Re: 95 2wd High Top SMB
By the way ---
Hey, this just occurred to me:
Wanted to say "sorry" if anyone (at all) felt that my last reply to this post came off, in any way, like I was disparaging your friend/neighbor for his large mark-up on the SMB he's flipping, or that I was trying to ding his attempts at a sale. Definitely wasn't meant as a dig against the guy. More than anything, I was marveling at the wide spread of personal valuation that people place on these older SMB's when they go to sell them.
Free-market enterprise is a good thing!!!
This latest seller was the quickest "early bird to the worm" on that rig when it sold a month ago, and it was an excellent, WAY-below-market price buy. So of course gotta wish him well in doing well on the re-sale. He apparently is diligent, knows a good buy, does his homework, and is committed to the process. From the sound of things, if he does this as a regular hobby, then he knows these SMB's well....and I'm sure he goes through them pretty thoroughly before passing them along for sale, so he is indeed adding value. All good stuff.
That said, I will admit:
I'm kind of bummed knowing that there's speculators who see the SMB market (as well as any other limited resource, like good housing out here in SoCal) as a place to jump into for flips and make quick money.....but that's economics. But on the plus side.....a certain percentage of "flippers" in the market DOES help "preserve" the overall value of our older SMB's, so there's yet another positive element.
At the end of the day:
I think most of us hope for these well-preserved older SMB's to be financially accessible....and end up, at a reasonable price, in the hands of people who truly appreciate them and will use them/maintain them, and just in general keep them "out there" doing what they were built for.
More cool people in more SMB's of all vintages = more SMB family out there to connect with and enjoy this all together.
'95 Ford E250 RB30 PH