At first glance it does look nuts , but having worked in dealerships for a dozen years , there is some sense . But as I kept looking I think obsessed is the word .
I've seen collections of mechanics that have died , which is the reason most collections get sold , sell for less than 10% of their original sales price . Kind of goes back to the beginning of this thread . Snap-on makes a good profit selling to franchise dealers , who mark-up at least 150% . Then get you signed up for credit @ 22-24% interest , making more profit for Snap-on .
I added up my receipts from Sears , Mac , Matco , and Snap-on once , and found 60k worth . Of which lots have been permanently borrowed , or now that I'm not in a shop , broken and sitting in a box waiting to be replaced .
But YES , that looks to be totally nuts . I kept 2 sets , 1 in shop , 1 @ home , and have nowhere near that .
I've seen collections of mechanics that have died , which is the reason most collections get sold , sell for less than 10% of their original sales price . Kind of goes back to the beginning of this thread . Snap-on makes a good profit selling to franchise dealers , who mark-up at least 150% . Then get you signed up for credit @ 22-24% interest , making more profit for Snap-on .
I added up my receipts from Sears , Mac , Matco , and Snap-on once , and found 60k worth . Of which lots have been permanently borrowed , or now that I'm not in a shop , broken and sitting in a box waiting to be replaced .
But YES , that looks to be totally nuts . I kept 2 sets , 1 in shop , 1 @ home , and have nowhere near that .