Quote:
Originally Posted by Tomas Bouda
ok, good points. i could pick this bass up for $3,000. but, his widow was saying that any repair costs will be taken out of the asking price, which is pretty awesome. my only concern is that i've heard estimates of around $5,000 to fix it up. the wood and materials (and hardshell box) are worth more than the asking price.
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This is what we call 'negative value'. The bass if offered for free could be a loss if the repaired value is not higher than the total costs.
When I sell a bass, I usually deduct more than the amount for repair from the total price as the buyer is the one taking the risk and deserves some 'wiggle room'. Never buy a bass for just the repair costs deducted. You deserve some risk factor expenses as well.