RWD - The "market' value of these cars is not important - we are the last owners of our 240s.
                    

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The "market' value of these cars is not important - we are the last owners of our 240s. 200

I'm fully in agreement with "Trichard" and "Pageda" -- what it boils down to is that 240s are not supposed to be an investment!

Your opening statement of your friend implicitly presupposes that you're supposed to consider the resale value of the car in deciding when to "trade up", so to speak (and I'll wager that your friend has a much newer car that he plans to use as a trade-in on his next car -- why do you hang around with someone like that? :-).
So that's a fine strategy for a much newer model year car that we will use as a trade-in for our next purchase -- if we were inclined to, and had the disposable wealth, to regularly do that. Those "we's" in that last sentence doesn't apply to most of us.

In contrast, most of us on this forum know that we will be the last owners of our 240s -- we'll keep them until they're ready for the wrecking (recycling) yards. So for us, the "value" is not a fair-market price, but simply the value to us in having a reliable and easy fix-it-yourself car to keep the maintenance cost down to a minimum.




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New the values of the 240's are not keeping pace with the cost of their repairs and parts [200]
posted by  volvoboz  on Sun Apr 5 06:52 CST 2009 >


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