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-   -   Price Drops Here there and Everywhere...It Has Begun in Earnest (http://forums.pelicanparts.com/showthread.php?t=1044746)

Matt Monson 12-03-2019 05:55 AM

http://forums.pelicanparts.com/uploa...1575384916.jpg

High Hope 12-03-2019 06:36 AM

Quote:

Originally Posted by pmax (Post 10676593)

I've had good luck with some venues. On eBay I bought a one year old, 4,000m BMW 328x at a 35% discount from new. Flew into Ohio, did the deal exactly as agreed upon, and drove home to RI.

Bought two 356s at auction at Monterey Car Week, the first was good timing when I landed a sweet B before the Porsche market really exploded. I auctioned it the next year, same venue, and netted almost $10k, which I put towards a C. The C is gone, four years later I sold it on Hemmings website, not their auction. Up a bit but basically broke even.

A few years later my auction experience wasn't as good:
https://advrider.com/f/threads/classic-car-auctions-bidder-beware-a-tale-of-a-lesson-learned.1278337/

I sold a Fiat 124 spider on BaT, and that went smooth as can be. And, I recently bought an '80 911 Targa on BaT, which also went as planned. So, I don't have any beef with some of these venues. But, Buyer Beware.

juanbenae 12-03-2019 07:26 AM

high hope def got the boldened font memo.

Cobalt 12-03-2019 07:36 AM

Quote:

Originally Posted by sugarwood (Post 10676667)
The other issue is that in any marketplace there will be good and bad examples. Some people are convinced BAT is a conspiracy that covers up flaws in cars by censoring the comments section. I no longer view BAT auctions and delete the emails, so I can't comment on that.

But, the haters are convinced that all cars on BAT are frauds, all prices paid on BAT are 50% above market price, and that Ebay is crap, CL is crap, and the only way to buy a used car is to troll PCA mags/events or one buy off Pelican forums (Yea, because people have reasonable asking prices at PCA events, LMAO) It is some form of old age paranoia and suspicion that is deep rooted in all aspects of life.

Funny you say that. I found you to be one of the biggest rah rahs on BaT for a long time. Pushing junk cars as cars of value. I have looked over nearly 50 cars sold on BaT in person many 964's but many other marques as well. For some reason many of them end up around me. Of all the cars I would say less than 5 were as advertised and were worth spending money on. Even the best were so so and the sellers obviously stretched to say the least the truth. We can go back to the turd widebody conversion with decals you raved so much about. That car would have been worth something if it was left alone. Instead the more money than brains club purchased it for double its value I can only assume to make a point. There is no way that car will ever fetch close to what it sold for.

I know the sister of the red Japanese import that pmax linked to on BaT sold by the same seller who has rave reviews by the BaT clan. The car was completely misrepresented. The 1 mil paint reading was actually 11 when I checked the car out and it had some seriously bad and quite obvious to the unknowing, paintwork. The owner is into the car for nearly $30k over what he paid for it and it still needs work. I can go down the list of a number of these and some were so bad that even $50k of money thrown at it still makes it a car that even Singer would pass on and yes BaT did cleanse some of the comments that should have remained. I can't imagine the advice you give to lurkers who haven't a clue I wouldn't trust what you have to say. You have on many occasions proven you don't have a clue.

I know a lot of private sellers and dealers and if you think what is paid for on BaT is too much you may be right although the cars I see sold privately with 0-little needs are selling for considerably more than anything on BaT. The difference is they spend $80-100k on an average mile 964 C2 coupe and have a later MY car that is in like new condition with little to no expense needed to fix up the crap people are not disclosing on BaT and other platforms.

So you can call me a hater I just call it the facts and yours IMO are skewed considerably.

High Hope 12-03-2019 07:42 AM

Quote:

Originally Posted by juanbenae (Post 10676834)
high hope def got the boldened font memo.

;) I figured that no one would be interested in such a long post. So, I highlighted the venues that might be on interest, maybe one or two will read the whole thing.

juanbenae 12-03-2019 08:42 AM

kinda an inside joke around these parts regarding ponyboy911sc/mr. miagi/tony of CIS guru fame and his "drive the point home" use of the bold font...

