eBay For Millionaires

AC writes "Got $2 million in assets? Then you can join BillionaireXchange; just the place to find a 2006 Bugatti Veyron with a Start Bid of $1,050,000.00. Or perhaps you are looking for a boat like the Disco Volante (from James Bond), for example the 2000 Azimut Motor Yacht, a lovely 85-footer with a Start Bid of $2,700,000.00. On the other end of the deal, did your hedge fund leave you in the lurch? This is the place to sell those extravagant toys you thought you could afford."

Comments

So, why is this in YRO?

[selven]

Do millionaires trading houses and planes infringe on my rights in some way?

Re:So, why is this in YRO?

[Shrike82]

Wow. Pedantic much? Clearly I'm joking, but in the summary and the link to the blog it's clearly stated that to join you must have verifiable assets of at least $2M. The answer you posted from the site is in response to the question "Are there charges to join?", not "Do I need to have millions of dollars to join?".

Re:So, why is this in YRO?

[jamesh]

My guess is that if it was filed under 'idle' where it belongs, nobody would see it.

Re:So, why is this in YRO?

[Spazztastic]

anyone can be a member? did you read the link at all or just post right away looking for an insightful mod?

Isn't that the point of posting? Hoping that someone with points doesn't RTFA and assumes that you are correct? Oh look, they might mod me up, too!

How much do slashdot readers earn?

[bramp]

I'd be curious to see a poll of how much slashdot readers earn. Then we'll know how many people actually find this new article interesting/useful.

Re:How much do slashdot readers earn?

[Anonymous Coward]

Exactly. The site is only for honest, hard working people who are too stupid to actually make any money out of said honesty and hard work.

Man, the worst thing about slashdot is listening to the proles whining.

Re:How much do slashdot readers earn?

[IndustrialComplex]

My thoughts exactly. I doubt that a single regular here would have any interest (besides data mining or other geeky stuff) on billionairexchange.

My father-in-law runs a restoration business for collectable vehicles. The typical job tends to charge 1-2 million dollars. (They will reproduce the parts from either the original plans or will pay someone to go and measure the part on their car and rebuild it to spec)

He does purchase some of these vehicles, restores them on the side, and resells them for a modest profit. He doesn't have nearly the disposable income to simply hold onto them (maybe for a few months of car cruises, competitions, and the like) A place to sell these vehicles other than ebay or the various auction houses would be of interest to him.

I'm too frugal myself to deal with luxuries in the +$200k range, and I cringe at Rolex watches, but you shouldn't be surprised if a few slashdotters do have quite a bit of disposable income.

Re:How much do slashdot readers earn?

[Spazztastic]

you shouldn't be surprised if a few slashdotters do have quite a bit of disposable income.

Yeah, and Steve Wozniak does read Slashdot. He certainly has disposable income.

This actually makes some sense

[Goonie]

The ridiculously rich support a not insubstantial group of brokers of second-hand yachts, planes, luxury cars, real estate, art, and so on. These businesses generally have flashy offices, high-paid staff, and collect a fair amount of commission for helping facilitate the transfer of said assets from those on the way down to those on the way up.

The business skills of the very rich are often overrated, but most of them are smart enough to figure out that cutting out the middlemen saves both the seller and buyer money. This lets them do it without the embarrassment of parading their failures to us plebs.

Re:And they couldn't afford a better domain name?

[Bazar]

sound low rent?
Look at their site, once you get past how "bling bling" it looks, its actually got very little content, and a hell of a lot of ads.

I also fail to picture why one would want to use an auction for this thing. You don't stay rich by squanding large sacks of money away on items you've not checked out.
Meeting in person would give you a far better idea of whats involved, as well as either talk the price down to something more resonable, or have it explained why its worth so much.

Specifications:

Length Overall (LOA): 85'0"/25.91 m

Engine
2000 MTU 12V 2000
Horse Power: 314
Fuel Type: Diesel

Engine Type: Inboard

Description
Hull Material: Fiberglass
Hours: Contact Dealer

Stock #: 85 Azimut 2000
Status: In Stock

Thats the full description of a yacht with a minimum bid of 2.7 million dollars.
If that auction site was worth a damn, they'd actually either give pages of material about the product, or refuse to list it on such small infomation.
I'm done talking about the site, the fact that the site hit slashdot both gives credence to them, and lowers my perception of slashdot.
I just hope slashdot got a pile of cash for advertising it.

Re:And they couldn't afford a better domain name?

[krelian]

I don't know which joke is older: the one you posted, or the one in your sig.

Re:Tax It

[fridaynightsmoke]

Yes, anybody with more money than you robbed it.
Feel better now?