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Old 01-26-2012, 07:58 AM   #1
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Jonny, check this out, I was looking at a spyder that carfax had as being owned 3 times. The last two owners had the car 29 days next owner 30 days, sounded dubious. Before I could even find out what the deal is it's sold. Boxsters are totally hot and overpriced right now because of the model year break. I think I might have to wait or give up on buying one the prices are stupid, way over list.
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Old 01-26-2012, 09:00 AM   #2
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Originally Posted by Ghostrider 310 View Post
Jonny, check this out, I was looking at a spyder that carfax had as being owned 3 times. The last two owners had the car 29 days next owner 30 days, sounded dubious. Before I could even find out what the deal is it's sold. Boxsters are totally hot and overpriced right now because of the model year break. I think I might have to wait or give up on buying one the prices are stupid, way over list.
Usually when a car is owned for 30-60 days it means that the owner (private party or a dealer) bought the car with the intention to immediatley re-sell it (flip it) and the next owner likely intended to do the same.

Their business model is basically churning over cars as fast as possible while making ~$500 per car. Move 10 cars a month and you've got a decent business that you can run out of your cousins empty storage lot or warehouse. They won't get rich but it might be better than working a 9-5 digging ditches.
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Last edited by thstone; 01-26-2012 at 09:03 AM.
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Old 01-26-2012, 09:04 AM   #3
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Usually when a car is owned for 30-60 days it means that the owner (private party or a dealer) bought the car with the intention to immediatley re-sell it (flip it) and the next owner likely intended to do the same.

Their business model is basically churning over cars as fast as possible while making ~$500 per car. Move 10 cars a month and you've got a decent business that you can run out of your cousins empty storage lot or warehouse.

Got ya, I have a line on the car I want 2,300 miles. My money doesn't arrive for six weeks. Trying to get a dealer to take a substantial down payment to hold even with a purchase commitment is a tough sell. I might have to just watch the other cars I like sell for six more weeks unless the sales guy I'm talking with can sell his sales manager..
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Old 01-26-2012, 09:09 AM   #4
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Ghost,

The dossier that I have on you indicates, as a teenager you defrauded Columbia House Records for approximately $66.00 . Is this true ?
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