Quote:
Originally Posted by Matt Monson
What's full market on the car repaired? $22-25k.
I guess the question you have to ask yourself is what do you consider the Pelican brotherhood discount selling price where you are walking the talk of not being a profit mongering flipper. I'd personally say $16-18k, which means you need to get into it for $10k or less.
It will need more then just the top end. Figure an extra $2-3k of unseen unplanned repair expenses. The little stuff adds up quickly. I know from personal experience. I had close to $15 into my $9k '85 by the time I parted with it. Nice rubber alone is $700-800.
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Yeah, I am giving myself some wiggle room. I see what you did there with the flipper stuff, and I did LOL a little.
My personal philosophy on this will be full disclosure. As in, I bought this car with bad valve guides and had them fixed. The car was going to sit in a garage forever, but I felt it was better off being driven by someone who wants to drive it, so here's my price, which covers my costs. My costs include car, parts, labor, fees, and my time at a reasonable per-hour rate.
If I were to go all the way to the end with this, it would be a firm FS - that is, if I felt that I had $22.5k into it, I would ask - $22.5k, firm. I'm not in the car flipping or selling business, and my personal philosophy trumps all other considerations.
Which is why I ask up front what the learned opinion of Pelican Parts is. If I can't break even, I'm not going to spend the time on it. Out of my love for the brand and my desire to help people, I might help the gentleman sell it as it, but I sure as heck won't buy it myself.