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I think him taking it back at par is a tough proposition. How much is the car worth as a donor car? That's going to be his price point I would imagine. I don't see a scenario where you walk away without a loss (besides transportation).
If he agreed to buy it back at, say, 80 cents on the dollar I'd give it to him in a heartbeat.
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"Fraud is everywhere in this hobby. Believe nothing, believe nobody, expect disappointment."
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