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"WaIIy" wrote in message ... On 21 Mar 2005 08:38:28 -0800, wrote: Some folks might find it of great value to unload their used boat fast at a very low price. Other folks might never be able to live down the perceived loss of their initial investment and prefer to wait for an imaginary buyer, leaving the task of selling the boat to their heirs upon their demise. So the real market price would be what two rational people, a buyer and a seller, come to agree upon as a fair and "rational" price based upon costs incurred by the initial owner, costs which will be transfered with the purchase to the next owner, with some allowance for emotional attachment of either party distorting the mix. Well said. He is missing one important part of the mix.....the supply and demand for like boats....what may be a 'fair and rationale' price goes out the window when there is a sudden influx of newer boats being dumped on the market by laid off dot com'ers. :-) |
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