Quote:
Originally Posted by RodKnock
Collusion is more commonly seen in markets or industries where there are a limited number of sellers, say for example, like Cobra manufacturers.
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While the overall
market for Cobra sales is
limited, the variety of active manufacturers is quite robust (Kirkham, ERA, Shelby CSX, Superformance, BackDraft, Hurricane, FFR, etc.). Yes there are apples and oranges in that list. But for any of them to collude on pricing would be extremely difficult to accomplish and the risks would certainly not outweigh the rewards. The inherent beauty of this small, niche market is that there are several
segments (price points) to work with. Choose your poison and act with your wallet.
Hillbank provides a service for those that are less-inclined to understand what they are buying from a private seller. And if they get premium pricing for offering those assurances, then great for them. In my view, that premium pricing (or perception of same) raises all the boats in the resale market.