Quote:
Originally Posted by psm11
I think my favorite thing about grays right now is that they crush you on price if you are selling them a piece and they tell you the market has changed but refuse to drop the price of the 15500 they bought 4 months ago for 60k. You can’t have it both ways.
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That's what I don't get, are they all still holding out hope that another bubble will start forming? I would think they would try to start moving excess inventory but it's more of a gentle trickle. I figured it was bad a few months ago when a well known grey said no to even an offer for a steel Rolex sports model, but their pricing still hasn't budged. I would think some of these over leveraged folks would start undercutting each other but they've done a good job cooperating I guess.