Re: [MV] f/u on HUMMVEE

Tim Clark (glengar@bellatlantic.net)
Sun, 08 Aug 1999 00:17:00 -0400

Michael Howell wrote:
>
> In response to my previous post, I got the following three replies.
>
> -------Now I would
> like to see a discussion on some of the other issues. I can't see
> giving $20,000 for what has been described, i.e. bare M998's with no
> doors no top no seat cover etc., with rusted frames and off road use
> only. Add this to not knowing the condition of any of the vital parts,
> i.e. motor, trans, fuel system, brakes etc. and no test drive. I'm
> thinking $5000 to $10000. What do the rest of you think? Are there
> really 300 of you that plan to go and pay $20000? And what about this
> frame problem with 1985's.----
>
> ------They are still worth $25,000...as is....where is........What is
> missing is
> around cheap...finished...the vehicle is worth $40,000..1SG PANTANO
>
> ------Approx. 80 have sold in the last 30 days from 17,500 to 21,500
> from memory.
> The price may go down when they dump 600 though.
>
> ------and on the other hand i think they will sell for about 15-20,000
> as for the
> parts as to repair other countries
> hummvee's that we have given them~~
>
> The third person said he wouldn't give more the $10000 himself.
>
> I know of a frame that brought 10000 at Keesler, but that was 600 units
> ago.
> Even if they are bought for overseas parts, the dealer must allow for
> the
> overhead of shipment, storage, labor to dismantle etc. and a profit
> margin. Also, if 300 people start looking for parts, the price will go
> up. $25,000 is almost half of acquisition price. How much used surplus
> brings 1/2 of acquisition cost?
>
> On the other hand, if 300 people show up with $25,000 to spend they will
> bring
> $25,000.
>
> Mike
> Tishomingo, MS
>
> ===
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Just got my M/V mag today and there is a great article about all this--
Check it out!

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