> From: "Lonn Howard" <hoops@owt.com>
> Subject: If I Was A Rich Man...
>
> Scanning the local paper I came across an add for a '68 Jag XKE and a
> '54 Jag XK120. My heart started racing, a '54 XK120! I called and he
> still had the car so I dropped by to take a look. I was hoping (no,
> PRAYING, and I'm not a religious man) for an ignorant seller. When we
> walked into the backyard and he had a four bay garage occupying a large
> chunk of real estate I knew my fervent prayers had gone unanswered. He
> knew what he had.
>
> OK, now to the rich man part. The car is in condition 5, and he is
> asking US$13,500 which is a fair price. It would take about US$20,000
> to restore the car, for a total investment of US$33,500. In condition 3
> the car is worth $37,000 to $45,000, and a good restoration would
> produce a condition 2 car which would command an even higher price. Get
> the picture?
>
> So. Who is going to loan me $33,500?
> Lonn Howard
This brings to mind the saying that the best way to make a
small fortune restoring British cars is to start with a
large one. ;-)
Dave
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