Quote:
Originally Posted by bpfordfan
if I like the car and the price I did not give a hoot if they got it for free!!! I got a good car at a price I was happy with, and he made money. So what!
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In general, I tend to subscribe to your MO. If I feel that I got what I paid for, I tend to be happy with my purchase. Buying my first two Porsches worked fine in that respect. I knew what the market value was for each car and offered accordingly; a fair but firm offer. Just as I'm happy to pay fair market value for what I want, I'm not going to overpay either. Yes, you found the car I'd like to buy and I'm fine with you making some profit on that (because capitalism works) but I'm not paying you more than it's worth.
However, with prices skyrocketing, it's hard to know what market value is at any one time, particularly on semi-rare items such as a 964 Turbo. Who knows what fair market is right now? (rhetorical question) Therefore, in the interest of not overpaying relative to the market, it's nice to have some sort of baseline to work from.
While I'm no fan of flippers (those that pretend to be collectors and/or that the car for sale was their personal pride and joy), I have no issue with the concept of selling higher than you bought. It's capitalism in action.