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Classic Cars Buying Luxury used cars
Buying Luxury used cars
411 messages,
Last post on Jul 13, 2009 at 10:22 AM
You are in the Classic Cars Forum.
Your Host is mr_shiftright
What is this discussion about?
Classic Cars, Coupe, Convertible, Truck, Sedan, Wagon
- #408 of 411
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Re: seat comfort... [corvette]
by Mr_Shiftright HOST
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Jul 12, 2009 (7:17 am)
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Replying to: corvette (Jul 11, 2009 8:21 pm)
Good point. What you might see today is a well-cared-for luxury car that has had money dumped into it previously on a generous scale of maintenance and repair, but that is now facing YET ANOTHER repair bill----a repair that in and of itself might not be all that formidable but that has finally discouraged its loving owner. (i.e., "the last straw").
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- #409 of 411
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Re: seat comfort... [Mr_Shiftright]
by euphonium
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Jul 13, 2009 (9:45 am)
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Replying to: Mr_Shiftright (Jul 12, 2009 7:17 am)
Perhaps it is the frequency of the repair bills rather than any other reason original owners get frustrated & under emotion rather than reason, trade it off only to buy another yet to be repaired luxobarge.
Before letting emotion rule, determine if the first year depreciation and sales tax on a replacement vehicle is more costly than repairing the original. Of course it is, but by how much?
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- #410 of 411
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Re: seat comfort... [euphonium]
by Mr_Shiftright HOST
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Jul 13, 2009 (10:22 am)
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Replying to: euphonium (Jul 13, 2009 9:45 am)
I often tell people to add up and average 12 to 24 months of repair bills, and if that monthly average equals 1/2 of the cost of a new car monthly payment, or even lease payment, (+ lease cap reduction costs) it's really time to bail out. So if you're pumping $300 a month into that old luxo-barge, maybe that's not a good idea anymore.
The last half of a car's long life is rarely the best half.
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