Not sure I follow that logic. Selling a $20 for $5 is not the same as selling parts off a $500 tractor for $1200.
In your example it is a loss, in my example it is a gain.
Edit: after re-reading I kind of see your point. Even if he only paid $500 for the tractor it is technically WORTH more than that to the right person.
But if that right person never comes along or they deem your price too high then you are still stuck with the parts and no $$ in your pocket! Therefore it is worth less than you paid. If it were a rarer tractor then the price might be higher but you'd be waiting longer. If it were a more common tractor you might wait less time for a buyer but you would likely have to settle for a lower price as there would be more available.
This post was edited by Inno at 12:35:10 06/23/10 2 times.
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Today's Featured Article - A Tractor's Point of View - by John Manley. I began my life on August 3,1941. I was actually built at different times and days but I was officially an M Farmall on August 3.I was real nice and shiny. That�s me, in the old picture, third from the left. I was loaded on that train and sent to a little town in South Carolina. I didn�t get to see much of that town. I was moved off the train fast and on to the dealer�s
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