Quote:
Originally Posted by kpick
I'm new here but find a lot of folks on this site that like to amuse themselves at pointing out "flippers".
I got to ask...So what? Why do so many care? How is it your business?
I visit several forums regularly. Mostly motorcycle sites and a few vintage car sites.
These issues never come up.
Is this a Porsche thing?
Peace
K.
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Well, if you actually go back and read some of the comments made over the past couple of years, you'll see what the objections are. And it has nothing to do with making money, but the ethics of it. What it boils down to is that flipper are often dishonest in their sales tactics in order to maximize personal profit. It's the dishonesty that folks object to, mostly. The most-used tactic on Pelican is for the flipper to pretend he is an enthusiast, and that he's sorry to let the car/parts go. On an enthusiast website, this lie has legs. But it's still a lie. Other lies include length of ownership, number of owners, and stated intent for car/parts.
Of course, no flipper would ever be honest and say "hey, I bought this car/part at a low price and am now going to sell it at market value in order to make a little money". None of them say that. In fact, most of them go out of their way to avoid telling that truth. By omission, by commission - however the lying is done, it's still unethical. *That's* the major problem. There are other problems as well, including curbstoning and advertizing fee avoidance, but that's just part of the overall picture.
This has been discussed over and over - if you want to get a feel for the discussions, STFA.