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Clearly part of the issue of a non-dealer selling numerous cars is title jumping/curb stoning and the loss of tax revenue.
The biggest benefit with purchasing from a dealer is the buyer having recourse if something goes wrong with the transaction, whether its a title issue, or other problem with the transaction. At least in CA, dealers have to hold a $50k bond which can be leveraged if there is an issue with a transaction. Obtaining a dealer license in CA is not trivial. You have to have an approved building or a signed lease that is zoned properly before even applying for your license. You cant get a retail dealers license and operate out of your home. Even with all the protections, one can still get burned by a dealer, but at least they have some recourse. Additionally, they can check reviews and complaints which can help a great deal in finding someone you can trust. Clearly less risky than buying a car from the local grocery store parking lot. I'm a somewhat new retail dealer(just over 2 years now) who deals in late model cars and trucks along with specialty vehicles. I do get the disdain folks have for used car dealers and the business in general. Just like in everything, there are those who do their best to be honest and treat people fairly and I suppose just as many who would sell out their Grandmothers. Many on this forum may be comfortable selling cars private party, but many people are not. There are probably as many d-bag 'car buyers' as sellers. I know of some used car dealers that have small call centers contacting private party sellers on Craigs List and low balling them looking for low hanging fruit. A friend of mine sold a car and had what appeared to be flippers working in groups making appts to see it, not showing up multiple times, bagging on their nearly perfect car to frustrate them and then attempt to use that frustration to swoop in and steal it. Our consignment business has grown a bit faster that I was expecting, mostly because people do not want to deal with selling their cars and are happy to pay a reasonable fee for the service. |
dealers
Welcome to the car business. In NJ the state makes it so expensive to get a Dealer license that alot of guys become back yard dealers . Im sure its the same in alot of states .
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Wollet=scammer
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Hmmmm, Wollett. Are you looking in a mirror :confused:? What about all the cars you're selling here; on PCA, on Early911 Registry; on Excellence; on Benz World using different email addresses? AND YOU ARE SKIPPING TITLES, RIGHT? Broker? BS! I urge everyone to avoid this guy. It's always bad news when you're dealing with someone like him. If there's a problem with the car or title, YOU HAVE NO RECOURSE AGAINST HIM, because his name is not on the title! He's jumping from state-to-state-and-back (FL-IN-FL), yet selling cars with titles from CA, PA, CO that are not in his name??? BUYER BEWARE!! Not sour grapes. 'nuf said. |
Me Zee
Exposed yourself, be transparent, because I have no idea who or what your talking about. Supposedly you know me so who are you? Plus take this off the forum, please. |
MrZee, if you have something to talk about, please. if not, please go away. you signed up just to talk shlt. not a good look for you.
you are exercising poor form, even for the marketplace forum... |
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***forum butt pinch*** |
This is a cut and paste from Samba ..... Who thinks this guy is a collector and who thinks he's a dealer? Two of the worst offenders are in So Calif... One in LA and one in Orange County.....
[WTB] WTB: 911, 912 or 930 WANTED by Enthusiast Price: 1000000 Price: any WTB: 911, 912 or 930 WANTED by Enthusiast Price: any Serious Enthusiast looking to buy an Air Cooled Porsche: I will consider any 911, 912, 964, 993, 914, 914/6 or 930 Turbo Running or Not unlike many others looking for porsches pretending to be real buyers: I am true enthusiast and know what I'm looking at and am happy to pay more on the spot TRY ME! I will gladly pay TOP DOLLAR If you sincerely want to Sell your Porsche No Games NO BS just quick easy deal....Try me thanks |
Let me guess . . . . his name is Wollett?
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You can buy the car as a dealer, and assign the title to the dealership. Put your dealer plate on and drive the car. Sell the car as a dealer and assign the title to the buyer, all without registering the car. This all assumes you're listed on the dealers insurance as a user of the plate and de facto an employee of the dealership. Some states may make you have a sales license but it takes nothing more than a little paperwork to get one. Nothing wrong with it. Ever since I left working for Porsche I have a couple dealers who I work with and I do the same thing. The paperwork package to get my own dealership and plates in PA is 96 pages long. No thanks. I have a nice storage facility and I use to keep my cars and do some work on them. |
legal/not legal
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I can't speak for other states, but in Colorado the dealer assigns the title. There are slots for up to 3 assignments before a new title is issued. This means that there's a paper trail and liability to the dealer when they pass a car through their facility. And a dealer can sell to another dealer who can sell to an end user and it's all legit.
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I agree
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It's a blurry line, if you've been in the pcar game for the last 10 years it's pretty likely you've made a profit on something.
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Not talking ***** either. Just pointing out there are certain members here who are unethical. Honestly, would YOU buy a $30k to $50k Porsche from someone who doesn't have title in his/her own name? Doubtful. There are so many other potential problems . . . . Bad things DO HAPPEN if you deal with title skippers. Stay loyal to the legitimate dealers and avoid all the associated problems. There are plenty of good advertisers here and on other forums.SmileWavy |
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Look at the RSA market, people were paying well into the 6 figures for higher miles drviers, ex track cars etc etc. Same with the 930 market. There was a while that any 930 had a 6 figure price tag. |
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