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Old 10-05-2003, 08:55 PM
kusheen
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Default not an investment

I dont' think of it as an investment. And if I did, I certainly wouldn't try to divest myself of the investment by trading in, if minimizing my loss was my goal.

Put 1900 on your Vette, go to trade it in, and you'll probably 'lose' proportionately the same amount (that's percentage wise).

$28K wholesale for a car with 2K on it sounds about right.

If you'd tried to sell it yourself, you would've probably gotten $30K, maybe a tad more.