Mark up Madness

Discussion in 'General Chat' started by Dah_Hunter, Dec 15, 2018.

  1. Dah_Hunter

    Dah_Hunter Looking over your shoulder, so you dont have to.

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    On Valley Auto Sales (Facebook group for selling cars)
    There is basically only one importer that people recommend.
    anyways, he has now partnered up with the Creator of the group (Who works at a dealership)
    Which is fine, however the first car they are selling.
    a Hilux Surf which sold recently for 469,000Yen
    upload_2018-12-15_14-20-16.png



    They are asking:
    $21,850 roughly 10k Markup.


    upload_2018-12-15_14-19-16.png




    Im all for people making money and stuff but i dont like people valuing vehicles at a level thats Madness.
     
  2. Megatol

    Megatol Mr. Toyota

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    I don't think this is realistic price. Maybe if it was a diesel HiLux with 1KZ engine in similar condition fair price would probably around $15K.

    I'm fine if people will put any price on their vehicles, even $100K for this HiLux :o, but this is free market which will dictate real price which customers are ready to pay.

    I sold my Prado and Land Cruiser 1-3 years ago in the range $10-13K and these were bigger vehicles, more comfortable with more features (i.e. more expensive) but with similar off-road capabilities.
    I couldn't tell I had lineup of customers while asking 10-13K, so I don't think he will be able to sell in this price.
     
  3. IanB

    IanB New Member

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    A gasser Surf will never sell for that kind of money anyways, but that is pretty greasy.
     
  4. Pajerist

    Pajerist New Member

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    Exactly what I thought, it is even not a diesel!
     
  5. Prostrho

    Prostrho New Member

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    Its been like this for a while for some private importers.

    People asking crazy money for cars from mass exporters and marking up 5-6k.

    At least this guy is able to provide financing, BUT it will probably end up being a gongshow in the end for the finance company.

    They're listing 500k yen drift missile cars for 17-18k. Kids think they can afford those monthly payments and after a year or 2, the car gets destroyed and they're still on a hook for the 3 years left of financing

    A true typical scumbag type shady car dealer finance deals. Just get the product out the door and make it in a monthly payment that the customer can afford.

    Maybe we can find some cheap drift missile parts car in the future on repo.com. maybe that's the good thing that could come out of this.
     
  6. trev

    trev New Member

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    People must like wasting money .. I put up a JDM when I'm done with it for next to nothing and get zero calls.

    Maybe I should just ask stupid money.
     
  7. RyanV

    RyanV Member

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    IanB likes this.
  8. Greg

    Greg Local Grumpy Moderator

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    I love that they advertise a CarProof on a freshly imported car...
     
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  9. IanB

    IanB New Member

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    I've never been so happy to get a car sold as I was when that E55 went! I believe it was late October/early November, it was DAYS before I'd have had to put the winter tires on it and pounded it through the salt of another winter, there would have been nothing left of it by spring, lol. It was a real "hot potato" due to the rust that had started!
     
  10. RyanV

    RyanV Member

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    I was surprised to see a bit of rust was starting on the one I had as well. I think it was either at the top or the bottom of the rear doors. When I saw it I looked it up and it was a pretty common location to see rust starting on those cars.
     
  11. IanB

    IanB New Member

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    Ya, those 210's were of the era when they switched from laquer to water based paints, and they were notorious for rust issues.
     
  12. tperkins

    tperkins Devout AYC Disciple

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    To be fair, I was just trying to import a Hilux gasser for 10-13k prior getting the Pajero and lost 4 bids trying to do so. Some of them as high kms as 160,000 and still lost.

    Agree with this, the mark up on this seems silly, but again the last gasser Hilux I bid on would have been close to 13k to Edmonton, grade 3.5 with 160,000 and I lost.
     
  13. IanB

    IanB New Member

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    That's insane money for a RHD 4Runner!
     
  14. tperkins

    tperkins Devout AYC Disciple

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    Going into it I figured I would be able to get one to Edmonton for under 10 pretty easy.
     
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  15. tperkins

    tperkins Devout AYC Disciple

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    [​IMG]
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    This sold for 488,000 yen. which I kind of feel is a bargain haha.

    [​IMG]
    [​IMG]
    Sold for 505,000 yen.

    [​IMG]
    [​IMG]
    Sold for 470,000 yen.

    [​IMG]
    [​IMG]
    Even this 4 cylinder is getting in on the fun, sold for 440,000 yen.

    Bonus diesel, sold for 1,069,000 yen.
    [​IMG]
    [​IMG]

    For reference, Pajero was a 3.5 with 76,000km and sold for 320,000 yen.
     
  16. IanB

    IanB New Member

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    DAMN! I think I had my '96 Hilux Surf SSR-G diesel w/ 132K kms in my driveway and insured for under $9K back when they first came legal! I didn't realize how much of a bargain I got on it!
     
  17. tperkins

    tperkins Devout AYC Disciple

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    The '96 are cheaper. The 99' - 02' seem to go for more. The 3.4L V6 goes for more than the 2.7L 4 banger, but the diesels go for like 3-4k more than either on average.


    THAT said, I didn't cherry pick those, I just went through for the 3.4L that had statistics (thanks USS), and ones that I would find suitable to buy. Those were the first that came up and nothing else.
     
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  18. tperkins

    tperkins Devout AYC Disciple

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  19. Dah_Hunter

    Dah_Hunter Looking over your shoulder, so you dont have to.

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    really nothing wrong with buying from Beforward, they have the auction sheets on there so you can look up the sold history and see if your paying to much. They just dont clean anything so the cars come in super dirty.

    but whent have sales you can get deals for sure.
     
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  20. IanB

    IanB New Member

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    I bought my surf just as the 3rd gens came legal...it may very well have been the 1st one imported to Canada as it was a Feb. '96 build date. I loved that truck and still miss it today, it was great!
     
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