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Post  SuperDave Thu May 24, 2012 12:26 pm

Most everyone here needs to take a good course in Economics 101.

Pay particular attention to the law of supply and demand. lol!
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Post  ahrma_581 Thu May 24, 2012 1:20 pm

SuperDave wrote:Most everyone here needs to take a good course in Economics 101.

Pay particular attention to the law of supply and demand. lol!

Isn't that taught in the School of Hard Knocks?
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Post  RknRusty Thu May 24, 2012 1:22 pm

ahrma_581 wrote:
SuperDave wrote:Most everyone here needs to take a good course in Economics 101.

Pay particular attention to the law of supply and demand. lol!

Isn't that taught in the School of Hard Knocks?
The ones with limited funds probably learn faster. I've never paid more than $32 for an engine. My only purchases have been two 1994 NIB Black Widows and a clean TD .051.

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Post  nitroairplane Thu May 24, 2012 1:48 pm

I have never payed more than 320 for an engine.
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Post  GermanBeez Thu May 24, 2012 1:52 pm

i always set myself a budget.
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Post  RknRusty Thu May 24, 2012 1:56 pm

nitroairplane wrote:I have never payed more than 320 for an engine.
!Blows coffee out of nose!

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Post  SuperDave Thu May 24, 2012 2:59 pm

ahrma_581 wrote:
SuperDave wrote:Most everyone here needs to take a good course in Economics 101.


ahrima:

Indeed it is taught at the School of Hard Knocks! It's the very first lesson in fact. You must have been napping in the Sonora Desert.
Pay particular attention to the law of supply and demand. lol!

Isn't that taught in the School of Hard Knocks?
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Post  SuperDave Thu May 24, 2012 3:03 pm

arihma:



Yes it is! Apparently over-eager engine buyers were napping.



"Caveat emptor, baby!" - Arnorld S.
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Post  nitroairplane Thu May 24, 2012 3:08 pm

RknRusty wrote:
nitroairplane wrote:I have never payed more than 320 for an engine.
!Blows coffee out of nose!
On buying Cox engines.................... Gkh5j
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Post  Ivanhoe Thu May 24, 2012 3:10 pm

Duuhh! can anyone explain why I don't understand a good half of this thread??? lol!
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Post  ahrma_581 Thu May 24, 2012 3:12 pm

nitroairplane wrote:I have never payed more than 320 for an engine.

Pffft.







Oh wait, that's 320 Pounds.... Smile
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Post  microflitedude Thu May 24, 2012 3:18 pm

RknRusty wrote:
ahrma_581 wrote:
SuperDave wrote:Most everyone here needs to take a good course in Economics 101.

Pay particular attention to the law of supply and demand. lol!

Isn't that taught in the School of Hard Knocks?
The ones with limited funds probably learn faster.

Yep, I buy a lot of engines, but I also sell the same amount that come in, making a few bucks here and there.
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Post  ZACATTACK Thu May 24, 2012 3:33 pm

There are Cox motors out there that have been sold for much more then $320...I dont understand the "sticker shock" of that number or am I mis-interpreting this thread? Off-Topic for a second... going into the world of Turbine Jets...$320 is the price of fuel you will burn in one afternoon . If your on a budget..stick with the smaller aircraft because the bigger you go ... the price just follows suit. If your collecting engines from different manufactures of the 50's & 60's..$320 is not alot of money....Or let me say this ...$320 is not a lot of money today Period!! Just the way it is.
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Post  John Goddard Thu May 24, 2012 3:44 pm

nitroairplane wrote:I have never payed more than 320 for an engine.

OMGAWD Pounds????????????????????????????????

BTW
Man what turbine is that?
Or are we talking full size?

Final observation
When I was little my Great Grandma gave me a Queen Victoria Diamond Jubilee Mug. Being the little so and so I was, I
took it to the local purveyor of Tat who offered me £50 (I could have bought a new bike and quite a bit of Cox gear
for that) for it saying "of course they made an awful lot of these so one day it might not be worth as much"........
Fast forward 40 years and a lot more of the several million they made have now appeared and they are worth about
bugger all now even though they are 115 years old.
They made an awful lot of Cox engines.
I'm not a gambling man but I'd put money on the fact we are close to,if not past peak price territory.


