Purchase limit

Serpent

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Just wanted to start a discussion on limiting purchases, do you think its a good idea or bad?

Should someone be able to buy a store's entire stock?

Should purchases be limtied?

Example:
Whipple has a sale on their 4.0 blower kit, normal price is 4k+ (whatever the retail is). But they go on a liquidation sale and the blowers are $500. Whipple only has 10 left. Is it okay for one person to buy them all? Or should it be limited to how many can be purchased?
 

IronSnake

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It's annoying when somebody goes through and absorbs all of the old obsolete parts from dealerships. They buy things that most others would just appreciate to purchase at regular retail/slight discount. But these douchebags come in and buy the last 100 of them from every dealer in the country and put them on fleabay for a hundred over retail when they bought them for 50% off of cost.
 

Serpent

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It's annoying when somebody goes through and absorbs all of the old obsolete parts from dealerships. They buy things that most others would just appreciate to purchase at regular retail/slight discount. But these douchebags come in and buy the last 100 of them from every dealer in the country and put them on fleabay for a hundred over retail when they bought them for 50% off of cost.
i was having this discussion with a coworker and he said limiting how many someone can buy is socialism and he doesn't support that.

I said you're a dad, what if the gift you wanted to get your son was all bought out by 1 person. He said doesn't matter I'll only buy what I can afford.

I don't care to get into debates. I just want to hear some opinions and reasoning here.
 

DSG2003Mach1

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it might be a good idea on the seller/manufacturer's part to keep customer's happy (as mentioned, like Costco does) depending on the circumstances but in the end why turn down guaranteed sales in exchange for possible sales to other customers. The secondary market isnt their concern and if the margin is there people who buy out a bulk of something on sale will just pay other people to make the purchases for them and we get the same result
 

jeffh81

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no different than adms on exclusive svt vehicles that someone like me cant afford. You look at it and deal with it, go somewhere else and get what you want
 

BlckBox04

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perfect example is with sporting and concert tickets and how these companies buy 1000's of tickets and then jack the prices on resale.
 

Serpent

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You buy what you can afford, yes.

Here's a scenario:
Guy in line in front of you bought the store's entire stock of exactly what you're looking for. He bought them all for profit. You want one and ask him if you can buy one. He says the price is double what he paid. What would you do?

If this product is sold out, you're basically screwed or have to pay up. In situations like these I'm glad there is a purchase limit.

There's purchase limits on nintendo switches, but I was lucky enough to get one without having to pay $400+ for a $324 (after tax item). Who knows what desperate parents paid when the switch first came out in March, maybe $800???

I want to hear both sides of the argument. I'm for making a profit too.
 

joker21705

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That's what every business in the world does, buys a product at a cheaper price and sells it for more. Next time you're in Walmart how cheap you think they bought that item you're buying.

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Zemedici

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You buy what you can afford, yes.

Here's a scenario:
Guy in line in front of you bought the store's entire stock of exactly what you're looking for. He bought them all for profit. You want one and ask him if you can buy one. He says the price is double what he paid. What would you do?

If this product is sold out, you're basically screwed or have to pay up. In situations like these I'm glad there is a purchase limit.

There's purchase limits on nintendo switches, but I was lucky enough to get one without having to pay $400+ for a $324 (after tax item). Who knows what desperate parents paid when the switch first came out in March, maybe $800???


I want to hear both sides of the argument. I'm for making a profit too.

I don't see anything wrong with any of that. There's tons of people who do just this for a living - i.e. Watches / shoes / you name it
 

sono

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Should have restrictions
limiting the price is a crutch in itself. Maybe I want to pay you more
Free market is subjective
 

rotor_powerd

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If someone is putting in the effort to be in the right place at the right time in order to make money, why shouldn't they be able to? Capitalism
 

ZYBORG

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You buy what you can afford, yes.

Here's a scenario:
Guy in line in front of you bought the store's entire stock of exactly what you're looking for. He bought them all for profit. You want one and ask him if you can buy one. He says the price is double what he paid. What would you do?

If this product is sold out, you're basically screwed or have to pay up. In situations like these I'm glad there is a purchase limit.

There's purchase limits on nintendo switches, but I was lucky enough to get one without having to pay $400+ for a $324 (after tax item). Who knows what desperate parents paid when the switch first came out in March, maybe $800???


I want to hear both sides of the argument. I'm for making a profit too.

Your scenario just shows the parent should have gotten up earlier. He is not "screwed", he still has a choice of wether he buys or not.
 

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