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Personal distaste for parasitical businesses that add no real value to the riding community. Even goods middlemen provide a service (buyer/seller representation). This guy playing bike market like stock market, which is CLEARLY NOT WHAT IT EXISTS FOR. Legal you say? So what? He operates with bad business ethics, and exposés exist to make sure businesses like this disappear bc the community frowns upon it!

 

Look, everyone's been burned as a newbie 2b rider before. But the experienced ones here are quick to flick off 'stupid buyers' who get (sorta) scammed by this dude. I'd rather stand on the side of the uneducated buyer coz sometimes its not their fault if they have busy jobs and aren't savvy enough to research. Not everyone is as free as ppl like us typing long forum posts.

 

Plus he gives us genuine private sellers a bad rep. If a lot of riders get burnt and are unhappy w the second hand market bc of one dude, that's a disproportionate amount of negative sentiment generated by one black sheep. Trust lost in the community is very hard to gain back. Then we all suffer. Isn't it obvious taking such businesses down has more net benefit to the community?

 

He's not stupid and seems quite resourceful. Obviously has a lot of capital too. Can't he find better ways to make money instead of preying on those with less options and less knowledge?

Edited by mikeyue

past rides: Wave-S, ZXR400-L7, DT200r, CMX250, SL750

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If the person wants to 'flip prata' open a bike shop lah. Let people take loan. Sell at a higher price yet potential buyer has to search for own loans. Its like middle man dealing. The middle man earns. Shops earn. The potential buyer end up paying alot more than what was previously very cheap. Give others a chance. COE already so expensive. If some bros think it their problem whatever their doing than this also our problem lah to share and create awareness.

End of the day also its between potential buyers and 'prata fliper'.

It is good to see the 'prata fliper' having a hard time selling the bike. KARMA bites back.

See it for ur self bros. Observe the buy and sell market for 2nd hand bike.

-carousell app

-sgbikemart

-singapore gumtree

and of course here...

 

To each his/her own opinions....

Ride safe bros n sis

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Ducati 695 bought below $5000, sold around $8000 (at first advertise $9000 then became $8000)

 

I wanted to buy that bike at $5000, contacted the owner and was supposed to view at night, but i was slower than Mr Prata...so sad..........then the bike became $8000. No way im going to support Mr Prata....coz COE so expensive and you still come in and buy from private buyers...then resell....wa......

 

If you think Mr Prata is right.....well....just hope he does not buy ur dream bike before youuuuuuuuuu.................

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Actually I do not see the issue here.

Flipper are small timer whom want to earn some fast cash.

As long the bike does not fit your requirements then do not buy no one is forcing you.

What make you think that a bike shop sure will sell you a better condition bike?? Bike shop also will try to cut corner by selling you the original condition bike unless u requested for the specific thing to be done up.

Like some one had said willing seller and willing buyer. No one is been forced into any illegal thing here. You as a buyer the onus is on you to do some research and check the stuff u buy.

http://img220.exs.cx/img220/7457/gforcesig1hc.jpg
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Sour grapes.

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Thank you TS for this PSA, been noticing this prata flipper too dealing with 2b scooters, among other bikes...

 

Those that don't see a problem in this prata flipping trend is seriously ignorant and do not see the bigger picture... It's now one exposed flipper only, but just imagine if our 2nd hand market get infested with such profiteering goons, any little scent of a good deal will be swept up by them campers.

 

Fellow riders who are passing comments such as both willing parties lah or sour grape lah haven't been low-balled with sympathetic reasons (lies) only to see his/her bike up for sale again the following week, or missed a good deal only to see it resurfacing at an inflated price, with no value added.

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No one forces you to buy, if you don't think the price is right get something else. If no one buys these bikes the prices will go down.. That is business 1.0

Alternatively if someone scouts the market, snatches a good deal and then make a profit reselling to a willing buyer,.. Well.. Good on him. It is full of these people anyways, they are called dealers.

 

Then again, perhaps that is just me being 'seriously ignorant' ..

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No one forces you to buy, if you don't think the price is right get something else. If no one buys these bikes the prices will go down.. That is business 1.0

Alternatively if someone scouts the market, snatches a good deal and then make a profit reselling to a willing buyer,.. Well.. Good on him. It is full of these people anyways, they are called dealers.

