[Spridgets] Interesting Fact Maybe!!

[type79 at ix.netcom.com]

Don't forget the expenses.
Sales Tax
Property Tax (Some states)
Insurance
Maintenance
Registrations
Gas (at a minimum to exercise the car)
Repairs

jay fishbein
wallingford, ct
home.ix.netcom.com/~type79/

-----Original Message-----
>From: Mark <mark at nashvilletn.org>
>Sent: Mar 13, 2008 2:07 PM
>To: spridgets list <spridgets at autox.team.net>
>Subject: [Spridgets] Interesting Fact  Maybe!!
>
>I brought my Bugeye to work with me today and my accountant was asking about
>values of Bugeyes.  We decided to try to find the inflation rate for the last
>50 years and came up with an interesting number.  Assuming a Bugeye cost $1800
>new in 58 if you apply the inflation rate (638%) to that amount it makes a
>Bugeye worth now just about what they were in current dollars, $13,200.00.
>Interestingly if you had put the same amount of money in the bank at an
>average interest rate of 4% for the same 50 years you would have $13,256.  No
>guarantee of accurate numbers but still fun to play with.  At least it's not
>about ZDDP!!
>
>Mark
>Nashville
>http://www.ArrestMeRed.com