High Hope 12-03-2019 08:52 AM

Quote:

Originally Posted by juanbenae (Post 10676912)
kinda an inside joke around these parts regarding ponyboy911sc/mr. miagi/tony of CIS guru fame and his "drive the point home" use of the bold font...

ok, now i get it. I''m having a Bubba Burger.With onions, lots of onions. Hence, my grammar may be unusual.

Mocker 12-03-2019 09:24 AM

Quote:

Originally Posted by sugarwood (Post 10676667)
But, the haters are convinced that all cars on BAT are frauds, all prices paid on BAT are 50% above market price, and that Ebay is crap, CL is crap, and the only way to buy a used car is to troll PCA mags/events or one buy off Pelican forums...

A veritable army of straw men. You're not very good at this, are you?

NYNick 12-03-2019 03:52 PM

Quote:

Originally Posted by Cobalt (Post 10676846)
Funny you say that. I found you to be one of the biggest rah rahs on BaT for a long time. Pushing junk cars as cars of value. I have looked over nearly 50 cars sold on BaT in person many 964's but many other marques as well. For some reason many of them end up around me. Of all the cars I would say less than 5 were as advertised and were worth spending money on. Even the best were so so and the sellers obviously stretched to say the least the truth. We can go back to the turd widebody conversion with decals you raved so much about. That car would have been worth something if it was left alone. Instead the more money than brains club purchased it for double its value I can only assume to make a point. There is no way that car will ever fetch close to what it sold for.

I know the sister of the red Japanese import that pmax linked to on BaT sold by the same seller who has rave reviews by the BaT clan. The car was completely misrepresented. The 1 mil paint reading was actually 11 when I checked the car out and it had some seriously bad and quite obvious to the unknowing, paintwork. The owner is into the car for nearly $30k over what he paid for it and it still needs work. I can go down the list of a number of these and some were so bad that even $50k of money thrown at it still makes it a car that even Singer would pass on and yes BaT did cleanse some of the comments that should have remained. I can't imagine the advice you give to lurkers who haven't a clue I wouldn't trust what you have to say. You have on many occasions proven you don't have a clue.

I know a lot of private sellers and dealers and if you think what is paid for on BaT is too much you may be right although the cars I see sold privately with 0-little needs are selling for considerably more than anything on BaT. The difference is they spend $80-100k on an average mile 964 C2 coupe and have a later MY car that is in like new condition with little to no expense needed to fix up the crap people are not disclosing on BaT and other platforms.

So you can call me a hater I just call it the facts and yours IMO are skewed considerably.

Anthony,

His repeated contrarian rants and contradictions along with his abnormal hatred of everyone over the age of his own, spells troll. He thrives on controversy while being wholly ignorant.

It's difficult to understand. Ever emphatic on a subject he's ignorant.

Rawknees'Turbo 12-03-2019 04:39 PM

Quote:

Originally Posted by juanbenae (Post 10676912)
kinda an inside joke around these parts regarding ponyboy911sc/mr. miagi/tony of CIS guru fame and his "drive the point home" use of the bold font...

Such as, you are a provocateur and a trouble maker! :D

pmax 12-03-2019 04:53 PM

Quote:

Originally Posted by Rawknees'Turbo (Post 10677472)
Such as, you are a provocateur and a trouble maker! :D

The good ole' times !

specialtyoneinc 12-03-2019 08:01 PM

Quote:

Originally Posted by Cobalt (Post 10676846)
Funny you say that. I found you to be one of the biggest rah rahs on BaT for a long time. Pushing junk cars as cars of value. I have looked over nearly 50 cars sold on BaT in person many 964's but many other marques as well. For some reason many of them end up around me. Of all the cars I would say less than 5 were as advertised and were worth spending money on. Even the best were so so and the sellers obviously stretched to say the least the truth. We can go back to the turd widebody conversion with decals you raved so much about. That car would have been worth something if it was left alone. Instead the more money than brains club purchased it for double its value I can only assume to make a point. There is no way that car will ever fetch close to what it sold for.

