On Sat, Apr 16, 2016 at 2:58 PM, Stuart MacMillan <stuartmacm@gmail.com> wrote:

> He says he's $100k into it. I believe him, but he's going to take a big loss.

Only a tiny, tiny percentage of people selling things with wheels
*don't* take a loss, meaning they sell it for less than they put into
it. Now, hopefully one has traded the cost of deprecation for time
enjoying the vehicle. He put $100K into the vehicle? Well, hope that
wasn't his retirement money, because the vehicle is worth what someone
is willing to pay, and all the receipts in the world won't change the
fact that it's an unfinished Synchro project that'll take a ton of
work to finish. Land Rover seats don't offset the fact that is has
practically no interior. Of course, there's a reason it hasn't sold
after multiple years.

Every dime I put into our '81, every hour of sweat over that engine
bay, every mod and doo-dad I put in/on it, I expect nothing back. If
we're lucky, maybe we'll get the original price out of if and when we
sell it. Because the money, sweat, and time I put into that vehicle is
for *us*. I don't expect the next person to pay me back for it. "Look,
I have receipts!" Yeah, well, receipts can't cover up bad taste. :-)

But $100K later, and he still can't take it camping this weekend? Man,
someone ripped him off. Too bad that someone is him.
--
Mike Stewart