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Date:         Wed, 22 Oct 2008 17:37:16 -0700
Reply-To:     John Bange <jbange@GMAIL.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         John Bange <jbange@GMAIL.COM>
Subject:      Re: Vanagon Investments
In-Reply-To:  <A1C4EFB0-AC83-4A3F-A49A-3D01CB5D24CA@bmts.com>
Content-Type: text/plain; charset=ISO-8859-1


> Tough times eh. But I'll bet your old Vanagon is holding up pretty
> well as an asset.  Mine is worth close to 30% more in US$ terms since
> last summer. Problem is that 30% of not much is not much...


My GL took a big loss in value last week due to a failed oil cooler
O-ring, but as a result I was forced to make a capital investment of
labor in the non-GL to make it roadworthy, so it's market value
probably tripled! Realistically, they're just a couple late model
Vanagons worth about $3,000 roadworthy, and maybe $1,000 when not
driveable. Of course, cash value is immaterial, as there's NOW WAY I'm
going to SELL MY BABIES!




--
John Bange
'90 Vanagon - "Lastwagen"
'90 Vanagon GL - "Wiesel"
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