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Milwaukee 261 update
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<P mce_keep="true">[quote user="cprted"] <P style="MARGIN: 0in 0in 0pt">[quote user="Bucyrus"] <BR></P> <P style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'"><FONT face=verdana,geneva size=2>Given the cost of acquiring another locomotive, why would Sandberg not simply buy #261 for $225,000, put the $500,000-700,000 into the needed boiler work, and run it?<SPAN> </SPAN>It seems like that would be the lowest cost option.<SPAN> </SPAN>It would be far less expensive than the lease deal offered by NRM and rejected by Sandberg.</FONT></SPAN></P> <P>[/quote] Because it is very clear from the posts on the matter that while Mr. Sandberg is willing to restore and operate someone else's locomotive, he doesn't want the financial liability of owning a locomotive himself. </P> <P> If $900,000 to buy and repair the 261 seems like such a no brainer, why don't you buy the locomotive and lease it out? <BR></P> <P>[/quote]</P> <P><FONT face=georgia,palatino size=3>Because I wanted to let Sandberg do it. Today, I rest my case.</FONT> [;)]</P>
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