Posted by Todd Wilson on Thursday, November 14, 2002 at 1:01PM :
In Reply to: Todd, What do you think it takes to MAKE 30% profit? posted by Eric B. on Thursday, November 14, 2002 at 10:11AM :
OK I have a question..........
Lets pretend here........lets be a dreamer!
Situation.
Judd is gonna sell me his 1200$ OKlahoma Power Wagon for 3000$. Judds driving time,his gas,his wear and tear on his truck......his time at the house tinkering and cleaning.......his expertise at judging this power wagon is worth 3000$. Ok truck is now worth 3000$
I drive up to Judds to buy this 3000$ truck its obviosly worth that because Judd said so,He put in his time,gas,wear and tear on his truck?!?!
So now that this 3000$ truck is at my house that was originally bought for 1200$ just a few weeks ago.......is its value say 5000$ now? I have MY time involved driving to Judds?!?! I will have drove my old 74 Dodge with the 440 just to jack the gas price up to help raise the value (use more gas!)........The wear and tear on my truck has to be worth more because I have Dodge trucks and I think Judd uses a 97 Ford for his pulling! ;) We wont factor in the cost of my "expertise" because its obvious I dont have any when it comes to Power Wagons. Heck I dont even own one!
So now in 1 weeks time this Power Wagon from Oklahoma for sale for 1200$ is NOW WORTH 5000$ Its got to be worth 5000$ all this wear and tear and driving time.
Shoot Judd I see the light!!!! Lets get into business together! We can really make money! You can then drive down to my place in Kansas and buy it back from me and now the truck is worth 7000$ :0
Todd
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