Skip to main content
Gerry | Vanagon
Checking account...
← vanagon.com home · Continue the discussion in the forum
Subject:Re: VW means 'Vacation Wagon' :-)
From:John Carpenter
Date:Sat, 17 Sep 2005 19:29:27 EDT

In a message dated 9/17/2005 4:26:57 P.M. Pacific Daylight Time,
inua@charter.net writes:

One can  only have "equity" in  property that is an investment, and
either  maintains or appreciates (Real Property) If that property is one
that  depreciates, then it is not an investment but an expense,because
the  depreciation will eventually equal the equity and there will be no
value  at all. Vehicles are machines, they depreciate in value and thus
any  "Equity" is eventually lost.

Vehicles are expenses, not investments,  depreciate, and thus have a
continualy declining equity, until there is  very small residual  value
left. Residual equity if you want to  callit thant. Such are the vagaries
of the marketplace.

John  Rodgers
88 Gl Driver

John Carpenter wrote:

>In a message  dated 9/17/2005 2:17:02 P.M. Pacific Daylight Time,
>aflores14@CSUB.EDU  writes:
>
>I can't  imagine why GoWesty, VolksCafe, BusDepot,  and ALL OF US are so
>stupid as to  continually deface and devalue  our Vanagons. I have refrained
>from doing  the SA grill kit and HA  headlight option for fear of losing
>"equity" in my   Westy.
>If (equity) is what it's about for  you........
>I  totally agree....
>:o)
>JC...
>

.
One man's Gold...
Is another man's transportation into the  forest....
JC...