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pwd72s pwd72s is online now
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Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,859
Disturbing comments on a BAT aution

https://bringatrailer.com/listing/2024-porsche-911-gt3-rs-12/

Nice car, low miles, and yes, very spendy. What disturbed me? The seller's comments on what he did in order to buy the car in the first place. My God, the price of stroking one's ego certainly is up there these days:

"Disappointing the comments with regard to the “flipper”. We all have plans for the future and sometimes financial issues force undesired actions. For the record, I purchased 6 (SIX) brand new Porsches from this dealer in order to obtain this specific allocation. Each were sold back at sticker or for up to a $40k loss, and enormous losses in sales taxes and registration costs, to obtain this one vehicle . They set those rules. This allocation I intended to keep forever. If it doesn’t sell at a fair price I will keep it. It would have been far less expensive to just buy a “flipped” new version and paid the premium on the open market. I am a true enthusiast and have wanted this vehicle for years. Given all of the transaction, tax and trade in loss costs, even a sale at current market prices will result in a loss for me. Meanwhile, my calcs indicate the dealer made nearly $500k between initial sale gross margins, then reselling the brand new trade ins at well in excess of list (they got them back with just a few hundred miles on them). Refrain from feeling too sorry for the dealer and that somehow I disadvantaged the entity."
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Old 10-13-2024, 09:10 PM
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