Last edited by John Goddard on Thu May 24, 2012 4:02 pm; edited 2 times in total
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Post  microflitedude Thu May 24, 2012 3:54 pm

John Goddard wrote:
nitroairplane wrote:I have never payed more than 320 for an engine.

OMGAWD Pounds????????????????????????????????

BTW
Man what turbine is that?
Or are we talking full size?

Turbines cost much, much more. I think that's what he paid for his little diesel from Valentine.
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Post  John Goddard Thu May 24, 2012 4:00 pm

He said the cost of an afternoons fuel Matt
Not the cost of a Jetcat, Wren etc.
Very Happy

P.S.
We still don't know the currency?
Big difference across the globe particularly if it was in Lira
lol!


Last edited by John Goddard on Thu May 24, 2012 4:03 pm; edited 1 time in total
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Post  Ivanhoe Thu May 24, 2012 4:02 pm

nitroairplane wrote:I have never payed more than 320 for an engine.

Nor me, that is 320 pence, right? lol!
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Post  SuperDave Thu May 24, 2012 4:09 pm

Thought to ponder:

Why is it you Brits still maintain an archaic monetary and we in the US have such a goofy system of measurement? On buying Cox engines.................... 3929217648 On buying Cox engines.................... 3929217648 On buying Cox engines.................... 3929217648
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Post  John Goddard Thu May 24, 2012 5:09 pm

You're thinking pre decimilisation (1971) Dave it's all 10's 100's and
Thousands these days.
I grew up in a time where the 'oldies' all moaned about
The 'new money'.... Very Happy
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Post  Ivanhoe Thu May 24, 2012 5:53 pm

[quote="SuperDave"]Thought to ponder:

Why is it you Brits still maintain an archaic monetary and we in the US have such a goofy system of measurement? [img]

No, that was in the days when we had REAL money, £sd, ("librae, solidi, denarii" went back to Imperial Rome) not this "pounds and pence" rubbish we have now, and your measurements are the RIGHT ones, miles, feet and inches go back thousands of years, this French-invented "Metric" that is forced on us now is only around 200 years old. Most folk here, other than children who know no better, never, ever, say "It's 6 kilometers away" EVERYONE says "it's X MILES" and I am very glad to say that Northern Ireland road signs still give distances in miles!
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Post  Jason_WI Thu May 24, 2012 5:54 pm

I never paid more than $760 for a Cox engine...... See my avatar.

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Post  Ivanhoe Thu May 24, 2012 5:55 pm

John Goddard wrote:You're thinking pre decimilisation (1971) Dave it's all 10's 100's and
Thousands these days.
I grew up in a time where the 'oldies' all moaned about
The 'new money'.... Very Happy

Some of us still do, Mate!
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Post  ahrma_581 Thu May 24, 2012 6:04 pm

Ivanhoe wrote: Most folk here, other than children who know no better, never, ever, say "It's 6 kilometers away" EVERYONE says "it's X MILES" and I am very glad to say that Northern Ireland road signs still give distances in miles!

That explains something I've always wondered about. Gasoline is dispensed in liters (to keep Brussels happy, I suppose) but the Brit classic bike magazines always mention mileage in 'miles per gallon'.

Imperial gallons at that, so we colonials can't compete with our smaller US gallons...
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Post  Kim Thu May 24, 2012 6:47 pm

I LIVE by the Law of Supply and Demand: "It's There...I Want It !!!"
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Post  Cribbs74 Thu May 24, 2012 7:47 pm

I don't understand this thread either. Was there suppose to be a link Dave or did you just feel like sharing some wisdom? Very Happy

At any rate..... Ebay is a good lesson in demand but the thing is the supply is near unlimited so it kind of throws a wrench in the Supply vs Demand theory.
If demand is high and supply is low prices should go up and vice versa.......

However, demand for Cox engines is high and supply is also high so why are we paying $100+ for dinky used engines?

My theory is greed and deep pockets. Or a credit dependent nation. Buy now and pay later! Seriously that's the garbage I see every time I go to checkout on Ebay.

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