Doctor Gloom Posted August 28, 2008 Share Posted August 28, 2008 My 1992 Toyota Lancruiser cost £40K new ( still runs like new today). An average 2 bed house cost £40 K in 1992.Last time house prices dropped second hand cars went up in price. Boats became virtually worthless unless you could live aboard. I beg to differ, a man told me that there is massive demand for £100k sailing yachts a while ago. Update, someone told me this same man was drinking his sorrows in a grotty pub a few weeks ago. ;-) Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted August 28, 2008 Share Posted August 28, 2008 The obvious fact that it was built at a loss. Someone paid for it, therefore it had a market value higher than production price (the reasons why that person paid out are irrelevent.) I think reality was that they expected to sell more than they did Quote Link to comment Share on other sites More sharing options...
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