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No one is answering my questions.............
Marlin- if you were to help me locate/get a 68 Yenko Camaro (which I am sure you would if I were in that position), and for whatever reason I had to sell it at some point--
1) how long would it take and....
2) what amount of profit would you be comfortable with me making....or
3) what situations (just an example or two) would you find acceptable to you before you felt as though I had just done it to increase my bankroll?
THESE are the questions that need defined. Problem is, I don't think it is that easy and also your tolerance level for the three questions above will change depending on the familiarity and relationship I have with you. Right? That is human nature.
There are 20 negative responses in this thread alone reagrding the negativity to "flipping" cars. But so far, I haven't gotten any concrete indications of what really constitutes the infraction.
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You are trying to fit a million situtations into a simple equation, and it's not that easy. There is no defined time period whereby the 'flipper' status expires, there is always the possibility that when you get the dream car home - the wife tells you to sleep in it, the amount of profit made is almost irrelevant - but does weigh on the sincerity of the reasons given for the quick sale. This stuff is more of a gut feel, 'taken advantage of' feel, it's not too easy to build a protocol out of. Suffice to say, that when someone tells you that 'this car is what I've dreamt about since I was 16...' - and when you (and others) step aside to help the person acquire it, at a good price, only to see it for sale later that week - you no longer trust or believe that person. It's as simple/complicated as that