You are the Buyer:
You have recently inherited $110,000 from your parent’s estate and want to buy a vintage car for your friend. He has helped you all through your business and life’s challenges and you want to do him a favour to say ‘thanks’ and celebrate your friendship.
At the Mercedes Delight Vintage Cars on-line website you found a vintage 1979 Model Mercedes Benz you know he would like. The price was not listed.
You know your friend loves Mercedes but likes Aston Martin and Porches a little bit also
You can spend all the $110,000 if need be however you have 2 sons and a daughter and you want to give them some money as well.
Negatives:
You don’t really want to pay more than $80,000 and less if possible.
The car is in Sydney and you are in Perth. You don’t want to pay for transport, insurance etc. for the vehicle to be delivered in Perth.
You friends 50th birthday is on May 15th so the car would have to leave Sydney by May 4th to arrive in Perth a few days before the birthday party.
You’ve looked on-line for Mercedes in Perth and the other Australian capitals and it appears this is the only vintage 1979 Mercedes currently on sale Australia wide.
You are concerned about the cost of licence fees and cost of insurance.
This is for your best friend for more the 35 years
If the Mercedes is too expensive then you might choose a lesser car however your friendship is important and the Mercedes would be perfect.
You do have a second hand 2012 Holden you could trade as part of the deal if need be but you would want to get $15,000 minimum for it.
In your normal day to day business you own a travel agency specialising in short term tours to Asia and longer trips to Europe and the USA.