I know the sister of the red Japanese import that pmax linked to on BaT sold by the same seller who has rave reviews by the BaT clan. The car was completely misrepresented. The 1 mil paint reading was actually 11 when I checked the car out and it had some seriously bad and quite obvious to the unknowing, paintwork. The owner is into the car for nearly $30k over what he paid for it and it still needs work. I can go down the list of a number of these and some were so bad that even $50k of money thrown at it still makes it a car that even Singer would pass on and yes BaT did cleanse some of the comments that should have remained. I can't imagine the advice you give to lurkers who haven't a clue I wouldn't trust what you have to say. You have on many occasions proven you don't have a clue.

I know a lot of private sellers and dealers and if you think what is paid for on BaT is too much you may be right although the cars I see sold privately with 0-little needs are selling for considerably more than anything on BaT. The difference is they spend $80-100k on an average mile 964 C2 coupe and have a later MY car that is in like new condition with little to no expense needed to fix up the crap people are not disclosing on BaT and other platforms.

So you can call me a hater I just call it the facts and yours IMO are skewed considerably.

Seems like they mentioned paint flaws in the text and showed the paint meter readings on this car (shows 10 not 1). I was surprised this car sold for so much, but then again allot of people have bought into the 964 hype recently and look past possible issues even if there clear warning signs.

The presentations on all the cars that importer/seller posts on BAT are no bueno. Putting a car on a lift, taking professional photos and detailing a car isn't that tough/costly. But then again I guess the seller doesn't need to do these things after scrolling through his past auctions prices.

https://bringatrailer.com/member/simsimma/

pmax 12-03-2019 10:00 PM

Quote:

Originally Posted by specialtyoneinc (Post 10671610)

He will given the garage queen driver.

Cobalt 12-04-2019 07:56 AM

Quote:

Originally Posted by specialtyoneinc (Post 10677635)
Seems like they mentioned paint flaws in the text and showed the paint meter readings on this car (shows 10 not 1). I was surprised this car sold for so much, but then again allot of people have bought into the 964 hype recently and look past possible issues even if there clear warning signs.

The presentations on all the cars that importer/seller posts on BAT are no bueno. Putting a car on a lift, taking professional photos and detailing a car isn't that tough/costly. But then again I guess the seller doesn't need to do these things after scrolling through his past auctions prices.

https://bringatrailer.com/member/simsimma/

The white car front left fender they show readings of 1 mil when it was actually 11mils and went up from there. It wasn't a bad car for the money and a slick top but he will be into the car for $80k if not more when he is done.

The issue with the 964 is so few clean coupes exist. With only 5106 C2/C4, manual/Tip coupes imported to the US (minus the RSA) with thousands of them parted out, crashed and or just really bad cars it leaves very few worth buying. All those that have a nice one aren't interested in selling. If they are they will only let them go for top dollar. Although the fools who bought as an investment are starting to run scared since they bought in at the height of the market so who knows.

The sad part is the cars sold by simsimma are some of the nicer ones I have seen. There were a few sold by others that made these look like great buys and had so many issues that BaT kept deleting posts about it was on the verge of criminal.

I do apologize for the rant about LimpSuga. I really wish I had the chance to go on the drive this past weekend and meet the tool face to face. In over 40 years of being around these cars he is clearly the most clueless owner I have encountered. Seems he has an endless repertwahr of pointless comments each out doing the last.

juanbenae 12-04-2019 08:00 AM

Quote:

Originally Posted by Rawknees'Turbo (Post 10677472)
Such as, you are a provocateur and a trouble maker! :D

Quote:

Originally Posted by pmax (Post 10677495)
The good ole' times !

not as bored up here as I was at the end of my bay area life so giving miagi the business is much further down on my list of things to do...

sugarwood 12-04-2019 03:45 PM

Quote:

Originally Posted by Cobalt (Post 10676846)
We can go back to the turd widebody conversion with decals you raved so much about. That car would have been worth something if it was left alone. Instead the more money than brains club purchased it for double its value I can only assume to make a point. There is no way that car will ever fetch close to what it sold for.
.

