Originally Posted by
Marcus-SanDiego
I like the free market. There was a market dislocation on this vehicle. If all information was known, the seller would not have sold it for $12,000. EAG realized the market dislocation. It snapped up a bargain. It then turned around and marked the price up to what the market would bear. Given that it sold in less than a week, EAG may have even left a little money on the table as well.
Back in the day, before I knew much about EAG, I used to be one of those guys who talked smack about them. Over the years, though, I have come to respect the way they do business. I know someone who bought an E39 M5 from them. The guy, after three weeks, didn't want the car any longer. EAG bought it back from the customer, no questions asked. EAG arranged for freight both ways (though the buyer did pay for it).