This is not a pyramid scheme.
Note that each dealer in your hypothetical would be taking real risk. He's buying a car at a premium and he has no idea whether he can recover that cost, let alone an additional premium.
Sounds like this guy, if the story is true (and they are often missing key...
Meanwhile they just announced the Ranger Raptor. And I can't even get my dealer, from whom I just bought a First Edition, to return a phone call or talk to me in any fashion about a Bronco Raptor.
How long are they going to keep pumping out vaporware models?
Congrats and enjoy it. And do sell it before the factory warranty runs out, because that's when things can start to get um, unpleasant, with a Land Rover.
It is inconceivable that using high octane gasoline could actually be harmful to the engine. So this may have been economic advice (it is probably the case that using 93 over 91 won't be all that noticeable on this vehicle given how its tuned out of the factory), or he might be a misguided...
That may or may not be the reality, but it's not relevant here as the post I was responding to was positing wrapping up a First Edition in plastic and keeping it without using it for 30 years. If that wasn't intended to be an investment, then what was it?
Of course wealthy people don't think...
This is actually a very well done and thorough article. Its actually worth paying for. I learned something from it: While the lockdowns and supply chain issues may be contributed to the problems, Ford (corporate) really did screw up and, worse than screwing up, probably broke faith with its most...
Since this question cannot be answered accurately without discussing the intervention of government entities in markets, and that intervention's impact on the supply/demand equilibrium that dictates clearing prices and other important allocative attributes of markets, I recommend that the mods...
It's a bit of a Frankenstein monster isn't it? The Bronco design was just so nice and coherent and harmonious. This looks like a bunch of parts glued on. The fender flares... no! Still, will probably buy one.
interesting perspective. it would be a tad more compelling if the OP wasn't over in another forum bragging about how to make internet posts that distort actual pricing data, or advising people to pass bad checks.
What is your basis for that statement?
The wealthy who are smart - which is most of them - use whatever method advantages them the most in the particular case in front of them. They do homework.
In some cases, leverage is a smart alternative because either (1) your use of leverage is being...
Cash, only because after analyzing the alternatives it is always the cheapest way to buy (at least in my experience). Cash is a particularly cheap way to buy now where its value is being eroded by high inflation and bond/deposit rates have not caught up.
Its also a good affordability barometer...
don't think you can go wrong with either one. i'm just jealous that you can walk into a retailer and find something you actually want. nothing i ever want is ever available like that. its weeks or months of hunting waiting and waiting and waiting. if ADs ever do get one in, its always gone...