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Old 08-02-2024, 10:58 AM   #35
whynot
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Join Date: Nov 2005
Posts: 975
Default Re: VFACTS January 2024

Quote:
Originally Posted by jgmdat View Post
Ordered mine 16 months ago, now on the boat on it's way. Was tempted to pay overs for one on Carsales a few times. Helped that I haven't driven one because if I had would probably have payed overs.
Flippers are still asking $4K-$8K above the drive away price for the upper spec Everest models. (Then there are $3K (in QLD) rego transfer fees on top of that.) I hope they get burnt.

I have done the financial maths a few different ways on vehicle flipping, and I just don't see how the risk/reward pays off for the flipper. Sure, I get it happens. But what surprises me is the number of people who engage in the practice. Wouldn't scalping Taylor Swift tickets would be more profitable?
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