| Cobalt |
12-12-2019 05:20 AM |
Quote:
Originally Posted by sugarwood
(Post 10685275)
You again miss the basic idea of how the market works. 51k is 51k. Your method of valuation is but one method. Just because YOU would not pay $48k for a low milage unicorn, that's doesn't mean others will not.
If I think a Gucci belt is only worth $10, but others pay $100, I am wrong on the value. THE MARKET IS NEVER WRONG. if I insisted the belt was only worth $10, I'm an idiot who doesn't understand how the fashion belt market works. The belt is worth $100 and I don't understand how belts are priced. This does not mean I don't understand belts, however.
The complex pricing reality exists regardless of your opinion (or ignorance) of it. if you have a one-dimensional view of pricing markets that's on you....The market has spoken. Mileage trumps everything in this particular car market. $48k is the actual market value and market doesn't matter what your solitary opinion is. Is your job to understand reality and operate within it. That means trying to understand why the market values that car at 48k, regardless of your personal feelings.
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Keep smoking that crack. And what the $uck does a Gucci belt have to do with the car market? I was heavily involved with the grey market back in the 80's. Helped import over 70 Porsche's. I said when the current rise in the market started it had all the earmarkings of the 80's market all over. People laughed at me but time has proven me right. We are seeing the same thing happening I observed back then.
I find it hilarious that you think you have a clue to what the market is and how it works. Although my primary focus is on the 964 which is probably the most misunderstood of them all. it isn't much different for the SC's and all air-cooled cars.
I looked at countless Porsche's for people do PPI's all the time. I can't say for sure but this year alone I looked at hundreds of these cars for people. Your comment just proves you have no clue. There were a lot of ignorant people willing to throw their money at crap cars but those days are coming to an end. The buyers are far more educated now and are learning to pass on the junk and wait and pay up for the good ones.
I can line up a dozen 911's all with the same low miles and point out why one is worth $89k another not worth buying and the remaining fall someplace in between. The days of the uneducated buyer who will throw their money on anything air-cooled is over. Maybe you are that clueless that you believe mileage dictates unconditionally. The truth is condition is now as important as mileage but your ignorance seems to tell you otherwise.
Once again if you want an education I am not far away I would be happy to edjimicate you when you have the time to open your mind to reality.
As far as the cast cases of the 964 they are not all that bad. No doubt they could have been better but the problem with welding was he was using a pure aluminum rod on an alloyed case. I spent 30 years of my life supplying aluminum and magnesium castings to the Dod and aerospace industries I can assure you the quality is not a concern. I work on vintage Japanese cars as well and the quality of most of their castings IMO are crap compared to the Porsche parts.
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