| From: | David Buehrer dbuehrer@******.carl.org |
|---|---|
| Subject: | Vehicle Street Indexes |
| Date: | Fri, 12 Feb 1999 07:54:33 -0700 (MST) |
/
/ BTB, a Eurocar has a street price HIGHER than list. (Street index of
/ 2 or 3, I think, since SI depends on list price for vehicles). That makes
/ no sense- a stolen Porsche, or one purchased on the gray market, is
/ CHEAPER than one bought at a dealer. Sure, it will lack certain niceties
/ (like maybe a title, emissions hardware, or matching VIN's on all the
/ parts...), and that could cause expensive legal problems or require
/ expensive "preventions"- but there is a REASON the gray market for import
/ auto's exists toady, and its not just those extra 5% horsepower the
/ non-American version gets.
/ What's my point? Street indexes for vehicles seem silly- many factors
/ go into a vehicles cost that do not affect smaller, portable items that
/ can move more fluidly in the market and whose value is less affected by
/ external factors. The GM should feel free to adjust the price to reflect
/ supply and demand, as well as other factors, but there's no reason all
/ vehicles over a certain price would sell for more "on the street" than in
/ a showroom.
You just said it yourself, the street index reflects supply and
demand. It would seem that there are a fair number of SINless people
who want those cars. Since they're allready a limited resource the
number available (that can be successfully stolen, remember they're
usuall owned by corps that live in corporate AAA sectors) is small.
High demand, low supply, high price.
-David B.
--
"Earn what you have been given."
--
email: dbuehrer@******.carl.org
http://www.geocities.com/TimesSquare/1068/homepage.htm
