

| Subject: | Re: VW means 'Vacation Wagon' :-) |
| From: | John Rodgers |
| Date: | Sat, 17 Sep 2005 19:02:10 -0500 |
John Carpenter wrote: >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... > > > > I chose the transportation into the forest........... John Rodgers 88 GL Driver
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