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      03-18-2016, 07:39 PM   #133
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Originally Posted by stubenhocker View Post
Price gouging is when someone uses predatory pricing on an item you need, like food or fuel.
No, that's called bringing the price up to support additional material being shipped in. Market pricing encourages shipping extra to an area that's short of it.

Back in 2012 when Hurricane Sandy hit the NY area, there were stories about multi-hour waits for gasoline. I thought that made no sense - gasoline was available everywhere outside the storm area for regular price. I was half tempted to rent a pickup, buy out the local Benny's of gas cans, fill them all at the local Quick-E-Mart, and make the 3 hour trip down to NY. Sell a 5 gallon can for $50, make a profit, and save some poor schmoe the hassle of waiting in line for 3 hours in exchange for an extra $30 out of his pocket.

Nope. All sorts of stories on the news about how NY was watching for people "gouging" by charging more than "normal" pricing. OK, I'll stay home, and the 100 gallons of gas I could have added to their local area stayed in MA. 20 people wasted a cumulative 60 hours of their lives, but their government saved them from voluntarily paying me extra to bring them some gas.

A thing is worth what someone wants to pay for it. That goes for gasoline, food, cars, what have you.
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      03-18-2016, 08:03 PM   #134
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Originally Posted by ///M-Furby View Post
if you all just waited, the m2 will be like the i8. one dealer has 400 miles on their i8 and cant give it away.

have patience and in 6 mos it will be invoice plus
This actually made me laugh out loud. No.
set your calendar and ping me in 6 mos
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      03-18-2016, 08:06 PM   #135
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Originally Posted by miiipilot
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Originally Posted by ///M-Furby View Post
if you all just waited, the m2 will be like the i8. one dealer has 400 miles on their i8 and cant give it away.

have patience and in 6 mos it will be invoice plus
$1 says you're wrong...You want to take that action?
yes, lets do it. how about this. loser donates 10$ to charity in the other guys name? i say 10 cause i dont think charities can take 1.
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      03-18-2016, 08:09 PM   #136
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Quote:
Originally Posted by Zooks527
Quote:
Originally Posted by stubenhocker View Post
Price gouging is when someone uses predatory pricing on an item you need, like food or fuel.
No, that's called bringing the price up to support additional material being shipped in. Market pricing encourages shipping extra to an area that's short of it.

Back in 2012 when Hurricane Sandy hit the NY area, there were stories about multi-hour waits for gasoline. I thought that made no sense - gasoline was available everywhere outside the storm area for regular price. I was half tempted to rent a pickup, buy out the local Benny's of gas cans, fill them all at the local Quick-E-Mart, and make the 3 hour trip down to NY. Sell a 5 gallon can for $50, make a profit, and save some poor schmoe the hassle of waiting in line for 3 hours in exchange for an extra $30 out of his pocket.

Nope. All sorts of stories on the news about how NY was watching for people "gouging" by charging more than "normal" pricing. OK, I'll stay home, and the 100 gallons of gas I could have added to their local area stayed in MA. 20 people wasted a cumulative 60 hours of their lives, but their government saved them from voluntarily paying me extra to bring them some gas.

A thing is worth what someone wants to pay for it. That goes for gasoline, food, cars, what have you.
in state of emergency, stores are forbidden from raising prices. doing so equals criminal charges. its made to protect the public
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      03-19-2016, 04:58 AM   #137
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Originally Posted by ///M-Furby View Post
in state of emergency, stores are forbidden from raising prices. doing so equals criminal charges. its made to protect the public
And what it does is:
  • stupidly prevent people from bringing in needed supplies at a premium, and
  • create runs on stores where shelves are emptied by people "stocking up" on things they don't need.

Let people charge whatever they want. I'm not putting a gun to anyone's head to make them pay $100 for a loaf of bread. And if you can charge $100 for a loaf of bread, there's going to be trucks of bread being driven in by everyone and his brother to fill the need. And once there are truckloads of bread at the location and the few people willing to pay $100 a loaf have bought them, the price on the remainder will drop.

But, no, economically illiterate politicians will prohibit actions that would guarantee the shortage would end as quickly as possible. And economically illiterate voters will continue voting for them, thinking they've been "protected", when in reality their situations have been made worse.
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      03-19-2016, 08:13 AM   #138
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Originally Posted by BruceM View Post
I am #1 at a "small dealer," with a promise in writing guaranteeing that slot, and "no higher than MSRP" as a price.

He might not get many allocations, but I only need him to get one

Some of the worst rip-off price stories I've been hearing on this board, in fact, originate in California at pretty big dealers...
My dealer is a small dealer and they didn't charge over MSRP for my 1M or my M2. My CA also told me they didn't have a market adjustment on the i8 when it came out. I don't think we can say all big dealers do this and all small dealers do that, it just comes down to how each one operates. Some try to take advantage of certain situations not really caring if they lose a customer and some try to build relationships so they have a customer for life. I'm just glad my dealership is the latter.
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      03-19-2016, 08:23 AM   #139
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Quote:
Originally Posted by Zooks527
Quote:
Originally Posted by ///M-Furby View Post
in state of emergency, stores are forbidden from raising prices. doing so equals criminal charges. its made to protect the public
And what it does is:
  • stupidly prevent people from bringing in needed supplies at a premium, and
  • create runs on stores where shelves are emptied by people "stocking up" on things they don't need.

