Thread: Another flip
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aigel aigel is online now
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Join Date: Mar 2003
Location: L.A.-> SF Bay Area
Posts: 14,891
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Quote:
Originally Posted by ArcticOne View Post
I have zero problems with dealers or flippers, especially at car auctions as they are generally the ones who set the price.

As for the guy who wouldn't hold out for his asking price, that's his choice. On an $ 18000 car, selling for almost anywhere north of $ 15 000 in the short term can be highly attractive. Get the money in the pillow case and not in something that could get flattened by a Kenworth. Also selling to a dealer can be a quick and relatively painless transaction as they will take more of a risk. Individuals want to check this and check that, PPI it, test drive it and blah blah blah. I'd rather get the money now and get on with life.

jb
+1

This is exactly my experience. The "enthusiast" that buys the car to keep it will go over it with a fine tooth comb and will have to think about it, talk to his wife, get the cash togeter etc. before it can happen. A dealer or "flipper" will come with cash and will make up his mind on the spot.

I sold about half my cars (all "special interest") to people that likely resold. I preferred them over the average enthusiast who had to be pressured to make up their mind (by telling them others are waiting in line - which they usually did).

Anyway, as always there are two sides to the coin. In the end it is a free country, and you can not blame someone for buying and reselling things. You just need to be quicker than them.

George
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Old 01-07-2009, 08:13 PM
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