In the auto body business I see it all the time. Someone will put $5,000 into a $2,000 pickup and try to sell it for $10,000.
Just one of the facts of life. The only value something has is what someone is willing to pay for it.
Last week, I saw an ordinary looking M with a thousand dollars worth of new tires bid to $1900. It didn't sell, 'cause the auctioneer said he needed $2300 for it.
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
... [Read Article]
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