Sunday, November 23, 2008

The down economy hasn't hit everyone

Mr. Fix-it has a side job as an agent for an auto appraisal group. They appraise old, new, vintage, any car really, for sales or insurance purposes (if you watch Antiques Roadshow, you know the sale value is different from insurance value). Last week, he did a pre-sales appraisal on a car worth over $100,000. Nope, I didn't make a mistake in the number of zeros. In some parts of the country, you could buy a house for $100K. Or pay for a couple years of college at a private school. Isn't it amazing that a car can sell for that much? I guess if you can afford to spend $100,000 on a collector car that needs extra insurance and special housing, you aren't really worried about your finances.

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