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> <channel><title>Comments on: A Car&#8217;s Resale Value: Does it Matter?</title> <atom:link href="http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/feed/" rel="self" type="application/rss+xml" /><link>http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/</link> <description>A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics.</description> <lastBuildDate>Thu, 18 Mar 2010 16:27:33 +0000</lastBuildDate> <generator>http://wordpress.org/?v=2.9.1</generator> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>By: Lazy Man</title><link>http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-124261</link> <dc:creator>Lazy Man</dc:creator> <pubDate>Sun, 25 Nov 2007 06:35:25 +0000</pubDate> <guid
isPermaLink="false">http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-124261</guid> <description>Resale value is important to me, but not in the typical way.  I will look for a car that has poor resale value and is 3 years old for my next car.</description> <content:encoded><![CDATA[<p>Resale value is important to me, but not in the typical way.  I will look for a car that has poor resale value and is 3 years old for my next car.</p> ]]></content:encoded> </item> <item><title>By: Russ Ain</title><link>http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-122978</link> <dc:creator>Russ Ain</dc:creator> <pubDate>Fri, 16 Nov 2007 19:05:02 +0000</pubDate> <guid
isPermaLink="false">http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-122978</guid> <description>I think a resale value does matter.  Say you&#039;ve just been promoted, got a salary boost or can otherwise afford a more expensive car. At that point, you will be please you have an Accord instead of a Saab 9-3. Or you just had twins and the little car won&#039;t cut it - the amount you get for a Civic will be much better than a Saturn.</description> <content:encoded><![CDATA[<p>I think a resale value does matter.  Say you&#8217;ve just been promoted, got a salary boost or can otherwise afford a more expensive car. At that point, you will be please you have an Accord instead of a Saab 9-3. Or you just had twins and the little car won&#8217;t cut it &#8211; the amount you get for a Civic will be much better than a Saturn.</p> ]]></content:encoded> </item> <item><title>By: MikeVx</title><link>http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-122939</link> <dc:creator>MikeVx</dc:creator> <pubDate>Fri, 16 Nov 2007 04:03:22 +0000</pubDate> <guid
isPermaLink="false">http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-122939</guid> <description>If resale value matters, to use an over used phrase &quot;you&#039;re doing it wrong&quot;.The only times a sensible person sells a vehicle are either to the scrapyard because it&#039;s no longer safe to drive, or when a better vehicle was obtained at a sufficiently low cost or due to a life change that required a different vehicle type.  In any case, expecting to recover any non-trivial amount of money from the vehicle later will probably lead to spending too much on purchasing it to begin with.In the end, a car is transport, get what you need then plan to drive it until it dissolves.I have other things to do with my money, so I&#039;ll stretch the car for as long as possible, maintaining it as long as the repair costs averaged across a year are below the averaged payments on a replacement.  Absent such things as getting a better car by off-beat means such as winning one or being given a leftover by a relative (this last has happened to me), I won&#039;t sell a drivable car.  Then theres the good old destruction-by-accident path to buying another car.I view the question as null.  In my view, a car has no resale value, therefore it cannot matter.</description> <content:encoded><![CDATA[<p>If resale value matters, to use an over used phrase &#8220;you&#8217;re doing it wrong&#8221;.</p><p>The only times a sensible person sells a vehicle are either to the scrapyard because it&#8217;s no longer safe to drive, or when a better vehicle was obtained at a sufficiently low cost or due to a life change that required a different vehicle type.  In any case, expecting to recover any non-trivial amount of money from the vehicle later will probably lead to spending too much on purchasing it to begin with.</p><p>In the end, a car is transport, get what you need then plan to drive it until it dissolves.</p><p>I have other things to do with my money, so I&#8217;ll stretch the car for as long as possible, maintaining it as long as the repair costs averaged across a year are below the averaged payments on a replacement.  Absent such things as getting a better car by off-beat means such as winning one or being given a leftover by a relative (this last has happened to me), I won&#8217;t sell a drivable car.  Then theres the good old destruction-by-accident path to buying another car.</p><p>I view the question as null.  In my view, a car has no resale value, therefore it cannot matter.</p> ]]></content:encoded> </item> <item><title>By: Flexo</title><link>http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-122817</link> <dc:creator>Flexo</dc:creator> <pubDate>Thu, 15 Nov 2007 03:48:11 +0000</pubDate> <guid
isPermaLink="false">http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-122817</guid> <description>Thanks for the info, Kurt.  I have to wonder how KBB can predict resale value three years from now. They claim they use &quot;informed projections&quot; of their expert staff... so you&#039;re right, they don&#039;t look back three years.  That explains why the survey doesn&#039;t seem to use real numbers.</description> <content:encoded><![CDATA[<p>Thanks for the info, Kurt.  I have to wonder how KBB can predict resale value three years from now. They claim they use &#8220;informed projections&#8221; of their expert staff&#8230; so you&#8217;re right, they don&#8217;t look back three years.  That explains why the survey doesn&#8217;t seem to use real numbers.</p> ]]></content:encoded> </item> <item><title>By: kurt</title><link>http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-122816</link> <dc:creator>kurt</dc:creator> <pubDate>Thu, 15 Nov 2007 03:42:58 +0000</pubDate> <guid
isPermaLink="false">http://www.consumerismcommentary.com/2007/11/14/a-cars-resale-value-does-it-matter/#comment-122816</guid> <description>I don&#039;t think the figures look back three years -- the g37 didn&#039;t exist back then.  It&#039;s a new model for this year.</description> <content:encoded><![CDATA[<p>I don&#8217;t think the figures look back three years &#8212; the g37 didn&#8217;t exist back then.  It&#8217;s a new model for this year.</p> ]]></content:encoded> </item> </channel> </rss>
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