| rangerfan |
08-28-2006 03:48 PM |
Interesting discussion and some valid points. But if you are interested in the amount of depreciation you should expect on your depreciating asset, you spent more than you should have and should be driving a different car. A car is generally the most expensive depreciating asset a person will buy. Go buy a Honday Accord and enjoy the slowly depreciating asset. :)
You cannot focus solely on the sale price of the used car. You also have to consider how you paid for the car at the start, what the interest rate was, how much you are losing not being able to use the additional money you spent on the car, etc.... This is an emotional purchase, and sdogg made the most accurate post on the board. Go reread the 2nd post in the thread and you'll agree with me.
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