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Old 02-05-2003, 01:26 PM
Rat_Pack Rat_Pack is offline
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Default Re: greensboro, nc, auto show, WOW!

<font color="blue">Even at 52K your making a profit from what I remember you bought the car on Ebay for a few months ago. </font color>

whitetop, does it matter what he paid for the car and how much profit he makes? He wants $100k for a documented drag car driven by probably the most popular name in racing besides Petty &amp; Earnhardt. What I don't understand is the thinking that people have towards what people should be allowed to make on a car. If I buy a car that is worth $200k on the open market and give only $50k for it what is a fair price? $75k? I don't think so! A fair price is $200k, why would I want to sell for less? Should it matter that I clear $150k? No. Now lets say I bought the same car for $160k and sell it for $200k, is that a better deal since I would make less money?

You buy and sell parts just like I do, sometimes you pay only $100 for a rack of gauges that is worth $450. Why don't you sell them for $250.00 instead and make only $150 over what you paid and pass that $200 savings onto the person you sell them to? Now you may do that for someone you know, and you have done that, but when it is on Ebay or at a swap meet you sell them for all that you can get just like I do. [img]/ubbthreads/images/icons/wink.gif[/img]

Now this post is not to degrade you, but to degrade the statement you made. I have heard the same type of statement from other guys on this board about other cars for sale and this thinking is wrong. If the seller wants $200k and takes $160k and still makes $110k profit it should not matter as the buyer got a 20% discount on the market value of the car. So when he goes to sell it there is still room for profit for him to make, maybe not as much, but it is still a profit. [img]/ubbthreads/images/icons/grin.gif[/img] ...........RatPack..................
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