Let people charge whatever they want. I'm not putting a gun to anyone's head to make them pay $100 for a loaf of bread. And if you can charge $100 for a loaf of bread, there's going to be trucks of bread being driven in by everyone and his brother to fill the need. And once there are truckloads of bread at the location and the few people willing to pay $100 a loaf have bought them, the price on the remainder will drop.

But, no, economically illiterate politicians will prohibit actions that would guarantee the shortage would end as quickly as possible. And economically illiterate voters will continue voting for them, thinking they've been "protected", when in reality their situations have been made worse.
you can restrict buying to x per customer. but not preventing this causes gouging where the poor cannot compete "aww nedd milk for your baby? that will be $50". guess who gets the milo
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      03-19-2016, 08:35 AM   #140
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Originally Posted by alexandertg21
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Originally Posted by redux View Post
Not really, running cost might actually be pretty close. Stuff gets cheaper when you strip out the crap that will go wrong.
Injectors, HPFP, E-Waterpump, etc are not on the E36. Unless you planning on stripping the engine. S52 is way more reliable than any N motor.
What E36 track car has stock injectors, original fuel pump and a stock water pump ?

Agree with you that these parts may be more expensive today but if they are mass produced over time they will be available relatively cheaply in the future.
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      03-19-2016, 08:38 AM   #141
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Originally Posted by ///M-Furby View Post
you can restrict buying to x per customer. but not preventing this causes gouging where the poor cannot compete "aww nedd milk for your baby? that will be $50". guess who gets the milo
Nobody gets the milk, because everybody bought the store out before the storm. But, yes, pay the $50 if your baby needs it. Or go back to breastfeeding for a week. Or whip a little cereal into the Infamil. Hell, the current complaint running around is people kicking about getting $35k bills for their 6-year-old's Medflight to the hospital. Yeah, $35k sucks, but your kid got to the hospital.

But it does show the problem with lawyers. Everything needs a law to control it, and they're all vain enough to think they can determine just what level of control is needed.
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      03-19-2016, 08:40 AM   #142
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Quote:
Originally Posted by ///M-Furby
Quote:
Originally Posted by Die ///M Rakete
Quote:
Originally Posted by ///M-Furby View Post
if you all just waited, the m2 will be like the i8. one dealer has 400 miles on their i8 and cant give it away.

have patience and in 6 mos it will be invoice plus
This actually made me laugh out loud. No.
set your calendar and ping me in 6 mos

Ha! you're gonna need to turn off your PM.

Actually I'll take your dollar right now and you can Set your calendar for your 6 month fail date.

I can guarantee you right now that there will be dealers still getting their FIRST M2 Allocation in about 6 months.

I received my South Carolina 1M allocation in June and took Euro delivery in September of 2011 and when my car arrived in OCTOBER 2011 it was that dealers first and only allocation.
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      03-19-2016, 08:41 AM   #143
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Originally Posted by BMWadvisor_SeymurG View Post
Currently 8 of 10 cars allocated for the year are sold have 2 slots remaining - Selling them at MSRP and not a penny above PM for details!
Hey, I've been to your dealership. A couple years ago we were on vacation in Ft. Lauderdale and one of the crap run flats on my wife's 535 did the normal crap run flat bubble thing and you guys threw on a new tire for us. Good service, although expensive!
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      03-19-2016, 08:45 AM   #144
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Originally Posted by ///M-Furby View Post
you can restrict buying to x per customer. but not preventing this causes gouging where the poor cannot compete "aww nedd milk for your baby? that will be $50". guess who gets the milo
Babies can't drink milk.
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      03-19-2016, 08:47 AM   #145
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Originally Posted by Zooks527 View Post
Nobody gets the milk, because everybody bought the store out before the storm. But, yes, pay the $50 if your baby needs it. Or go back to breastfeeding for a week. Or whip a little cereal into the Infamil. Hell, the current complaint running around is people kicking about getting $35k bills for their 6-year-old's Medflight to the hospital. Yeah, $35k sucks, but your kid got to the hospital.

But it does show the problem with lawyers. Everything needs a law to control it, and they're all vain enough to think they can determine just what level of control is needed.
You can't just go back to breastfeeding like that...lol. I know, not the point of your post but just wanted to point that out. Haha.
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      03-19-2016, 09:06 AM   #146
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Quote:
Originally Posted by Zooks527
Quote:
Originally Posted by ///M-Furby View Post
you can restrict buying to x per customer. but not preventing this causes gouging where the poor cannot compete "aww nedd milk for your baby? that will be $50". guess who gets the milo
Nobody gets the milk, because everybody bought the store out before the storm. But, yes, pay the $50 if your baby needs it. Or go back to breastfeeding for a week. Or whip a little cereal into the Infamil. Hell, the current complaint running around is people kicking about getting $35k bills for their 6-year-old's Medflight to the hospital. Yeah, $35k sucks, but your kid got to the hospital.

