Depreciation

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jamesg1213
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2011/10/11 13:05:00 (permalink)

Depreciation

11 years ago I paid £10,000 for one of these;



Today, 265,000 miles later, I sold it for £250.

I'll miss that car.

 
Jyemz
 
 
 



Thrombold's Patented Brisk Weather Pantaloonettes with Inclementometer
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    Beagle
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    Re:Depreciation 2011/10/11 13:30:31 (permalink)
    so...why'd you sell it?

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    spacey
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    Re:Depreciation 2011/10/11 13:37:58 (permalink)
    Excellent job James. The appreciation of regular servicing.
    It will probably miss you too.
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    jamesg1213
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    Re:Depreciation 2011/10/11 13:44:48 (permalink)
    Beagle


    so...why'd you sell it?


    It's pretty much come to the end of it's useful life without putting a new engine in it, and the chassis is badly rusted. A young lad we know wants to do a renovation project with it, so we might see it around again one day!

    Best car I ever owned, never let me down, even when I was doing 1000 miles a week in it.

     
    Jyemz
     
     
     



    Thrombold's Patented Brisk Weather Pantaloonettes with Inclementometer
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    zungle
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    Re:Depreciation 2011/10/11 13:45:03 (permalink)
    so...why'd you sell it?



    I was kinda wondering same thing.


    One of my shop trucks has 306,000 miles on it. It is still straight and running strong...................its not the latest or greatest, but its been paid for for years. 


     I feel like every mile I get out of it, I'm saving money.
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    jamesg1213
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    Re:Depreciation 2011/10/11 13:46:40 (permalink)
    spacey


    Excellent job James. The appreciation of regular servicing.
    It will probably miss you too.


    Original 1997 clutch too!

     
    Jyemz
     
     
     



    Thrombold's Patented Brisk Weather Pantaloonettes with Inclementometer
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    Randy P
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    Re:Depreciation 2011/10/11 14:10:50 (permalink)
    I just got a new (to me) car James. I hope it lasts as long as yours did.
    Larry took a ride in it, and kept asking me if I had any dope. Not sure what that was about. 

    Randy
    post edited by rsp@odyssey.net - 2011/10/11 14:26:56

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