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To: Mama Bear who wrote (15109)8/31/2000 3:06:08 AM
From: chic_hearne  Respond to of 436258
 
I'll bet you'll get more for that '91 Accord if you sell it tomorrow than you will if you sell it a year from now

Barb,

That's the crazy thing.

Years ago, it was my moms car via a lease. The lease came due and I was just getting old enough to drive.

It was 3 years old with 28,000 miles and had a buyout value for $9380. We did it with $4000 of my money, parents covered the rest.

Seven years later and 140,000 miles later, I could probably sell it for more than the $4000 I paid.

I guess that doesn't say anything about inflation, just the superiority of Japanese car technology.

chic