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price seems alright...why not look for one from a private sale |
Looks Suspiciously cheap for the year |
That black 964 I posted on August 3rd? (Theft recovery in Summerland, 25k) It was relisted August 6th in Richmond for $29,999. Quick flip. 1991 Porsche 911 c2 http://images.craigslist.org/00a0a_h...qe_600x450.jpg |
What a shame. (enthusiast) Car flippers have a special place in hell waiting for them if I had my way. It could have been a way for a true enthusiast to get a deal on a car he'd love forever, or at least a long time. |
I can't hate on a guy for hustling to make a buck. I'd do the same. He pulled the trigger when "true enthusiasts" didn't. |
these new pics look so much better.. looks almost like a different car |
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Edit: saw your post said it was originally 25k. Kinda seems like a lot of work for a potential ~3k profit (after tax and assuming both sell for near list). I would guess the thieves took it for a ride the car hasn't forgotten. Mind you, 3k is 3k for a nice drive to the interior and back with a little paperwork.. |
I don't think someone would flip it for that price... it would have cost them $3k in taxes to buy at $25k... and they are ASKING $30k and nobody pays ask price on CL... I seriously doubt they would risk that to make <$2k |
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Agreed |
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Ohhhh shit turbo LS1 swap!!! ( 302 for 3-series swaps, LSx for 5-series and up ) |
Are you guys kidding? It's simple economics...supply and demand. Are you saying that if you had the chance to make a quick $5k because you saw something under market value, you wouldn't make that money? Back when the PS3 (and PS2, actually) first launched, I had access to 10 of them, bought them all and flipped them all within a day to nerds with too much money that needed to play the crappy launch titles immediately. Made almost $10k without ever opening a box. Is that wrong? I care so much less about how much someone else wants a car than $5k in my pocket because at the end of the day, people on Craigslist are just strangers. If no one wanted it, no one would be able to flip and drive prices up. The market evens itself out. |
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That is, of course, if the buyer is willing to purchase for 3k more than the sellers total cost. And with a rebuilt, that's riskier than without the rebuild status. My guess was the 3k profit wasn't the goal here, the car has some skeletons as a result of the theft and the buyer is trying to get as much back as he can by asking more than what he paid after tax. If it really is a flip and they paid $21,500 as suggested here, thats just over 23k after tax and if he can get 28k or so, 5k is pretty good for a days work. |
It could also be a case of "if I can get XX I'll sell it, otherwise I'll keep it and enjoy it" |
Been eyeing an e46 m3 on the market for the last couple weeks, but unfortunately money will be going somewhere else :okay: Not sure if repost, please ignore if it is. 2003 BMW M3 6 Speed Coupe 2005 BMW E46 M3 COUPE 6-Spd |
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Anyways, heres a 964 that doesn't carry any stories for less anyways. http://vancouver.craigslist.ca/van/cto/4572395090.html Just for fun, heres the worst porsche buy of the century. http://victoria.craigslist.ca/cto/4595445412.html |
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At $28K, it's a good buy. Or pony up a bit more for a late model 996 or 997.1. |
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I would think he's just trying to salvage what he can financially. It's normally easier to sell a car that is in working condition than not, especially the Porsche market. |
I suppose so. If it was manual with clean title for $28k it would have been sold already |
Maybe a good buy for someone 1994 Toyota MR2 turbo RHD |
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