Re: Check out the FAQs from Ferrari of Denver
From: ken rentiers (rentiersmac.com)
Date: Thu, 5 Apr 2007 22:28:53 -0700 (PDT)
Hell Dennis; if someone can how explain their rights supersede those of the Ferrari dealer, maybe they also can explain to me their "right" to free health care? Folks used to think they had a right to have all their cotton picked free too! Now they just want their hemorrhoids picked free.

"Yas, Massa, Don' whip me no mo', Miz Hillary!"

ken

On Apr 5, 2007, at 9:43 PM, Dennis Liu wrote:

<can't...restrain...myself...>

Tell me, Rob, or Tom.

Why is it "greedy" for a dealer to sell a new Ferrari for whatever people
will pay for it?


Let me ask this question - assume that Ferrari did not announce any prices.
No MSRP.


Instead, Ferrari allowed each dealer to sell their allocations at whatever
the market would bear. Say that each dealer, when it received a car, would
auction it off.


Would that be greedy?

Do you really think that the dealer ought to be obligated to sell their
precious few allocated new Ferraris to any guy off the street, and then that
lucky guy can auction it off and keep the $50k difference? Why should that
$50k NOT go to th dealer? Is it some inherent right of the guy off the
street?


Ah, might you say, did that guy "earn" that right by getting on a list? So,
simply by virtue of waiting a few years, I've *earned* the right to the $50k
profit, instead of the dealer?


Please. Stop the hypocrisy. When we have an asset to sell, whether it's a
car, a house, a guitar, an electric toothbrush, we want to obtain the
maximum price that people will pay. Whether we sell it at auction or not,
if we have multiple parties that want to buy it, we'll sell it to the one
that will pay the most money (and don't kid yourself otherwise).


Tom, if you were selling your house, listed it for $500k, and you woke up
and had five guys lined up outside your door that wanted to buy, do you take
$500k to the guy who happened to be first in line, or do you entertain
offers from all give guys?


So why the heck is that different from the Ferrari dealer?

Vty,

--Dennis

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