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Lesson Learned, Or, the art of missing a deal.

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RCP

06-21-2001 06:00:21




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About a month ago, I met a guy at the storage place, where I pay rent to keep all my junk/toys,(depends on who you ask), he was cleaning up a very nice 1950 8N, new tires, very sharp tractor, he blasted it for 20 minutes with a pressure washer and it fired up on the first try, purred like a kitten,, still 6 volt system,that's what impressed me, had a woods finish mower behind it, also has a rear blade, lift pole, turning plow, and disc. Said he was on his way to try to sell it to his neighbor, wasn't sure what to ask for it. Wanted to know if I had any idea what it may be worth. I said "Sure do, I have an 8N, just about as nice, and with all the equipment you have with yours, why I wouldn't take a penny less than 3500.00 for the package". He said thanks, and we went about our ways. Yesterday, I saw the 8N back out at the storage place and the fellow was tinkering with something or other, I said "Hey, still got that tractor for sale?, I'll give you 2500.00 cash today for it.", His reply, "Nope, a man told me a while back that I'ld be a fool to take less than 3500." Ah well, live and learn. Maybe next time.

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Ray

06-21-2001 15:42:19




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 Re: Lesson Learned, Or, the art of missing a deal. in reply to RCP, 06-21-2001 06:00:21  
You helped out a new friend in need of advice, watch, it will come back to you 10 times. be proud of what you did and never be afraid to help again
thats what we are here for right?



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Andy - Hammond, LA

06-21-2001 13:01:12




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 Re: Lesson Learned, Or, the art of missing a deal. in reply to RCP, 06-21-2001 06:00:21  
Ahah! I see that you got caught in your tangled web of flattery! Watch out, the spider is coming to sit down beside you!

hahah!

third party image

Andy



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john

06-21-2001 10:51:13




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 Re: Lesson Learned, Or, the art of missing a deal. in reply to RCP, 06-21-2001 06:00:21  
I'm sure that many contributors to this forum have been "challenged" by a "what's it worth". I tried to be honest about a value and hoped my time and effort would result in an option to buy (two tractors, not running) Nope. A friend of the deceased owner got one and a grandson got the other. OK, maybe next time, but I was as honest as I could be. Gosh, that hurt but the alternative was to compromise myself. Nope.

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tlak

06-21-2001 07:29:17




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 Re: Lesson Learned, Or, the art of missing a deal. in reply to RCP, 06-21-2001 06:00:21  
So whats right? So if you tell and give a fair price you get praise for your integrety, but then you also get praise for "Look at the deal I got". I got a deal on a set of pie weights. I was at an auction and a set was going with a 4000. Several farmers were standing around looking at them and I was about to jump in the conversation with those sell for $300-600 on the net when one of the farmers turned to the one next to him and said I have a set that I'll sell for $50. This $50 set is setting in my barn. Then theres the deals staring you in the face and you dont recognise them. A guy was selling a 59 Ford daully dump and two trailers. I could have bought all three, sold the two trailers and kept the truck for free-$500.

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roperboy

06-21-2001 07:53:07




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 Re: Re: Lesson Learned, Or, the art of missing a deal. in reply to tlak, 06-21-2001 07:29:17  
there is a difference there. that guy just piped up and said what he would take for them. he didnt ask you what they were worth. i'm not against getting a good deal. all i am saying is when someone doesnt know what something is worth and they ask a knowledgeable person they should be honest about it.



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when your right, your right! swavo

06-21-2001 12:12:43




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 Re: Re: Re: Lesson Learned, Or, the art of missing a deal. in reply to roperboy, 06-21-2001 07:53:07  
:)



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Phil (VA)

06-21-2001 07:20:33




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 Re: Lesson Learned, Or, the art of missing a deal. in reply to RCP, 06-21-2001 06:00:21  
Shoot, where is he located? If he's close to me, I might give him that?



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roperboy

06-21-2001 06:36:09




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 Re: Lesson Learned, Or, the art of missing a deal. in reply to RCP, 06-21-2001 06:00:21  
lesson learned, the art of integrity. you honestly told him what it was worth. thats worth a whole lot more in my book. you know what they say, integrity is doing the right thing when no one else is looking.



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Andy - Hammond, LA

06-21-2001 13:06:54




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 Re: Re: Lesson Learned, Or, the art of missing a deal. in reply to roperboy, 06-21-2001 06:36:09  
Obviously not worth enough to buy the ole' tractor.



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Tom Andersen

06-21-2001 13:19:42




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 Re: Re: Re: Lesson Learned, Or, the art of missing a deal. in reply to Andy - Hammond, LA, 06-21-2001 13:06:54  
I'll tell you what, one day there was two frogs that got put in to a pot of boiling milk, each tryin to get out. One figured to give up, while the other kept flappin his froggy little arms, until he was standin on a hunk a cheese.



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Dave 50 8n

06-21-2001 15:04:18




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 Re: Re: Re: Re: Lesson Learned, Or, the art of missing a deal. in reply to Tom Andersen, 06-21-2001 13:19:42  
you just described working for the (a) state.



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ummm

06-21-2001 13:24:37




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 Re: Re: Re: Re: Lesson Learned, Or, the art of missing a deal. in reply to Tom Andersen, 06-21-2001 13:19:42  
uhhh we gotta try that hahahhehehehahahuhuhuh



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