In article
<66466c5f-e207-4f95-9805-ada7a7e63883@[EMAIL PROTECTED]
> The
Reverend Natural Light <reverend@[EMAIL PROTECTED]
> writes:
>Sell them cheap. Which kills the market for used models of the same
>year. Which makes people reluctant to buy a new car because of
>depreciation. Which causes cars to sit on the lot unsold. Which
>causes dealers to sell old inventory cheap. And so on.
>But, that lets the rest of us buy a 2 year old car for less than half
>price.
You want to see a car literally circle the drain on rapid depreciation,
check out the Lincoln Town Car. Beautiful and luxurious, but depreciates
over 40% the first 2 years. 50% at 3 years, 60% at 4 years. We sold a
burgandy '93 Cartier (highest trim line Lincoln) in 2001 for $7,200. The
car was $50,000 new. It had 60k on the clock when we sold it.
--
Hooked On Ebonics, Lesson 3: Use the word "disappointment" in a sentence.
DISAPPOINTMENT: My parole officer tol me if I miss disappointment they
gonna send me back to da big house.
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