Or the time. When you've been given a hard one-week deadline to produce something, you can commit to writing something that works with a lot more confidence than you can commit to figuring out somebody else's piece of garbage.
Most rewrites I’ve seen are huge system replacing projects that came over budget and often missed requirements. I’m not saying there are no legitimate reasons for rewrites. But when people bring it up, I think you need to ask a lot of questions.