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They leave these ad's up because they think that, sooner or later, someone with no brains and lots of money to burn is going to fall in love with their junk and pay their asking price. Heck, I'd be a multimillionaire if my junk was worth what most everyone on CL thinks their junk is worth.
There's a vendor at the local flea market who has a bunch of overpriced radios that I know have been out there at least 10 years. I've tried to talk with him; but, he let me know that they were priced and he wasn't coming down. He's another one that thinks that the right person will come in and buy his junk.
As far as CL goes, it's more for entertainment than anything. I get a good laugh everytime I see one of those gaudy '70's particleboard console stereo's priced a $600. And, the few things that I see that are reasonable are usually listed by flakes who either change their mind when someone shows interest or they simply don't even respond to emails. I think I've actually gotten 2 things off of CL in the past year: a late '50's Magnavox mono console phonograph and a '38 Philco table radio.
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