Friday, September 21, 2007

My buddy's new car

My best friend just bought a used car. With two growing children and a wife who works, the second vehicle was a necessity. Both of the kids are involved in sports, and Julie works some very unusual hours.
Now, Jeff is very particular when it comes to cars. For one thing, he does not get along with Fords. He likes them, and there are a number of models that he is very fond of, but the instant he get behind the wheel of one, it usually decides to die. He has always preferred Honda's or General Motor's.
Given that his son is in hockey, he needed something with a very large trunk. What he found was a Chevrolet Monte Carlo. It's twelve years old, but it was what he could afford. It needed some work to pass the safety, but Jeff is a very handy guy, mechanically speaking. Aside from the restrictions of equipment and his disability, he can fix just about anything on a car.
I hope that his luck holds with used cars as it does with new. Somehow, my friend gets in on the ground floor of every car deal. He once bought a small car for just over ten thousand dollars. Four years later, he sold that car, for just over seven thousand dollars. It only depreciated the amount, that any car does when it rolls off of the lot. I understand that the current vehicle is the same way. It would cost him seventy dollars more per month to lease the same vehicle now as it did four years ago.
I will be following the path this car takes Jeff on with interest. With his track record, it will last for more than five years, and it will be someone else who runs it into the ground.

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