Message:

<p>[QUOTE=&quot;rld14, post: 467254, member: 16133&quot;]I didn&#039;t go to business school, I didn&#039;t even finish college, but I do own a business that does quite well.&nbsp; I am a car dealer.&nbsp; However, you will need to forgive me, my judgment must be clouded from buying and selling 50+ used cars per month on a wholesale level, at an average sales price of $30k.&nbsp; It&#039;s similar to coins in that the publicly available price guides are rarely an accurate guide of actual market activity.</p><p><br /></p><p>I buy cars as low as possible and sell them for as much as possible.&nbsp; When I say possible I mean as much as possible within market conditions.&nbsp; I have one car that I picked up that I am being greedy with, a 1994 Mercedes E320 Cabriolet with 22k miles.&nbsp; Black/Black 1 owner perfect.&nbsp; In car terms, that&#039;s an MS67 Red 1909 SVDB.</p><p><br /></p><p>However, the marketplace is competitive, and if I asked for full book retail I would die with my inventory, likewise if I offered thousands under actual wholesale I would never buy any cars.</p><p><br /></p><p>Does this mean that I offer my inventory for below market?&nbsp; No, because that would be stupid.&nbsp; Does this mean that I pay over the odds for stock?&nbsp; No, because that would also be stupid.</p><p><br /></p><p>Are there dealers out there who don&#039;t disclose previous damage, bad title history, mileage discrepancies and the like?&nbsp; Of course.&nbsp; Are there coin dealers who misrepresent coins and act unethically?&nbsp; Of course.&nbsp; Does this mean that everyone in the business is unethical?&nbsp; I don&#039;t think so by a long shot and I certainly would not paint every coin dealer out there with the same brush, it would be far from accurate I seem to think.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in