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Old 01-18-2008, 09:05 AM   #11 (permalink)
 
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Up side and down side to higher re-sale...

Get a new Smart for $13K~ $18K and trade/sell in the $20K~23K...good business sense, crafty trading, Smart car buyer

Think about it... G&K has 2 and 3 year olds still in the $25K and up price range...

Getting a new/used very low mileage non-grey Smart in the $20~$25K range is still a good deal

down side... We buy a car for $13~$18K but insurance companies bear the risk of a $23K~$25K valuation, replacement cost... so this could make our premiums higher based on market value


Last edited by Fredvon4; 01-18-2008 at 02:47 PM. Reason: spelting
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Old 01-18-2008, 05:52 PM   #12 (permalink)
 
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Good point, Fred...
It may be a good idea to insure it for more anyway...

What's your time worth for waiting on ANOTHER new one??
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Old 01-18-2008, 07:26 PM   #13 (permalink)
 
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Thanks for the heads up
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