Date: Wed, 2 Mar 2005 13:59:21 -0500 From: "The Malt Hound" 42260a10$1_1nospamathenanews.com... > thanks for all the replies thus far...it definitely helps! The 95 > is > a turbo. As for the pricing and condition of the car...itís in > pretty > good shape. Iím actually taking over the loan payments from a good > friend of mine. I hope he is a very good friend, because you are bailing him out of his loan. As I said before, he is upside down (meaning he owes more than the car is worth) and you are buying him out of that position. > I plan on selling it in a few years so I just want to > make sure I can AT LEAST break even on the car. Also, I am going to > pay off the car with a home equity, therefore the interest payments > will be about 4.25%. Whatís the likelihood this car will hold its > value in about 3 years? 2 chances... slim and none. SAABs are notorious for rapid depreciation. Plus are you are starting out behind. -Fred W
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