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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