How to read the refrigeration price tag: $100,000-plus for a new model
A new refrigeration unit has a $100-million price tag and the seller is hoping to make it happen for less than that.
The appliance is a replacement for the older Allen unit that cost about $150,000 to build.
Its a $400,000 replacement for a similar model that cost $300,000.
If it’s a cheaper unit, it could save buyers thousands of dollars.
But it’s still not clear how much the buyer will be saving in taxes or insurance.
So the seller hopes to get the price down to $100 million.
“We would love to get this done for less,” said David Smith, the chief operating officer at Allen’s in New Brunswick.
There are still a lot of questions about the replacement.
Is it worth $100M to make a $600,000 refrigerator?
The seller says it could cost about as much to build the same unit, but that’s a guess.
Can the replacement cost $100m to build?
It depends on the type of refrigeration system you’re talking about.
How much would it cost to buy the same refrigeration model from the factory?
The company says it doesn’t expect to make much money off of the new model, but would like to sell it.
Smith said it’s unlikely that it will make much profit on the sale, but he says they’re going to sell the appliance for as much as it costs.
What if it breaks?
The buyer might have to pay for repairs, but the manufacturer says it’s okay.
Allen’s has made several other similar refurbished Allen units in the past.
It would be an enormous undertaking.
Will the new one fit?
The manufacturer says the Allen unit will fit a wide variety of home refrigeration systems, but there are a few big differences.
One major difference is that it doesn