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Old 06-08-2001, 06:49 PM
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96C220 96C220 is offline
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Join Date: May 2001
Location: Hamilton, NJ
Posts: 367
As far as discriminating between a car purchase price and repair costs, I can see the argument. Granted it does come out of the same pocket. But let's say the car has X intrinsic value (monetarily speaking). When you purchase the car for X, you are expecting to recieve X dollars worth of car. As repairs come along, the intrinsic value of the car does not change. However your total outlay of money has, to let's say X (initial purchase) + R (repair costs).

The point I think that frustrates people, is that since (X+R) is not equal to X, they feel that their value has greatly diminished, specifically by a factor or (X+R)/X. If repair costs are significant, and unexpected, the total X+R may put them into a total expenidture situation that had they initally spent (X+R)would have left them with a car in much better condition, and that would have a significantly higher intrinsic (monetary) value.

Granted repairs are a fact of life, and any car, at some point in its life will experience them. But they are frustrating, and change the financial picture for any car in a hurry,

Best wishes and take care,
George Androulakis
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