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Prices not making any sense...all over the board..

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Old Nov 6, 2010 | 12:55 PM
  #46  
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Originally Posted by Airrik
Ah, so if we get rid of the supply our price in the market will shoot straight up on 996's right,(let's ship them overseas) just kidding lol like that is ever going to happen still I wish..

As for the market... how is it doing in other countries (outside the US) right now as far as supply is concerned are there more 996's in Dubai than let's say Finland or Ireland? What country has the highest demand for these? I am curious, I'm betting they are paying a huge premium because of low supply.
You can't compare overseas prices to USA prices...for example in Egypt where i'm from there is almost a 200% tax on the ORIGINAL STICKER price of the car..yes..rediculous..but hey people still buy them there!

in the end the MARKET is what determines the price "guideline" if your over then your out of the market.
 
Old Nov 7, 2010 | 11:51 AM
  #47  
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Not even close

Originally Posted by Airrik
Ah, so if we get rid of the supply our price in the market will shoot straight up on 996's right,(let's ship them overseas) just kidding lol like that is ever going to happen still I wish..

As for the market... how is it doing in other countries (outside the US) right now as far as supply is concerned are there more 996's in Dubai than let's say Finland or Ireland? What country has the highest demand for these? I am curious, I'm betting they are paying a huge premium because of low supply.
Prices in Norway for vehicles are absolutely ridiculous. Like in Egypt, taxes here are huge. Check out the link below and feel lucky that (most of you) live in the US (I bought my 911 in the US and that's where it is although I live in Norway). For instance, the first car listed is a '99 model with 118,000 km and it costs NOK 484,000, which is roughly USD 84,000. Just think what you could get in the US with that much money. A 2009 model is listed for roughly USD 225,000!

Prior to moving here I had a BMW 525 that I considered bringing to Norway. Well, import tax was 105% of the ORIGINAL price. That plus shipping.

The link:
http://www.finn.no/finn/car/used/res...CAR_MODEL=1301
 
Old Nov 7, 2010 | 05:34 PM
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Thanks for answering my question much appreciated.

Wow! That is simply highway robbery! I feel grateful then that I live in the U.S.
Hypothetically, I see a potential business here purchasing 911's here in the U.S.A. then sell to buyers overseas to Egypt, Norway and other countries for a bigger profit. You should still come up on top even with import fees. Just an idea.
 
Old Nov 7, 2010 | 05:43 PM
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Originally Posted by Airrik
Thanks for answering my question much appreciated.

Wow! That is simply highway robbery! I feel grateful then that I live in the U.S.
Hypothetically, I see a potential business here purchasing 911's here in the U.S.A. then sell to buyers overseas to Egypt, Norway and other countries for a bigger profit. You should still come up on top even with import fees. Just an idea.
Great idea, but not as simple, for example in Egypt car can't be older than 4 Years old or it cant even be imported..there are TONS of regulations that make it super complicated, the people that import cars are usually CONNECTED to the Govt, ect...paying bribes & all kinds of stuff...
 
Old Nov 11, 2010 | 09:36 AM
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Great posts folks--helpful, informative and even funny. The simple truth is that my car is only worth what a buyer is willing to pay for it on the day I want to sell it. I bought a Cayenne Turbo for a very good price two years ago because I had cash and the buyer needed cash. His car was worth $7-10k more than I paid according to KBB and Porsche. But the real value of his car was what I, the buyer, was willing to pay when he needed to sell it. Period. That is the way it works. Those who keep their cars listed for six months while waiting for a buyer either don't really want to sell their cars that badly (which I understand--and I've been that guy) or they don't understand the time value of money. My car is worth less in six months than it is today. And any $$ i have today are inherently worth more to me than any $$ I may get tomorrow because I have use of those $$ today. So hold on to your cars as long as you like--but the buyer always sets the market. BTW--I'm looking for a clean, serviced C4 at a good price...
 
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