Business: Millions More

Though he has publicly shown just one handmade model, Preston Tucker has somehow managed to raise over $20,000,000 to finance production of his rear-engined Tucker '48 (TIME, July 7 et seq.). Last week, Promoter Tucker announced an ingenious scheme (which the SEC is carefully watching) to raise millions more. He wanted to sell radios, seat covers and other extra accessories to prospective car buyers for $270 a set. They could take delivery in six weeks or wait until their cars are delivered. In return for paying for the extras now, the purchasers would get a priority number for future delivery of...

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