Limited mintages and flipping problem for Porsche

Discussion in 'General Precious Metals Discussion' started by bron.suchecki, Mar 18, 2016.

  1. bron.suchecki

    bron.suchecki Well-Known Member

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    So limited mintages, who gets allocations, flipping/profiteering not just a coin problem, Porsche also has the same problem: http://ftalphaville.ft.com/2016/03/18/2156706/the-porsche-911-r-pump-and-flip/

    How it works is you put your name down on the waiting list for a much hyped-up rare edition, wait for delivery, load it onto a truck (to keep the mileage down) and resell it immediately to someone who was too late to get their name on the priority list, or who simply didn't have the connections. ... But the real question is why should Porsche feel inclined to leave money on the table? If demand is outstripping supply market logic dictates: raise the price. Porsche says "it is not our policy to profiteer when there is an excess demand or limited supply."
     
  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    There's a couple of things you need to keep in mind with Porsche limited edition RSK's & alike
    They don't make $ from selling their race cars :eek:
    They need to sell 500 units of each model before they can be raced in their category ;)
    BUT
    Most numpties who actually buy them "Don't care ( or understand ) what they are buying & just want to buy a race car :rolleyes:
    Those race cars are a pig on the road for an everyday ride
    Once the girlfriend/wife gets in :eek:
    They get sold real quick ;)
    No AC ,pwr windows & such luxury items
     

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