Quote:
Originally Posted by ficke
Or "I am going to flip this car to a friend after I fix it up and it will take a lot of money to do that so I need to buy it right at you bottom dollar price"?
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We've been over this before. That's not a flip. Flip would be if Fred took this newly exposed car, as is, and sold it for a $10-20k profit over what he paid. Put work into it to make it reliable and presentable and you sure as hell deserve to be paid for your time. That's a value added reseller.
I paid $4500 for my 912E as a ran when parked 4 years ago car. I put 2 dozen hours and $500 worth of parts into it in the 6 months I owned and sorted it. Am I a flipper? I would argue that ever cent of the $2000 "profit" I made was earned.