But it does show the problem with lawyers. Everything needs a law to control it, and they're all vain enough to think they can determine just what level of control is needed.
family making 35k per year aint paying the med flight. they also wont be able to buy the milk, or formula, or much else in a price gouge situation. i am not favor of all laws, but this is one of them thats needed to help the abject poor who suffer the most in disasters
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      03-19-2016, 09:07 AM   #147
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Originally Posted by OrangeCrush
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Originally Posted by Zooks527 View Post
Nobody gets the milk, because everybody bought the store out before the storm. But, yes, pay the $50 if your baby needs it. Or go back to breastfeeding for a week. Or whip a little cereal into the Infamil. Hell, the current complaint running around is people kicking about getting $35k bills for their 6-year-old's Medflight to the hospital. Yeah, $35k sucks, but your kid got to the hospital.

But it does show the problem with lawyers. Everything needs a law to control it, and they're all vain enough to think they can determine just what level of control is needed.
You can't just go back to breastfeeding like that...lol. I know, not the point of your post but just wanted to point that out. Haha.
not everyone can breast feed either. plus i think mommy needs to eat to produce milk. cant eat if pb&j costs 39.99 plus bread at 49.99
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      03-19-2016, 09:27 AM   #148
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not everyone can breast feed either. plus i think mommy needs to eat to produce milk. cant eat if pb&j costs 39.99 plus bread at 49.99
Yes, but 95% can. Most are just too lazy to breastfeed, it's hard work and takes up a lot of time.

I think his point is that it stops extra supplies being brought in even if the price is high. Is a $35 jar of peanut butter better than no peanut butter?
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      03-19-2016, 10:02 AM   #149
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Originally Posted by OrangeCrush
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Originally Posted by ///M-Furby View Post
not everyone can breast feed either. plus i think mommy needs to eat to produce milk. cant eat if pb&j costs 39.99 plus bread at 49.99
Yes, but 95% can. Most are just too lazy to breastfeed, it's hard work and takes up a lot of time.

I think his point is that it stops extra supplies being brought in even if the price is high. Is a $35 jar of peanut butter better than no peanut butter?
its morally wrong to charge that in an emergency. it also hurts those who live pay check to pay check. a better way is to restrict to X per customer
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      03-19-2016, 10:04 AM   #150
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Quote:
Originally Posted by Zooks527 View Post
Nobody gets the milk, because everybody bought the store out before the storm. But, yes, pay the $50 if your baby needs it. Or go back to breastfeeding for a week. Or whip a little cereal into the Infamil. Hell, the current complaint running around is people kicking about getting $35k bills for their 6-year-old's Medflight to the hospital. Yeah, $35k sucks, but your kid got to the hospital.

But it does show the problem with lawyers. Everything needs a law to control it, and they're all vain enough to think they can determine just what level of control is needed.
North Jersey Sandy survivor here.

I'm trying to think what we would do to someone from the North coming down and trying to gouge us with 10 dollar a gallon gas after spending days and weeks without power, not being able to drive around due to poles and trees snapped and blocking the road everywhere, having people steal mower gas out of sheds, wondering about food supplies, and having friends and relatives living in your basement due to their houses becoming unlivable.

What would we we do... Hmmm...
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      03-19-2016, 10:21 AM   #151
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its morally wrong to charge that in an emergency. it also hurts those who live pay check to pay check. a better way is to restrict to X per customer
Agreed. Buying 10 loaves of bread is rediculous also.
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      03-19-2016, 10:55 AM   #152
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Originally Posted by ///M-Furby View Post
its morally wrong to charge that in an emergency. it also hurts those who live pay check to pay check. a better way is to restrict to X per customer
Agreed. Buying 10 loaves of bread is rediculous also.
100% agreed. especially since most of these events gets resolved in a few days (.e.g snow storms)
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      03-19-2016, 12:04 PM   #153
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Originally Posted by ///M-Furby View Post
set your calendar and ping me in 6 mos
Can I get in on this? can we add a few zeroes? I HIGHLY doubt in September they will be at invoice "plus" unless by "plus" you mean plus 10%.

Just send a check to Children's Hospital Los Angeles. It can be in your name.
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      03-19-2016, 12:20 PM   #154
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Quote:
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its morally wrong to charge that in an emergency. it also hurts those who live pay check to pay check. a better way is to restrict to X per customer
You know, you've reinvented the Soviet economy. The fools at the top set the prices, the stores go empty, the connected get goods, and the rest go without, while someone else feels morally superior.

As opposed to, you know, letting adults conduct private transactions without outside interference.

Granted, that doesn't provide sufficient opportunities for graft for the government, and it prevents the control freaks from letting their inner fascists free.
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