what is the right course of action here?

[Mike80911]

According to the thread it looks like he is honoring the advertised price so in the end he did what most seem to think was the right thing to do.

[COLB]

After searching the forum, it seems we are talking about maybe $100-150 between ask and market value on those valve covers, to it isn't exactly big money either way.

On the tan car that went for $27k, I remember the thread, but don't think I posted on it. I do recall feeling awkward about the sale. I certainly didn't cheer/high-five the buyer. I don't buy the obligation to adhere to a price in circumstances when one party is clearly exploiting the other.

But I acknowledge there is no bright line here -- the difference between getting a good deal and cheating an uninformed seller is contextual.

Personally, I'm a fan of sales that are fair to both parties -- which is why I would never succeed as a car dealer.

[gtc]

In the case of the valve cover sale, I have to side with the seller.
If the buyer actually had a '66 911 he's trying to correct, i might be sympathetic, but we all know Blackbyrd and that these are probably just going to be flipped to someone else.
Crying over lost flipping opportunity is pretty pathetic IMO. Seen it plenty of times before here, where people claim that trading parts on Pelican is how they make their livelihood.

[Rick Brooklyn]

Originally Posted by CountD

.

Start sending PMS to the legitimate buyer of that Carrera three months ago and to the guy in Utah who put it up $30K under market at least. Am I going to call that buyer a crook and an immoral member of the community? No. And neither would most if they got to that deal first.

Do you draw a line somewhere though?

Let's say there's an old widow who wants to get rid of her late husband's old piece of junk that sits on shot tires and doesn't run and hasn't been started in 30 years. She says she'll give it for free to the first person that takes the damn thing out of her garage. You go take a look and you see it's actually a pretty decent 73rs or other big ticket car of your choice.

Do you just take it? Do you offer her something? How much?

[gtc]

These are back up for sale for $500.
https://www.instagram.com/efrenporsche/

[Macroni]

if it was a mistake, it was a mistake.

I would explain to the buyer. He should not profit from your mistake……. My opinion…..

[shaunmbenson]

Friend of mine sold a targa recently for 15k below market
He isn't internet savvy and I told him I'd help but he just posted for what he thought was fair
When he got 30 calls in 1 minute and sold it sight unseen he chuckled and said "I guess I could've got more'
I don't think he should've reposted the ad at higher price and I don't think the buyers were unethical. Cause he asked and got what he wanted.

[pmax]

Originally Posted by shaunmbenson

Friend of mine sold a targa recently for 15k below market
He isn't internet savvy and I told him I'd help but he just posted for what he thought was fair
When he got 30 calls in 1 minute and sold it sight unseen he chuckled and said "I guess I could've got more'

That wasn't the case here.

The seller was clearly struggling over his mistake which affected his friend who trusted him.

I don't think he should've reposted the ad at higher price and I don't think the buyers were unethical. Cause he asked and got what he wanted.

A gracious buyer would have offered a more equitable (but still below market) price keeping all parties in good spirits and earning some Pelican respect to boot.

[christiandk]

If it is a obvious mistake and the price is waaaay off it is OK to retract the offer to sell. Morally and legally (in DK anyway)

[Matt Monson]

This thread is 4 months old... Of course underpriced parts ended up getting resold by a "flipper". Duh. Not even sure why that warranted bumping the thread.

[nathanbs]

Originally Posted by COLB

I think it depends on the scope of the mistake.

A $100 part that was sold for $50? Take your lumps.

If those valve covers are worth $1000 and you listed them for $50? Especially when acting as an agent for a friend? I don't think it is dishonest to pull them and relist for a more equitable price to both parties. Give first right of refusal to the initial buyer.

If you know you are effectively stealing a part from someone who doesn't know its true value, can you legitimately get your nose out of joint because the seller "reneged" on the "deal" once he realized his mistake after a flood of PMs?

Isn't that the same thing (on a smaller scale) as lowballing the old widow out of her dead husband's speedster in the barn?

This is supposed to be a community, and integrity should run both ways.

If the valve covers are worth a huge amount of money, the first buyer should have alerted the seller, and then offered a more reasonable price. He probably still could have gotten a "deal" versus the true market value -- and everyone would have been happy.

I have made much bigger than $950 mistakes in my life. I agree honor the deal

[Rawknees'Turbo]

I wonder what happened to CountD(racula) - dude hasn't even logged in to Pelican since the end of August?