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Old 03-27-2007, 09:24 AM   #1
bmussatti
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Quote:
Originally Posted by SD987
Wheel-rim arbitrage is a tough way to make a living. Drburtons price was a good deal but flipper or no that MPower guy will be waiting a long time to get $4000 USD for 18" 987 S.
But if the guy did buy them from DrBurton, the US dollar is very weak now vs. the Euro!

$1,500 USD is < 1,125 Euro.
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Old 03-27-2007, 09:39 AM   #2
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He's shipping the wheels to the UK?

Hope he gets paid; one local guy who posts on the board was really interested.
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Old 03-27-2007, 09:50 AM   #3
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Not to get too geeky about it, but it's pretty obvious that MPower used yesterday's spot rate of 1.33 because 3000 Euros is almost exactly $4000 dollars. But my comment about the soft market for 18" 987S wasn't based on currency conversion.

1. There's fitment issues for 986 owners
2. Obviously 987 S owners have them or "better"
3. The market is restricted to 05-06 model year base owners as they're not fitted for TPMS, but many of these owners have upgraded rims
4. Track users aren't going to pay $4000 for limited use wheels
4. The market is not only soft but declining. For example, in 2005 Wheel enhancements were selling the rims-only for $2,500 but they're now offered at $1500. Obviously, used tires aren't worth $2500.
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