Originally posted by maw1124
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The Official Bring A Trailer (BaT) Thread
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Especially when you consider that two months ago this 8k mile example sold for $56,500. Same car, same year, no accidents. That's insanity. I agree, no way the buyer actually coughs up over 300k, talking about losing your ass.3.91 | CMP Subframe & RTAB Bushings | SMG (Relocated & Rebuilt) | ESS Gen 3 Supercharger | Redish | Beisan | GC Coilovers & ARCAs | Imola Interior | RE Rasp | RE Diablo | Storm Motorwerks Paddles | Will ZCPM3 Shift Knob | Apex ARC-8 19x9, 19x9.5 | Sony XAV-AX5000 | BAVSOUND | CSL & 255 SMG Upgrades | Tiag | Vert w/Hardtop
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I mean look at the recent ferrari auction. There is no rationaile for 100-300% increases over market levels on 7 figure cars. There have been studies on cars beating some big indexes over time. These are the ultra rich trying to diversify assets and/or speculate.2006 BMW ///M3 | ZCP Competition Package
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110%. I've been saying this for years about gray market watch dealers but people don't want to believe it as long as they get the watch they want. they don't realize they are contributing to money laundering and it's 99% the case no matter if the seller is legit or the person he bought it from and flipping the watch is legit or not.Originally posted by simon_c View PostThere has to be some money laundering going on on some of these. Collector cars are the new art.
That's why I always buy it at the AD and if I can't have it from them then I just forget about it until a friend to friend private deal comes along (which it never does as no one is that honest and clean nowadays LOL).
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