70 440 HP worth $450 ????

If you've got the disposable cash, be a good friend and loan him the money with the 440 as collateral. Tell him when things get better you will sell him the 440 back for the same money. Times are tough for a lot of folks right now and it were one of my friends, I'd do it.
I would have but he is one of them friends that isn't all that responsible and it would be 20 years before he gets the money. I'm not going to store a 440 for ever hoping he can return the money @ some point. Now that I own it I can build and use it. That was the whole point of buying it. I have some money, but not enough to lend out when I have my own bills to pay.