Hmmm, let's see - assuming the Spitfires were in reasonable
condition today that's about 2 million. An early Jag (outside
bonnet locks, separate bonnet louvers), let's give that 75K max.
2 mil minus 75K divided by 75K equals a loss ratio fuctor of 26.7
Not counting storage and care and feeding the Spits this is almost
as bad as the Ferrari California Spyder my friend Ted turned down
for 30K in the late eighties - and the vendor called back several
times, begging to be unloaded.
Mike L.
60A,67E,59Bug
----- Original Message -----
From rob thomas <rob at thomasr.greatxscape.net>
To: spridgets <spridgets@autox.team.net>
Sent: June 3, 2000 6:52 AM
Subject: Bad move (Some LBC and BBA)
> Flew to Greece last night (and back) with a Captain who managed
to get on
> the waiting list for the E-type Jag when it first came out.
He'd had it 2
> years and hit the front end once but it was still a valuable
commodity.
> Somebody offered him a swap....
>
> "Your E-type for my Mk9 and Mk14 Supermarine Spitfires up at
Fairoaks
> Airport?"
>
> "No thanks!"
>
> Now, that WAS a bad move.
>
>
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