craigslist Flipper on CL

I happen to know that this guy just bought this truck for 10k about 2 months ago. now hes trying to get 26. What an (fill in the blank)!

This is whats wrong with the 40 market.

1977 fj40 landcruiser

 

[daniel.watters]

Yup. There are a few on this forum that do the same s***. And yes, that why the market is so comical right now.

 

[Spike Strip]

And it's ALL stock (except for the chebby V8).

Good luck to 'em. There's a reason the seller didn't show any engine or undercarriage pix.

Classic car values are crashing, but nobody in the car press will tell you that because they want their jobs to not go away. It's just an asset class that's ready to pop.

Next month's Sotheby's auction will be very telling.

 

[overton]

Irrational exuberance

 

[cbmontgo]

He was crazy to pay $ 10k for it in the first place.

 

[LandCruiserPhil]

Why the hate. I say good for him as long as he is honest on the condition of the vehicle for sale.

The hate should go to the Greg Mushroom of Vintage Off road of the world that has NEVER sold a vehicle with full disclosure.

If you are of the belief that free enterprise and capitalism is a bad thing then you live in the wrong country.

 

[daniel.watters]

Irrational exuberance

That's right Mr. Greenspan.

 

[SEAWOLF]

Deleted...should have posted a screen capture