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#1021529 08/07/04 04:43 PM
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For a car to retain over 1/3 of it's value after 5 years really ain't too shabby for a domestic. He could probably push it up to almost a $10,000 deduction.


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#1021530 08/07/04 04:43 PM
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Originally posted by Escort1991:
They have better resale than normal Contours.



Not really. Resale is in relation to the price they sold for when new, and SVTs sold for a good bit more new than other contours. Used, they only sell for a little bit more than other contours (if they even sell).


98.5 SVT 91 Escort GT (almost sold) 96 ATX Zetec (i brake to watch you swerve) FS: SVT rear sway bar WTB: Very cheap beater CEG Dragon Run - October 13-15
#1021531 08/07/04 04:44 PM
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And the resale value is completely theoretical on extremely high mileage late model cars. Noone would buy the car for NEAR what the book says its worth.

EDIT... I actually have to have an appraisal to claim more than $5000 and the most I can see it able to claim is in the low $6's by book (edmunds,kelly,NADA)


Brad "Diva": 2004 Mazda 6s 5-door, Volcanic Red Rex: 1988 Mazda RX-7 Vert, Harbor Blue.
#1021532 08/07/04 05:00 PM
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I've always had a little odd thing about naming your cars, but to just throw them away in such a manner is a real disgrace. For a simple 3 hour job, that...er...Ross could be running all over again. That's far easier than going through the hassle of donating to charity, because that's not as simple a task as you may think. Besides, we always complain that nobody helps one another on here so this is an opportunity for you to make a step in the better direction.


Troll. 1997 VW Jetta MkIII GLS 5spd All hail my appearance on CEG!
#1021533 08/07/04 05:36 PM
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Originally posted by SAV-ZX2:
That's far easier than going through the hassle of donating to charity, because that's not as simple a task as you may think.




I dunno.. we donated an Escort station wagon a few years ago. Mom called the charity, they brought a tow truck, she signed the title over, they gave a reciept. It was probably easier than dealing with an individual. She actually had been contacted by a homeless guy that wanted to buy it so he could live in it, but she was afraid of liability problems since it needed new brakes and tires. The charity seemed like less of a hassle.

When it's time for my car to go, I'll probably donate it to a charity organization too. I'd do much better with the tax write off than trying to sell it.

#1021534 08/07/04 06:09 PM
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I'm not saying it's a hassle for all, but my personal experience with donating my first set of wheels (a 1987 Toyota Corolla FX16) didn't go so well. I ended up selling it to my neighbor for $325 and he blew the headgasket 2 weeks later, after I had it pretty much trouble free for a year. It had 220,400 miles on it when I gave it up and he blew it with 220,454.

Off topic though, I'm just saying not all organisations are a hassle, just the personal one I dealt with.


Troll. 1997 VW Jetta MkIII GLS 5spd All hail my appearance on CEG!
#1021535 08/07/04 06:17 PM
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Be sure to do your research before donating the car. There are a bunch of For-Profit 3rd party agencies out there. Be sure to look into the agency before you just hand over the keys.

http://www.give.org/tips/usedcar.asp


- Zack WANTED: T-Red HEATED Side Mirrors FOR SALE: 4 14" Alum Alloys and Nearly New Avid H4s Tires w/ Center Caps 2000 T-Red SVT 1995 LX V6 MTX (RIP)
#1021536 08/07/04 08:03 PM
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you think it will miss front/rear bumpers, and side skirts, along with the rear seats?


95 SES Sold 99 SE Sport Sold 99 SVT T-Red Tan Interior. K&N, Magnecors, 19' Theorys, And some audio stuff.
#1021537 08/07/04 09:50 PM
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Quote:

EDIT... I actually have to have an appraisal to claim more than $5000 and the most I can see it able to claim is in the low $6's by book (edmunds,kelly,NADA)




Good to know, I never knew that. You've always got some good financial tips/knowledge.


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#1021538 08/08/04 12:13 AM
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RIP Ross. I'll remember the sweet exhaust tone I heard coming from him when you pulled up to the restaurant in Denver. IIRC, even your mother liked the exhaust tone.
At least you've got a worthy replacement.


Derek Scion xB 5-spd Previous: 2000 Silver Frost SVT Please share the road with cyclists.
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