I am persuing the findings of these insane books you speak of. I intend to sue "kelley' and her purple book!!
The absolute idiots list a Honda Civic as having an MSRP in 1991 as $12,000 and now is worth $4,000
They suggest (and provide guide lines for banks and insurance coverage) that my 1991 300SL sold for (MSRP) $78,500 in 1991 and now holds a value of $17,000!!!
I have retained legal council and we will be filing for a hearing soon. This is UNacceptable.
If the Honda only lost $8,000 then the Mercedes can only lose $8,000
Simple point the Honda is used-up and worn-out at 100k miles. My Mercedes has been garaged and only has 50,000 original miles on it and is known to go for 300K.
It would almost seem that this is deceptive with intent to force the consumer to discard these cars and buy new ones. That act is soooo illegal. If this is not true than it's still a misleading deception and I would like to see them answer for it. Did anyone take out a mortgage on an $80K house in 1991? Thirty year loan? You are still paying for it and still owe 2/3. What did they do with $60K of my money. I won't allow this!