Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (171992)	12/17/2008 12:37:58 PM
From: Think4Yourself	Respond to of 306849

FWIW, the Toyota couldn't have picked a better time to start dying! :o)

To: ChanceIs who wrote (171992)	12/17/2008 12:59:30 PM
From: BWAC	Respond to of 306849

>>>the velocity of money is just crashing<<< No the velocity has crashed. Its not completing its circle as it instead goes into hibernation at the banks. Think of it as doing about 180 degrees around a circle and then disappearing. The second half of the circle is starving for money flow.

To: ChanceIs who wrote (171992)	12/17/2008 1:10:51 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 306849

money supply has gone parabolic in the last 25 years, yet GDP has been declining, as denninger says, the last 10 years of 'growth' is basically debt saturation so just a reminder: 'There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved.' - Ludwig von Mises i think the only reason the market is holding up is the anticipation of the mother of all stimulus plans, you remember how well the last one worked, right? oh wait, it was just too puny to work....

To: ChanceIs who wrote (171992)	12/17/2008 3:33:37 PM
From: Night Trader	Read Replies (1) \| Respond to of 306849

I can vouch for the Avalon. I've had a '97 for 4 years and it's been trouble free other than some noise from the front struts which is apparently generic to some model years. It's Toyota's largest sedan and their flagship car, essentially Lexus quality at a discount. Reliabilty is the main factor for me and from from doing a lot of research before buying the 3 most bullitproof large sedans were the Camry, Maxima and Avalon. Mine has 185K miles now and the V6 should go a 100K more without trouble. Very smooth and comfortable ride with nice acceleration for a large car.

To: ChanceIs who wrote (171992)	12/17/2008 3:51:23 PM
From: energyplay	Respond to of 306849

The Avalon is basically a stretched Camry. en.wikipedia.org See Second generation. 2000 miles with gasoline around $2.00 is not bad, just get the wheels aligned, belts & hoses checked, and change the oil before the trip. If you don't like the Avalon, you can probably sell for an okay price. The Washington DC area economy is holding up well, that may reduce chances of getting a good deal on a MB, or mean you have to wait longer.