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Posted by DanNY (91SE) on June 05, 2002 at 15:34:24:
In Reply to: My God, this is what happens when you don't take care or your car..... posted by DA-MAX on June 05, 2002 at 14:50:33:
: my friend bought a 2000 Mitsubishi Galant back in 2000, the delear REALLAY ripped him a new one as they got him for $20k for a BASE MODEL DE 4cyl. automatic...even my girl got a better deal on hers for $16k...anyways so after paiying around $300+ per month payments(which makes no sense for a Galant) he tried to sell the car yeasterday at Carmax...since he doesn't really take good care of the car I had a feeling he wouldn't get sh*t for it! for example the rear bumper has a small dent that has rusted out, he's been in a front-end collision before(its been repaired, but apparently they could tell), its missing 2 OEM wheel covers, the glove box latch is broken, but other than that its clean....[b]so after all this they tell him $5k for it[/b]...LOL, talk about depreciation!!!! in two years according to Carmax his car lost $15k in value to him....needless to say he was blown out of his mind, but Carmax usually doesn't have or give the best prices, so in my eyes I think he could get at least $8-10k somewhere else, IF he's lucky and at least fixes the bumper...but in the end he thankfully decided to not sell it and just try to get it refinanced which in the end makes much more sense than trying to sell that POS!