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Re: New ones....
hey mark,
re: item "b", i can't speak for the ferrari (expensive maintenance?), but i know from personal experience, that a pantera is extremely cheap to maintain, quite reliable, parts aren't any more $$$ than for our beloved alfas, (engine parts are a lot cheaper!), and they're readily awailable - on the shelf at several different vendors. re: insurance, my '72, insured for agreed walue of $34k, (no surprises from the ins co, if i have an accident), costs me a whopping $250/year. zero deductable. only two things are covered: 1)collision. 2)other than collision. ;~)
i hope i haven't jeopardized yer early retirement w/this info... :>)
doug s.
==========
Date: Wed, 11 Sep 2002 16:08:10 -0400
From: Mark Denovich <mark@domain.elided>
Subject: Re: New ones....
dsedon@domain.elided wrote:
> sure, the wolwo is that much. which is why i'd *never*
> spend that kinda money [$40k] on *any* new car.
Yeah every time I catch myself thinking about purchasing a new car
(generally after a particularly vexing day of working on one of my cars)
I eventually reach the conclusion that $40k buys me:
a) a "nice" new car. Which will require me to use the dealer for
service, will have a brutal depreciation schedule, will be expensive to
insure (my current cars do not warrant collision coverage), and will
give me stress every time it's out of my sight.
b) A "cheap" used Ferrari (two of my favorite cars are the 308s and the
Ferrari/Fiat/Dino 246s) or a Pantera with a few years of gas to go with
it. In other words, cars I'd love to own. Plus insurance costs and
stress.
c) between 5-20 more "cheap" Alfas
d) One year (at least) earlier retirement date and just one more cheap Alfa.
Option "d" wins every time (with "c" being a close second.)
--Mark
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