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[OM] Re: ot.Diesel cars

Subject: [OM] Re: ot.Diesel cars
From: Jan Steinman <Jan@xxxxxxxxxxxxxx>
Date: Tue, 14 Oct 2008 04:45:36 -0700
> From: James R <londonjames@xxxxxxxxxxx>
>
> It depends on when you buy them in their life-cyle. I owned one for a
> year and lost £50 on it (plus one windscreen wiper replaced), and that
> was becuase I thought it better to take the cash offered rather than
> wait for the banks to open the next day so the full price could be  
> paid.

I had a 1989 Dodge Cummins that I bought on Craig's List, drove (and  
properly maintained) for three years, then sold for $500 more than I  
paid for it. Sold it to a friend, who is still a friend, who is still  
very happy with it.

I sold it to buy a 1991 4WD version, which, 50,000 km later, is also  
worth $1,000 more than I paid for it. But you can pry this one from my  
cold, dead hands!

The price of decent diesels tends to track the cost of gasoline. The  
Dodge Cummins will get 24 mpg for a full-sized truck, when gassers are  
getting ~14-16 mpg. So I expect they're down a bit now that gas has  
dropped. But that won't last forever. So this might be a good  
opportunity to pick up a good used diesel. Because they ain't making  
any more dinosaurs, and even if they were, the 60 million year wait  
for them to turn into crude is a killer...

:::: Rest satisfied with doing well, and leave others to talk of you  
as they please. -- Pythagoras ::::
:::: Jan Steinman <http://www.VeggieVanGogh.com> ::::


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