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Subject:Re: VW means 'Vacation Wagon' :-) equity
From:d spence
Date:Sun, 18 Sep 2005 09:21:42 -0600

Ok but the thing cost $3200 new in 72 so all in all it has maintained
it's value, not depreciated which was John's original argument.
On Sunday, September 18, 2005, at 09:09 AM, Automatic digest processor
wrote:

> Date:    Sun, 18 Sep 2005 23:33:47 +1200
> From:    Andrew Grebneff <andrew.grebneff@STONEBOW.OTAGO.AC.NZ>
> Subject: Re: VW means 'Vacation Wagon' :-) equity
>
>> So John, that's why the TR6 I paid $6000 for 15 years ago is now worth
>> $18,000
>
> That $6000 15 years ago was probably worth far more than the current
> $18000... you HAVE to take inflation/devaluation  into account.
> Otherwise such statements become nonsense.