Originally posted by daniels_scsvt:
...worst investment I've ever made...




An investment...?

Cars are a continously depreciating asset in >99.9% of the time. Some lose value faster/more than others, the Contour not faring so well in this arena.

Cars are NOT an investment (notwithstanding the occasional concours-ready 1963 split-window 'Vette). If it soaks you for 3-4k, so be it. Look at it as a lesson you can walk away from.

See this link for some perspective on the matter:
http://www.fool.com/foolu/askfoolu/2003/askfoolu030212.htm?source=EDNWFT

BTW - if you want to sell on Ebay you need to change your game a bit...don't set a reserve & set the car to $5880. If you don't get any bids over 7k in the last 24h of the auction, close it out. (Expect another 1-2k in the last 24h) It violates Ebay rules, but it gets people bidding on the car...once they bid they become passionate & will bid up and up...

Last edited by ancosta; 11/02/03 07:31 AM.
Andrew ----- 04 Toyota Tacoma (All work) 03 Suzuki SV650 (and some play) 87 Chrysler 5th Aveune (makes a happy pimp) ----- Former owner: 99 SVT