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I keep saying that my "beater" that I bought from a friend three years ago (almost) owes me nothing (and it doesn't really, I am astounded it is still on the road). I don't take it on long trips, it is a city car, but mostly highway stuff. I managed to get it for $2500.00 from a very good friend, who was going to trade it in on a new car she was buying. The dealership only offered her $2500 as a trade-in, so I said I'd pay that for it (and then proceeded to not pay her in full for 6 months, so needless to say, a very kind and patient friend too). I ended up with a car that I know well, and my mechanic knows too (he has done most of the repairs on it for 8 years at least), so it was really a no lose choice for me.

I have wondered how much this car is actually worth. A friend pointed me to the VMR Canada Car Value Calculator web site. It is a pretty easy web site to use, and my figuring that the car couldn't be worth any more than $1500.00 , I was surprised that this site values my car around $2600.00 ? Holy cow, that is a lot of money.

Now another way to think of the value of this car to me is, that I need it right now to get my kids shuttled around to all the events they want to go to, so the car may actually be worth more than $2600, in that if I had to replace it, it would cost me a lot more money!

What's your car worth? --C8j

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