gino@voder.UUCP (Gino Bloch) (09/18/84)
[trade this line in on an '84 model] A few months ago, Consumer Reports ran an article on this subject (perhaps May '84, I forget). I didn't read it, so I have no reservations about recommending it :-). -- Gene E. Bloch (...!nsc!voder!gino)
lute@abnjh.UUCP (J. Collymore) (09/21/84)
Consumer Reports' April 1984 "Car" issue would have info about buying/selling and trading cars. You can go to any public library's reference desk and ask to see it. It will probably prove very helpful to you. BTW, each year CR comes out with that issue devoted to cars. So if you're thinking about buying a car next year, remember to get the APRIL issue. Jim Collymore
wes@edison.UUCP (09/24/84)
The time to trade (in my book) is when the cost of repairs are equal to or more than the cost of new, used, car payments. example, if the repairs on a vehicle exceed $200 a month (the approximent cost of new care payment) then trade cars. ed spigle Knoledge is learned Wisdom is earned
2141smh@aluxe.UUCP (henning) (09/29/84)
**** **** From the keys of Steve Henning, AT&T Bell Labs, Reading, PA aluxe!2141smh > The time to trade (in my book) is when the costs of repairs > are equal to or more than the cost of new, used, car payments. Actually the break-even point is when the: 1) loss of earnings (loss of interest() on the cost of the "new" car plus, 2) cost of borrowing (cost of interest) for the "new" car plus, 3) the loss due to depreciation on the "new" car plus, 4) the increased cost of insurance on the "new" car, is equal to: 1) the cost of maintenance beyond routine levels on the "old" car plus, 2) the loss of earnings on the value of the "old" car plus, 3) the loss due to depreciation on the "old" car plus, 4) the premium you are willing to pay to drive a "new" car. Supposedly the "new" car offers a promise of increased reliability.