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By the way, are you familiar with the term "Not economically repairable"? Before you would spend $5,000 on a 1984 motorhome, you have to consider:
(1) what is the motorhome worth now?
(2) what will the motorhome be worth after I spend $5,000 on it?
We're talking about the difference between selling a motorhome that is not running, and selling a motorhome that will run.
I'm afraid there wouldn't be much difference in the price, and you'd just be pouring money into something that you could never recover. The only exception would be if you intend to keep the motorhome for a long time. |