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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (36756)	2/25/2010 3:01:38 PM
From: Steve Felix	Read Replies (1) \| Respond to of 78750

A 1992 Toyota Camry was the best car we ever had. Probably still would, but the wife was unlucky enough to be under the wrong tree in a wind storm. Bought her a new one in 2007, and I parked my truck and drove the old one until six months ago when I sold it for $800. A great return on a 16k investment imho. Best investment is my 1988 Toyota pickup which I still drive today. It had 4k miles when I bought it for 8K. I have now gone from people asking me when I was going to get a new truck, to people asking if I am willing to sell it.

To: Jurgis Bekepuris who wrote (36756)	2/25/2010 11:56:22 PM
From: Spekulatius	Respond to of 78750

My 14 year old beater just passed Smog, so i am not in the market either. I run my vehicle until failure <g>.I felt that even before he recall, used Toyota's were selling at higher prices than deserved by quality metrics. They have a rock solid image in terms of quality but in reality their quality probably has peaked a couple of years ago and the numbers of defects has been rising or at least the competition has caught up. I would not have a problem to buy a new Toyota if they offer attractive incentives. I think Mr. Toyoda did very well in Congress. Testifying in congress is really a no win proposition but I felt he did not loose and came around as sincere, which is really all that can be expected to him.