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To: Does so; Karliner

“I’m going to repaint my 1995 Nissan pickup. My 1971 Volkswagen Westfalia Camper is presently in a restoration shop. Have you seen auction prices on drivable cars from the 60s and 70s? ==8-O

Yes, it’ll be expensive but, given the newest cars that dealers can’t fix, I expect to drive it as long as I can still drive.”

Good on you both! It is not expensive at all in comparison to the cost of a new car with interest and the huge one... “Depreciation”. The value of a new car drops about 30% as soon as you drive it off the lot.


28 posted on 01/18/2022 3:29:04 AM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: Openurmind

“The value of a new car drops about 30% as soon as you drive it off the lot.”

Before that.
As soon as you and the dealer sign the DMV paperwork for title transfer your brand spanking new car that you haven’t put one mile on becomes a “used” car.


41 posted on 01/18/2022 5:33:29 AM PST by oldvirginian (So if a cow doesn’t produce milk, is it a milk dud or an udder failure?)
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