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KBBS Archive 20,000
Re: So what's it worth?
Posted By: Ian Johnston
Date: Wednesday, 19 January 2000, at 2:08 a.m.
> My estimate is that $70 worth of wood becomes $3000 worth of strips. $3000 >worth of strips becomes $8000 worth of hull and deck.
The only thing to add to this is marketing. If I can convince you that my $500.00 kayak is worth $5000.00, because George is selling his for $8000.00, then we have a different game.
I think, in the end, the value of your kayak is based on two numbers;
1- the lowest price you will sell it for.
2- the highest price someone will pay to own it.
(Isn't there some fancy name that ends with the word "co-efficient" that would quantify this value??) {:o)
Ian
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KBBS Archive 20,000 is maintained by Nick Schade - Guillemot Kayaks with WebBBS 5.12.
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