Quote:
Originally Posted by Jordo
That ia a good point.
Too keep it simple, lets say his X WAS worth $30K. And it needs $15K worth of repairs. So asking $15K is still too high, because the new owner would have to go through the hassle of actully "fixing" it. So what is that worth. The hassle?
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The hassle is worth some, but the real COST here is the RISKs of all the unknown getting it fixed. From any financial investing point of view, RISK costs a lot.
like...i dont know the reliabliry of my "new" used engine and its install...