skeze wrote:
one more thing just to see if i am getting this right...for example I found another mule just now.dude wants 1350 for it i talked him down to $1005,told him what my plans were and why i needed to keep it at that price and gave him two $100 gift certificates to "PaPPadeaux's@ do the gift certificates count as money or not? also i understand that you can only recoup the amount of $1005 in cash from sales .but I only recoup $1004 leaving $1.50 to play with or wiggle room for trading
which is fine...but lets say i still have alot of good parts left over can i trade those parts for other different parts that I may need like trading the air conditioning system for an exaust system, a set of perfect leather seats for some awesome coil overs? ect.. ect..
in this example, the only possible way that the gift certificates would NOT count is if they were available for free to anyone in the world and you just happened to be the person who got them, and even then I believe they'd still count because they are "the same as cash".
you can trade anything for anything as long as their FMV's are similar and you can prove that similarity. example of proof could be the CL ad you placed to get the trade going, ie "hi i still have alot of good parts left over, would like to trade the air conditioning system for an exaust system, a set of perfect leather seats for some awesome coil overs, ect ect". or you could post a "what's this worth" thread on a message board and use the low / average / high response as your FMV depending on whether you're the buyer (low), the seller (high), or trying to ensure that you don't anger Per (average).
you can also trade parts to / from yourself, again as long as their FMV's are similar. an example from my first challenge build back in '02: i had a spare transaxle from my parts car, and i had a flywheel/clutch disc/pressure plate in my stash from a previous project. from responses to a "what's it worth" thread on a corvair mailing list i knew each side of the trade was worth about $250, so I made the trade and documented it in my build book.