The car had $55k in documented service, not including widebody, wheels, new paint, and tires.
People were harping on a fog light lens and stickers. What a joke.

Alan A 12-04-2019 05:22 PM

Quote:

Originally Posted by sugarwood (Post 10678527)
The car had $55k in documented service, not including widebody, wheels, new paint, and tires.
People were harping on a fog light lens and stickers. What a joke.

Just because someone paid $55k to service a car doesn’t mean that adds $55k to the value, and if I stick new tires on my car I won’t get $2k more for it if I decide to sell it.

pmax 12-04-2019 07:05 PM

Quote:

Originally Posted by Cobalt
We can go back to the turd widebody conversion with decals you raved so much about. That car would have been worth something if it was left alone. Instead the more money than brains club purchased it for double its value I can only assume to make a point. There is no way that car will ever fetch close to what it sold for.
Link ?

Didn't realize Suga was part of the BAT crowd.

Macroni 12-05-2019 03:10 AM

Quote:

Originally Posted by Alan A (Post 10678650)
Just because someone paid $55k to service a car doesn’t mean that adds $55k to the value, and if I stick new tires on my car I won’t get $2k more for it if I decide to sell it.

Yes, but equally sometimes it does in fact mean you have added that in value and many multiples of it. Think of markets moving upward. Example: 2006, a buddy bought a track rat 1973RS out of Japan. All in after restoration $120,000. Sold for $360,000. Car sold again @ auction for $990,000. Today, it might be worth $750,000 to $800,000. Market rewarding restoration and servicing.

More to your point; I have $60,000 in my Carrera. In the current market that does not make it worth $60,000. Nonetheless, Some buyers are very aware of the ultimate cost of condition. If they wanted a Carrera with my upgrades they would be willing to pay $60,000 because they would understand and appreciate the expense of the modifications.

Your tires would fit that category in my mind. If you have new tires it is something the buyer would have to value as a premium over a similar car in need of tire replacement.

Cobalt 12-05-2019 04:49 AM

Quote:

Originally Posted by sugarwood (Post 10678527)
The car had $55k in documented service, not including widebody, wheels, new paint, and tires.
People were harping on a fog light lens and stickers. What a joke.

The BS about the lights I agree with it was your comments about body filler and other aspects of the car that showed your ignorance.

The car was a hack job. I can spot this crap a mile away. The old school lap welded fenders were covered by decals most likely due to the shrinking filler that is already apparent on other parts of the car. Yet you insisted a car can have fenders welded. Body filler applied, painted and have decals applied in a 2 week period which any amateur knows that is BS. Try removing those decals and either the paint will peal off or the paint underneath is hazy. Paint and filler needs time to cure. It was already apparent in this photo.

http://forums.pelicanparts.com/uploa...1575552980.jpg

The car had 174k miles with an early ringless replacement engine with unknown miles and no TSB addressed. The fuel lines were crimped improperly the car had 20 items or so noted by the PPI including oil leaks and IMO mediocre leak down and compression numbers. Two pot rear calipers painted red with BBS wheels and KW suspension. If you have wholesale access are not all that expensive. An interior an 8th grader can do with a roll bar that would probably hurt more than help. Bed liner spray used for the interior. 4 point harnesses and so much more wrong with the car.

Face it you and the others bought into the hype of fancy photos and flashy decals. All Poser stuff. Irrespective of how many things i can point out about the car that was rushed and done poorly it was driven hard and put away wet being sold as something it wasn't.

If you want to learn a thing or two I would be happy to help you out. Maybe it is the only way to get you from talking out your Arse. I am in North Jersey and work on these cars all the time from engine building to body restoration, suspension and more.

