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Offline M500


  • Joined: Apr 2008

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I came across these guys in Unique Cars magazine purporting to offer a buy back of any of their "hand selected" cars for full purchase price + 18%.

www.supercarsecrets.com.au

Seems a little suspect especially with regards to 360C's comments about the market being at or near it's peak. Their cars seem to be priced a little high but certainly not 18% over.

Anyone dealt with these guys before?



Online Fil-Ski


  • Joined: Feb 2009

  • Drives: 993TT
  • Location: Adelaide
If something sounds too good to be true, it probably is.
My guess is as soon as the bubble burst the guys are out of business.



Offline M500


  • Joined: Apr 2008

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If something sounds too good to be true, it probably is.
My guess is as soon as the bubble burst the guys are out of business.

Exactly my thoughts. LLC company I bet too.



Offline mondi

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I came across these guys in Unique Cars magazine purporting to offer a buy back of any of their "hand selected" cars for full purchase price + 18%.


Hang on, how does that work exactly???



Offline M500


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Hang on, how does that work exactly???

From the UC ad:

"Many major investors around the world are now investing in classic cars, because they are appreciating faster than either property or gold, with certain models returning 18-36% year on year"

Lol, we now have a new breed of investment spruikers



Online Fil-Ski


  • Joined: Feb 2009

  • Drives: 993TT
  • Location: Adelaide
From the UC ad:

"Many major investors around the world are now investing in classic cars, because they are appreciating faster than either property or gold, with certain models returning 18-36% year on year"

Lol, we now have a new breed of investment spruikers

Wow! 360c is right - the market is cooked.






Offline Buster


  • Joined: Feb 2013

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  • Name: Buster
http://supercarsecrets.com.au/

I pissed myself reading that!!!

Quote

One Example in February 2014.

During February 2014 we purchased a 1985 Porsche 944 from near Perth In Western Australia, for $2000, with the freight to Sydney costing $1500 because it does not run, whereas it would have been $940 if the car was running. The car is in the correct colour, and has just 67,000 kms on the clock, and even now is worth $12,000 in Sydney. The car was a " non - runner " when purchased, and is not registered. The engine issues will cost around $880.00 to repair, and the registration will be $1100. The car needs a really good clean, and may need $300 in paintwork, bringing the costs to $5780. There is therefore $6000 profit in the car today, discounting labour, of which there is not much, and that profit will increase in 2015 if we keep it for 12 months.

If you are interested in getting involved, we would suggest that you attend one of our Seminars on the subject prior to commencement, as there is a great deal to know when investing in Classic Cars, just as with every industry. To enrol for your Seminar :




Online Fil-Ski


  • Joined: Feb 2009

  • Drives: 993TT
  • Location: Adelaide
I pissed myself reading that!!!
Look at the 'classic cars for sale' of you want a huge laugh



Offline Buster


  • Joined: Feb 2013

  • Drives: PeePee's Butt
  • Location: PeePee's Butt
  • Name: Buster
Look at the 'classic cars for sale' of you want a huge laugh

 :eek:


I want some of the drugs they are on!!! 



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