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Buy an Exotic from the US Treasury

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Old May 19, 2010 | 09:34 AM
  #21  
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Raj here is your chance to trade up the lambo.
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Old May 19, 2010 | 09:35 AM
  #22  
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and some exotics appreciate. depends on their numbers.
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Old May 19, 2010 | 09:38 AM
  #23  
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Originally Posted by The Gasman,May 19 2010, 10:31 AM
Used cars can generate a substantial profit, especially compared to new cars.
Correct, I have a friend whose family runs a used car dealership in Phoenix that specializes in trucks. They have been eating well for years and the economic downturn hasn't affected them as much as new car dealers. Average truck price on their lot is under $15,000. Most come from auctions.
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Old May 19, 2010 | 06:35 PM
  #24  
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i think raj said it best: desirable cars get sold at near retail and less desirables...well, they're less desirable for a reason.
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Old May 19, 2010 | 06:47 PM
  #25  
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October 2009 auction results

36-186 2003 LAMBORGHIN MURCIELAGO $111,000 MICHAEL JAMES GARCIA


Raj--good deal?
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Old May 19, 2010 | 06:53 PM
  #26  
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Originally Posted by Currahee474,May 19 2010, 06:47 PM
October 2009 auction results

36-186 2003 LAMBORGHIN MURCIELAGO $111,000 MICHAEL JAMES GARCIA


Raj--good deal?
Could be. Lots of variables to consider. Color, miles, maintainence records all make a difference.
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Old May 20, 2010 | 06:33 AM
  #27  
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Originally Posted by S2020,May 19 2010, 09:09 AM
cars are not investments.
cars are in a perpetual state of "down market".
#2(or3) business in the world would like to have a word with you.
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Old May 20, 2010 | 06:35 AM
  #28  
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btw. I wonder if all these are clean title.
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Old May 20, 2010 | 08:03 AM
  #29  
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Originally Posted by Meshca,May 20 2010, 06:35 AM
btw. I wonder if all these are clean title.
If they were clean title before they were repo'd they're clean at this auction.
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