put prices up, See those as the 911V and JZM of the Rolex world.

JZM are booming off flipped cars as are 3rd party watch dealers. The AD's have tried to get in on it but like OPC ruin the market even more once they realise they can get in on it also.

[Porsche911R]

anonymous said:

[redacted]

never said they were, I said "All it's done is made the 3rd party dealers make more money and put prices up, See those as the 911V and JZM of the Rolex world."

I said people are making more money due to prices going up ! Cayman R at £55k , 987 Spyder at £60k While JZM push the new cars up in price 911V do the same with the older cars.


As for not following the rest, rich people buy gold Rolex's which you can buy off the shelf.

[Porsche911R]

anonymous said:

[redacted]

I would beg to differ going by the last 2 or 3 987 cars they have sold at £55k and £60k really pushing the top end here on these cars atm.
A few cars I have seen going via 911V have been up there price wise these days, vs normally the best value with them, but if the markets there to pay £60k for a 987.2 Spyder then why not.

They get the best from the 987 platform and hence a lot of cars from this era pass via their hands, one chooses the best people to get the best money when selling. I would say 911V move the most 987 Spyders and R's

JZM get the best from the GT3 market it seems and hence a lot pass via their hands also their % is lower than other 3rd party dealers which helps.

It is what it is.

[IREvans]

Porsche911R said:

you get no paper work or warranty for 12 months with a new Rolex now !!!

and no buyer is going to buy one without those, so it's made flipping very hard private, the down side is it's had the reverse effect on prices and they have gone up as you cannot buy a private flipped watch for 12 months , but dealers have a steady flow and just keeping bringing them out their safe after 12 months.

So Rolex tried and stopped the madness the net result was the prices went up even more !!! so a bit of a fail all round.

That is not correct. Your opinion is possibly based on hearsay....

My recent separate purchases from an official dealer of new BLNR and 114060 both came complete with boxes, paperwork and warranty...

[Porsche911R]

IREvans said:

That is not correct. Your opinion is possibly based on hearsay....

My recent separate purchases from an official dealer of new BLNR and 114060 both came complete with boxes, paperwork and warranty...

so no holding of the warranty card ? that's rare atm as it's common practice to hold the warranty card now for 12 months hence even a 114060 is daft money 2nd hand !!! , enjoy the Batman, had one a few years a great watch. 114060 less so, don't really like the new shape and fit of these and every one seems to wear one, the default buy it seems. Buying a steel Sports model is harder than getting a Porsche imo.
Did they let you keep all the stickers on :-)

Are you flipping or keeping ?

Edited by Porsche911R on Friday 25th May 13:46

[IREvans]

Porsche911R said:

so no holding of the warranty card ? that's rare atm as it's common practice to hold the warranty card now for 12 months hence even a 114060 is daft money 2nd hand !!! , enjoy the Batman, had one a few years a great watch. 114060 less so, don't really like the new shape and fit of these and every one seems to wear one, the default buy it seems. Buying a steel Sports model is harder than getting a Porsche imo.
Did they let you keep all the stickers on :-)

Are you flipping or keeping ?

Edited by Porsche911R on Friday 25th May 13:46

I asked them to remove all the stickers, as I’m a hoarder not a flipper..! I’ll stick them all in a Christie’s or Bonhams auction in 2050 and make a fortune...!

[Cheib]

IREvans said:

Porsche911R said:

so no holding of the warranty card ? that's rare atm as it's common practice to hold the warranty card now for 12 months hence even a 114060 is daft money 2nd hand !!! , enjoy the Batman, had one a few years a great watch. 114060 less so, don't really like the new shape and fit of these and every one seems to wear one, the default buy it seems. Buying a steel Sports model is harder than getting a Porsche imo.
Did they let you keep all the stickers on :-)

Are you flipping or keeping ?

Edited by Porsche911R on Friday 25th May 13:46

I asked them to remove all the stickers, as I’m a hoarder not a flipper..! I’ll stick them all in a Christie’s or Bonhams auction in 2050 and make a fortune...!

I just looked up which watches you two were talking about. Blimey, had no idea they were that expensive now.

[Wudee]

boring, porsche should price them appropriately when new. uk prices are about between 10-15% too low.