On Sat, 26 Feb 2005 20:47:11 -0500, ZombyWoof <Zomby-Woof@Zappa.net>
>>>> Take a 2005 Mustang and add $18k worth of modifications, drive it for
>>>> two years and then try and sell it for more than $20k-$25k.
>>>Depends. I never buy a car to sell. I think that is a very moot point.
>>>If i put 18k into a car for performance upgrades, i amkeeping it till the
>>>bloody thing falls apart, or i die
>>Here's hoping you never lose your job, have your car stolen, or suffer
>>any number of other unexpected events which will leave you with a car
>>where you spent/owe more on it than you could sell it for/recover in
>>an insurance settlement.
>That is why there is this wonderful thing nowadays called gap
Gap insurance only covers the difference between what you owe on your
car and what your insurance company gives you on your claim. It will
NOT cover the $18,000 in performance upgrades (for which you paid
Friends don't let friends shop at Best Buy (except to buy loss leaders for resale on eBay).