Originally posted by Jean
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The way I look at cars when I sell them is not "how can I maximize every last cent from the buyer" but as "what did it cost me during my ownership to drive this car" and try to shoot for a number that will be 1/2 or less of the depreciation of a new car. In other words - if in the next 2.5 years I put an extra $1,500 (on top of gas/routine maintenance) in it bringing my overall "budget" of the car to $5,000 and I can sell it for say, $3,500 - it comes out to $500 per year which is darn cheap if you ask me, especially when you compare it to new cars and factor depreciation in it...
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