If this was remotely worth more than $60k it was a lot. At $90k all in that should make my build worth $200k or more and I know that I would be smoking crack to say I could get close to that despite the twin turbo 993 engine and short geared 6 speed box along with a plethora of truly expensive and top of the line parts. Although If someone wants to pay that much I will add whatever decals they want for free.


http://forums.pelicanparts.com/uploa...1575553332.JPG

911heaven 12-05-2019 05:31 AM

Quote:

Originally Posted by pmax (Post 10678767)
Link ?

Didn't realize Suga was part of the BAT crowd.

I have never been on BAT, so I only know what I've read from you'ze guys that are! I guess that makes me a Dumb BAT. I wouldn't say I were a Ding BAT though! The more I read of Y'all's BAT expertise, the more learned I become. If I keep on reading I think one day I'll have a B.A. in BAT. That will save me a lot of time as well not having to engage BAT. I'm thankful for that, for I don't have such time to spare. To be a genuine BATMAN though, I will need an M.A. I have no hope of that, for I don't currently have good computer to engage or do any comBAT. For now I just want to read and see what's on deck and what's at bat through all of you!

Just a little BAT humor....

bernie

trader220 12-05-2019 06:50 AM

The spray on bed liner as an interior was what made me laugh the most. Totally hysterical. $95k LOL

pmax 12-05-2019 09:26 AM

Quote:

Originally Posted by 911heaven (Post 10679037)
Just a little BAT humor....

bernie

The series started here...

http://forums.pelicanparts.com/porsche-marketplace-discussion/1021444-1990-martini-carrera-bat-3.html

BLACK3.2 12-05-2019 09:52 AM

Quote:

Originally Posted by Cobalt (Post 10676846)
We can go back to the turd widebody conversion with decals you raved so much about. That car would have been worth something if it was left alone. Instead the more money than brains club purchased it for double its value I can only assume to make a point. There is no way that car will ever fetch close to what it sold for.

You guys may be interested to know that car was purchased by a restaurateur in the midwest as a display piece in one of his venues. I would say it wound up exactly where it needed to be.

specialtyoneinc 12-05-2019 12:04 PM

Quote:

Originally Posted by Cobalt (Post 10677999)
The white car front left fender they show readings of 1 mil when it was actually 11mils and went up from there. It wasn't a bad car for the money and a slick top but he will be into the car for $80k if not more when he is done.

The issue with the 964 is so few clean coupes exist. With only 5106 C2/C4, manual/Tip coupes imported to the US (minus the RSA) with thousands of them parted out, crashed and or just really bad cars it leaves very few worth buying. All those that have a nice one aren't interested in selling. If they are they will only let them go for top dollar. Although the fools who bought as an investment are starting to run scared since they bought in at the height of the market so who knows.

The sad part is the cars sold by simsimma are some of the nicer ones I have seen. There were a few sold by others that made these look like great buys and had so many issues that BaT kept deleting posts about it was on the verge of criminal.

I do apologize for the rant about LimpSuga. I really wish I had the chance to go on the drive this past weekend and meet the tool face to face. In over 40 years of being around these cars he is clearly the most clueless owner I have encountered. Seems he has an endless repertwahr of pointless comments each out doing the last.

I thought we were talking about this car regarding the paint meter.

https://bringatrailer.com/listing/1992-porsche-carrera-2-13/

sugarwood 12-05-2019 01:07 PM

Quote:

Originally Posted by BLACK3.2 (Post 10679343)
You guys may be interested to know that car was purchased by a restaurateur in the midwest as a display piece in one of his venues. I would say it wound up exactly where it needed to be.

Exactly.
Most people have no clue how "markets" work. People like this get crushed in the stock market because the Mr Market is "wrong". LOL, the market is NEVER wrong.
People often have no clue what drives prices beyond their own tunnel vision, so when they see a different pricing matrix, they have a mental breakdown. LOL.
Add stickers and sell your car for $50k more. It's so easy right? Why isn't everyone doing it? So easy! Don't you like money?
Money for nothing, chicks for free. Shoulda learned to play them drums!
The car sold for $86k. There was another bidder at $85k.
So, the car is worth $85k all day long, no matter anyone's opinion on what they think value means.
Market is what people are willing to pay, period.

