If you assume the car has a useful life of 200K, then it does make sense. Instead of paying $4000 (which is the new $2000) for one that's half used up, you pay 5000 for one that's only 1/4 used up. You pay 20% more for 150% more life.

That's assuming you're buying the car to keep. If you're flipping 'em, keep looking for those $2000 bargains.


Edited by Old_Guy_Stu (06/11/21 09:49 PM)
Edit Reason: corrected the math
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1988 CVLX Formal Roof (Love Boat) POTM July '19, Aug '20, Oct '21, Feb '23, 64K
E-code lights w/ relays, LEDs w/ switchbacks, 15x8 Ansen slots w/ 255/60 BFG's, Kenwood stereo, various hacks.
This, of course, was merely the semi-delirious notion of a fever-patient, but I remember that it struck me at the time as being eminently practical and feasible.