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RE: selling a 99 A3
You always lose a monkey load in the first year, but then the "upside down"
point goes away after about 18-24 months, where the resale value is higher
then the loan principal.
But my 95 with 80kmi is still worth $11k-12k when I paid $20,500 for it in
Early 1995. If you figure $0.30 per mile then I have surely gotten my dollar
back out the car....
Just because you have 19k left on the loan don't mean its worth 19k....
-Cab
-95 "Almost Paid For Edition" GLX
> ----------
> From: jeremy schroetter[SMTP:schroett@sprynet.com]
> Reply To: jettaglx@igtc.com
> Sent: Wednesday, November 17, 1999 2:29 AM
> To: jettaglx@igtc.com
> Subject: Re: selling a 99 A3
>
> Ok..
>
> The car cost a few pennies under 26,000.
> That was with the extended warranty (1500).
>
> KBB.com, says it is worth 21450 retail
> Rated excellent, which it is, trade in is 17,035.
>
> I don't know why 17.5 seems fair.
> Just convinces me more that VW does
> not hold any resale value. I will most likely
> never own one again. Too many 'utilitarian'
> Jettas on the highway to justify this one.
> To me, FUN (does not =) FRONT WHEEL DRIVE.
> I'll stick to my rx-7, the wife will have to
> drive the Jeep cherokee. Probably
> pick up some other 4X4 for the winter months.
>
> Jeremy
> STILL for sale. no rush, but taking up
> precious driveway space. still 19K.
>
>
> ----- Original Message -----
> From: John A. Kilpatrick <john@hypergeek.net>
> To: <jettaglx@igtc.com>
> Sent: Wednesday, November 17, 1999 12:56 AM
> Subject: Re: selling a 99 A3
>
>
> > On Wed, 17 Nov 1999, jeremy schroetter wrote:
> >
> > > Maybe a mistake that we ever bought this car,
> > > but we are having the most diffcult time getting
> > > rid of it.
> >
> > Isn't $19K a bit high for this car? $17.5K is a bit more reasonable...
> >
> > --
> > John A. Kilpatrick
> > john@hypergeek.net Email| http://www.hypergeek.net/
> > john-page@hypergeek.net Text pages| ICQ: 19147504
> > "Where quality is like a dead stinking rat - you just can't miss it."
> >
> >
>