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Gimme_my_MME

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I believe the seller said the reserve was in error and the bidder would be getting it, but still this is a lot of money for an F-150 with some large limitations....
Ah, the old "let's complete this transaction elsewhere to get around the fees" trick
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NmbrsNvrLie

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greenne

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I see we've gone from flipping houses to flipping vehicles.

Hmm....an "asset" that typically(in a normal market) depreciates and subject to extreme supply/demand cycles. What could possibly go wrong.

<grabs popcorn>

The crash down to earth for some of these folks is going to spectacular....

At least in the home market there is some base value-- outside of an extreme circumstance a home itself is relatively safe investment. I guess we'll see . Not a risk I'm willing to take...
 

NmbrsNvrLie

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You assume I am overleveraged or don't otherwise want the asset for the price I paid. I actually love the truck and would be totally fine if it depreciates per normal (although I don't think that's likely as it will take years for supply to catch up to demand). I've also got a long list of family and friends who would quickly take it off my hands at MSRP.

However, for a certain price, I'll drive a beater and wait again. Not actively trying to sell, but I do have my price.
 

Roy2001

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