RANK1ALTRINCHAM wrote:
For a couple of weeks I have observed the comments posted onto this forum and I have to say I did not think it possible for there to be so many self opinionated, single minded biased people amongst such a small membership who delight in berating others whose opinion happens to differ from their own.
Funny, I'm sure I've seen you posting before one here
And your remarks seem a bit rich from people who are calling others ignoramuses and plonkers within a short time of starting posting.
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Keep up to speck guys, the last transfer in Trafford was a couple of weeks ago, where a white owner who had come into the trade 15 months ago at a cost of £31,500 for license and a R reg Fairway transferred to an asian for the sum of £26.000, the license was still with the R reg Fairway, well according to you guys this must surely have been a rip off. Well a depreciation of £5,500 over a period of 15 months.
RACISIM AND RIP OFF DON'T THINK SO. THINK YOU GUYS HAD IT WRONG...........
I don't know the details of the transaction in question, but I think the point being made is that many buy plates without being fully aware of the facts, and I think immigrants are particularly vulnerable in this regard. But it doesn't depend on ethnic groups, since your own subsequent comments demonstrate a distinct lack of understanding of the market.
But theres no doubt that people buy plates under false pretences. Witness the misleading comments about derestriction from the likes of the T&G and NTA. They've no doubt given some in the know the chance to offload plates onto those misled.
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SECONDLY.........
Plate values as we all know are based on the last one transferred, 35K don't think so. And the Asian who you all so much to say about, well guess what you were only in possesion of half the facts or perhaps someone did know the full facts but chose not to reveal all because it suited their purpose to make Trafford Owners look bad...yes he did pay 35K yes he was ripped off but heres the best bit, he bought from another Asian owner who was returning to Pakistan, hang your heads in shame you biggots.
So if tomorrow derestriction was announced to take place in six months then a plate value would depend on the last transfer? Hardly, unless of course some were in the dark about the derestriction, which was the point being made about the Asians.
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THIRDLY - FREE PLATES.[b]
Instead of being scroungers and expecting something for nothing why can't people get off their backside and work for a plate like the other 102 plate holders in Trafford did one was a free issue). But no, we will be like many other aspects of this civilisation and scrounge, moan,complain and berate others and then hold your hands out wanting freebies.
I understood when I bought my License with hard earned money may I add that I was investing in a business, in 1990 I paid £16,500 for my plate, in 2004 I transferred that plate for 25k, whoopie effing do, £8,500 profit over a period of 14 years (less tax) so come on some knowall out there must be able to work out with the help of a calculator, if I had put my money into a Peps or ISA what would that have returned.
I think plates tend to be bought more for their income than capital appreciation, but a 50% or so capital appreciation in 14 years isn't too bad, particularly in a low inflation era.
But note that all plates were originally freebies, and if you want to risk a purchase on a grey market then that's your business, but it's a bit rich to berate those who would like a plate issued by the public authorities on the same terms as all others as scroungers.
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ANOTHER SCENARIO.......[b]
At the time in 1990 the house next door to me was for sale for £44,950, the same house is now for sale again and guess what its now £167,000, oh dear sit back, shock, gasp, horror is that a fat cat owner ripping someone off.
Some of you need to get in touch with the real world, if you wish to be a Self Employed Taxi Owner running your own business then you should invest some capital thats money by the way, just like you do to run or own any other business Butcher, Baker, Hairdresser etc etc ............
So stop moaning and scrounging get off your a--es and earn it like others have had to do instead of being full of criticism because they have done so.
It's a stange business that ceases to have a value when the authorities allow others to enter the market on an equal basis, so again you demonstrate the point about people being hoodwinked about what they're buying - you've clearly been hoodwinked yourself, but luckily for you things have turned out OK.
But a cartel is hardly a business, so to use your own words, please get in touch with the real world
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