Quote:
Originally Posted by sugarwood
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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Quote:
Originally Posted by NYNick
Anthony,
Let's have a cup of coffee someday. I'm not that far away in Westchester. If you're ever up this way give me a ring, and vice versa.
Nick
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Nick,
Most definitely I always enjoy meeting others. I don't get up that way often but we should exchange info and find a time.
It is interesting that there is a 964 being discussed on Rennlist with high miles but completely and properly restored. Asking just <$100k. A lot of interesting changes in the markets.
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Anthony PCA affiliate '77 member '83 '90 3.8 RS tribute, 91 C4 converted to C2,'93 964 C2, '93 928 GTS M '94 Turbo 3.6, '15 Boxster GTS M,16 GT4,23 Macan GTS,
Gone worth mentioning '71 E '79 SC, '79 built to '74 3.0 RS tribute (2390 # 270 hp), '80 928 euro 5 speed, '74 2.0l 914, '89 944 S2,'04 Cayenne TT '14 boxster, '14 Cayenne GTS 14 Cayman S, 18 Macan GTS many others
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