At 09:42 PM 3/17/97 -0800, you wrote:
>Sorry to hear about the depreciation, but this is why I don't buy new
>vehicles any more. My last new one was my Dak in '87 ($12K well equipped
>4x4). I like my truck, but I can't imagine paying double for another
>one.
>
>Back in the late 80's the average profit on a new vehicke was about 8%.
>I think I read recently that these days it's up to around 15%. That's
>good for the CC stockholders, bad for you and me.
>
>Only my opinion, but I think that if the automotive consumers would only
>vote with their checkbooks and refuse to pay these inflated prices, then
>mabey the finer things in life (like new Dodge trucks) would get back
>within reach of Joe Consumer and me. Now about leasing,..........
>OOOOOOOOHHHHHH....don't get me started!
>
>Sorry for the rant,
>I feel much better now. :)
>
>Rich
>87 4x4 SE LB, paid for long ago
>
Rich:
I agree with you about the rediculous price of new vehicles, but I found
that with the price of service and parts skyrocking as well, it was just
about as expensive to keep my 1978 3/4 ton on the road as it is to make
payments on a new truck. Even my neighbour, who sold his 76 3/4 ton and
bought a used 89 3/4 ton is having to spend a lot of money keeping the used
one running.
Plus, I get the pleasure of driving a new vehicle and get three years
without worrying about big repair bills.
It would be a different story if I was an automotive mechanic and only had
to buy the parts.
Rob Agnew
ragnew@islandnet.com
Victoria, British Columbia
Canada
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