 

Then again, perhaps that is just me being 'seriously ignorant' ..

 

Chill bro,

There're all sort of ppl around.

Some are streetsmart and some are just follower.

Some always on the toe and grab opportunities as it come and some waiting for durain to drop in front and self open for them.

Flipper or dealer be it u want to call them, what they do is also a legal thing unless they are breaking any law if not I do not see a issue.

Just like ppl bring in cheaper item from oversea and sell online. They are consider flipper FYI as they buy cheap and sell high, so is shop.

Just different approach and presentation.

 

 

Sent from my iPhone using Tapatalk

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Flipping is not wrong. It's a legitimate business move either as a company or private. If it's wrong then all bike shops should closed down or be listed here.

 

I think the questionable part is if the 'flipper' used unorthodox methods when buying/selling example painting a story to the original seller to obtain a cheaper purchase price then repost for profit. While the tactic is in a way unethical, it's not illegal per se. Buyers for any bikes should do their own homework before moving in. There's usually a market price for mainstream bikes which is easily checked online or with friends.

Instead of crucifying flippers, and since this thread is now a sticky, more seasoned forumers should post responsibly on suspected overpriced recently purchased resales instead. End of the day it is the buyers' duty to verify and even if it was a flip sale, if willing then go ahead and buy.

#ShutUp_and_Ride

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Hi fellow bikers,

I am not really sure where this thread is leading us to, and what is the actual issue or point of discussion that's really the contention. "Flip prata"? , but, what about the rights between 2 parties to enter into an agreement, - a private contract that is, to buy and sell? Is it illegal to do it in this forum? If "Mr A" enters into a private contract with "Mr B" to buy and sell, with all the agreement made within the context of the law, whats the issue then? Does it not that this forum "facilitates" such practices, that is, to buy or to sell? Can the administrators enlightens your stand? You seems to promote, yet, seems also allow threads of "envious bickering". Are we against free market - laisser faire economy? - the very essence of how this bike forum have survive over the years? So, about the "sample exposure", whats the real issue? Is it the way the 'goods', in this instance, the 'bike' being advertised? Being bought & resold? Or, as someone put it earlier, should we relook at our own attitude,... envious? sour grapes? No, didn't mean to criticize anyone here.

 

The latest "exposure" is about Mr Jackie, the seller, & Mr Jeffrey, the buyer. The contract - to buy and sell - was done. As far as we know, - its over and its legal. Surely, Mr Jackie must have agreed to the price he wants to sell or to the price Mr Jeffrey offered to buy. Surely, its gullible of us to assume Mr Jackie expect that Mr Jeffrey must take care of the bike for his entire life after buying, and not resell it at a higher price later on, - even seems immediately, afterwards. Can we dictate what Mr Jeffrey should do with his newly owned bike? Now then he has decided to resell, well, perhaps that is the enterprising spirit of Mr Jeffrey. Must we assume Mr Jackie make a big loss? Must we assume Mr Jeffrey will surely make money? Is it not also a risk that Mr Jeffrey took for buying Mr Jackie's bike? Is it an agreed private contract between 2 parties? But, is it illegal? So now, should we put the assumption that Mr Jeffrey is a cheat? "Dishonest characters" that need to be exposed?

What is the real gist here that we are trying to discredit? What is the direction of this thread? Perhaps the administrators should clarify. I believe we should not be facilitating a culture of envy. Discrediting others and acting purely base on assumptions is not the right direction if we want the sense of camaraderie among bikers to flourish.

 

To put on record, - I knew none of the characters above. My stand, - I would say to Mr Jackie, "Congratulations, & very lucky indeed that you managed to sell your bike". To Mr Jeffrey, "Congratulations, good luck to your new bike. Hope you can sell. Good luck". To all future buyers, its your responsibility to check the bike condition. Please do seek all the options available to help you in this area. Get help from fellow bikers, mechanics, benchmarking from open market sources, social media opinions etc. And after all careful considerations, - if price is non issue, - if condition of the bike is worth taking the risk, & if you really like to own it, .... if you got the qualified license of course, NO ONE can stop you.

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