3rd Oct 2020, 01:58
Now it is 2020, and your car has lost none of its value. If you paid $5800 for it back then, you (assuming you kept the car in good condition) ought to be able to sell it for about the same dollar amount now... of course, dollars have depreciated since then. I have just purchased a 1990 Brougham base with 72k miles and a dented vinyl roof (not noticed when I bought it). It drives beautifully and quickly has become my favorite car. I paid $1500 two weeks ago, but it needed tires, some paint and minor body work like fillers, and by now I have nearly $5000 in it, but I would rather have it than a new plastic car! I saw one just like mine (without the little dent and with beautiful body in same colors as mine) now advertised at $6000. Brougham Cadillac is the way to go.
26th Nov 2014, 20:12
I disagree, and believe that this previous commentator was too harsh on the lady. She "may" have over-paid a bit, but so what? The questions really are, "Does she like the car? Does this car satisfy her needs... and maybe some wants?" My guess is, "Yes".
When a used car is toward the extreme of the range of conditions, like a weight scale, it becomes harder to predict or state with authority. If this woman plans on keeping the car a long time, if she is fortunate by not having it hit or damaged in an accident, consider what fine VALUE she has. If she thinks of it this way... perhaps appreciating the colors and upholstery material, she is happy with a high-quality, reliable, desirable automobile. Considering its condition, she could wind up owning it a long time: a long time filled with pleasure of ownership and driving. Compared to what it sold for new, consider the fine VALUE that it is... for her. I'm betting that she agrees!