VolvoRyan
Well-known member
So, are you one of the customers willing to pay 30%+++ over MSRP on a new vehicle at your local dealer?
Why would I buy a new car? Where's the fun in that? This is Garage Journal. I only buy cars that need immediate mechanical overhaul.
Kidding aside, all my fancy tools have my wife and I driving cars well above our pay-grade, and for leasing-a-compact money. Some of the classic models in the garage are apparently appreciating faster than my outlay for tools. When I had a little side-hustle, that even bought me tools.
A fool and his money are easily parted.
These are *series production* tools. There is nothing limited edition or rare about them that should make you decide to pay multiple times what the MSRP is. MSRP is FULL RETAIL.
Please, please, please learn from this and be a smarter consumer. Your pocket book and your financial future will thank you later.
Speaking of.... (and you painted yourself into this corner).... tools provide DIY, and DIY saves huge money. The market you speak of also affects the costs of professional repairs. Thus, the margin for financial savings between buying tools and paying for repairs stays largely the same.
Let's also not forget the cascade of knowledge (can you put a money value on this?).... basically, troubleshooting.... that comes from repairing complex electrical and mechanical contrivances. This can all be ported to other stuff (AKA broken things). As a new homeowner, I was surprised that basic furnace troubleshooting isn't that different from old cars.
In short, I disagree with your thesis.
-Ryan