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Old 09-03-07, 10:00 PM   #18 (permalink)
BigB98
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Re: GT40 Mark I Replica project car for sale:

Quote:
Originally Posted by Wolfman View Post
Yea it still stings me that I missed this chance to own a running GT-40 within my budget by mere hours...now its like pouring some salt into a old wound. I know how priorities change but think that a $15K profit from a 6 month "investment" is a bit too much for most of us here to bite on this one right now. Maybe he'll offer a more reasonable starting reserve after the auction ends tomorrow...
It's only too much profit if he can't sell it for that price. My wife buys and sells antiques and you wouldn't believe how much money she makes on the stuff she buys from garage sales, etc. It's a different money scale to be certain, but just because she got a good bargain on something doesn't mean she should limit her profit to make everyone feel ok....same could be said for Mike. If he can get it, good for him.
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