Everyone knows cars lose a significant amount of their value the moment they're driven off a dealership lot.
But apparently the opposite – that they gain value when they drive back on – can also be true.
At least, that's the case at one Chicago Toyota dealership.
Chicago Northside Toyota recently picked up a 1994 Toyota Supra in great condition for just $121,000 from online car auction
Bring A Trailer
. Seemed like a bit much, but OK.
Then, less than a month later, after simply driving the car onto the lot – presumably they cleaned and serviced it a bit, too – they've listed it for a whopping US$500,000.
Now, the Supra in question is of the covetable six-speed Getrag V160 manual variety, but still. By our calculations (500,000 subtract 121,000, carry the one, beep boop beep
) this deal is what the mathematical community refers to as 'totally whack.'
that spotted the Supra on the auction block originally, calling the sale price of $121,000 'simply insane.' Then they saw the same Supra with the same VIN number in a
listing on Chicago Northside Toyota
, which has since been removed, either because the Supra sold or because the dealership is trying to regulate the Internet's freakout.
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The ad carried the same price disclaimer as all the other pre-owned vehicles on the site: 'real-time Internet price comparisons to constantly adjust prices to provide ALL BUYERS the 'BEST MARKET VALUE' vehicle's (sic) possible.'
Somebody should tell this dealership that writing something in all-caps doesn't make it true.
Unless they sold it for the asking price, in which case we're living in an illogical world where money and grammar no longer hold value. Buy whatver yuo want?.