People freaking about 3 warning lights (washer tank, seat belt, rear spoiler light)
UV bake ovens dry cars in 20 mins. Hardeners in paint cure time is days.
I never said it's a perfect car or that I would ever buy it.
I just said buyers may find value in $55k of receipts. (And they did)

sugarwood 12-05-2019 01:09 PM

Quote:

Originally Posted by trader220 (Post 10679135)
The spray on bed liner as an interior was what made me laugh the most. Totally hysterical. $95k LOL

LOL, I absolutely loved the bedliner.
So bad ass, no Fuchs given.

Ever been in a gutted track car? Yea, no carpets.
I love bare bones gutter zero frills interiors.

Bedliner, FTW. Balls out move that paid off yuuuugely that accented the car brilliantly
Such a refreshing departure from the wine & caviar CocoMat diaper treatment.

In other news, Picasso paintings are only worth $15 in canvas and $4 in paint.
Get you some stickers and bedliner !!

pmax 12-05-2019 01:10 PM

Quote:

Originally Posted by BLACK3.2 (Post 10679343)
You guys may be interested to know that car was purchased by a restaurateur in the midwest as a display piece in one of his venues. I would say it wound up exactly where it needed to be.

Might as well be a Delorean !

NYNick 12-05-2019 02:53 PM

Quote:

Originally Posted by sugarwood (Post 10679559)
LOL, I absolutely loved the bedliner.
So bad ass, no Fuchs given.

Ever been in a gutted track car? Yea, no carpets.
I love bare bones gutter zero frills interiors.

Bedliner, FTW. Balls out move that paid off yuuuugely that accented the car brilliantly
Such a refreshing departure from the wine & caviar CocoMat diaper treatment.

In other news, Picasso paintings are only worth $15 in canvas and $4 in paint.
Get you some stickers and bedliner !!

You're such an idiot. Do you think anybody actually listens to your ludicrous "insight".
Trip trap, trip trap.
Don't you get sick of people traveling over your bridge?

wayner 12-05-2019 02:53 PM

I put stickers on mine so purists would leave me alone

When I have it out they don’t even come over and look at it. It repels them
It’s great!

stealthn 12-05-2019 03:33 PM

Yes, the shark has been jumped...

sugarwood 12-05-2019 03:52 PM

Quote:

Originally Posted by wayner (Post 10679632)
I put stickers on mine so purists would leave me alone

When I have it out they don’t even come over and look at it. It repels them
It’s great!

Let's see some photos!

stealthn 12-05-2019 04:07 PM

To think, I sold my well setup 79 SC for $17k, I should have bought some stickers ;(

trader220 12-05-2019 04:25 PM

Quote:

Originally Posted by sugarwood (Post 10679553)
Exactly.
Most people have no clue how "markets" work. People like this get crushed in the stock market because the Mr Market is "wrong". LOL, the market is NEVER wrong.
People often have no clue what drives prices beyond their own tunnel vision, so when they see a different pricing matrix, they have a mental breakdown.

Wow can you teach me about the markets?

Rawknees'Turbo 12-05-2019 04:28 PM

Quote:

Originally Posted by sugarwood (Post 10679559)
. . .
Ever been in a gutted track car? Yea, no carpets.
I love bare bones gutter zero frills interiors.

. . .

I think that is why I only like all black interiors - gives the impression of no frills, even if some frills are there (like super power a/c, etc.).

pmax 12-05-2019 04:43 PM

Quote:

Originally Posted by stealthn (Post 10679680)
Yes, the shark has been jumped...

Bump.

Macroni 12-05-2019 05:06 PM

give em hell Sugar!

Rawknees'Turbo 12-05-2019 06:10 PM

Bumpasaurous!!!

matt930s 12-05-2019 06:15 PM

Stop bumping this stupid ****ing chicken little thread!

matt930s 12-05-2019 06:16 PM

Seriously!


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