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Re: Show Me The Money

To: "John A. Wise" <wise@db.erau.edu>
Subject: Re: Show Me The Money
From: Bill Harkins <bharkins@tfb.com>
Date: Mon, 17 Mar 1997 21:51:55 -0800
John A. Wise wrote:
> 
> IMHO one should always EXPECT to LOSE MONEY when it comes to owning a car.
> The real issue is how much money you will lose.  The advantage of a fully
> depreciated MG is that you will lose LESS, but unless you are very lucky
> you will lose!
> 
> If you do not lose too much money and have a fun car that provides you a
> service, what more can you ask?

An excellent point, particularly regarding MGs. There is no way that an
MG can be restored and be worth what was spent on the restoration even
if you do the labor yourself. The economy is flat for all hard assets.
Drive 'em and enjoy 'em.

Bill



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