Off-Topic :: Autos Interested in discussing other autos? This is the place!

Seriously? What the hell?

Thread Tools
 
Old Apr 23, 2008 | 12:02 PM
  #201  
Loony2N's Avatar
Loony2N
6th Gear
Joined: Feb 2007
Posts: 15,966
Likes: 1
Originally Posted by BlimeyCabrio
Hmmm. While we're on this off topic...

I buy a house. Purchase price is $300K. I expect it to appreciate over the next 30 years. I get a mortgage (including taxes) for $2500/month. Over thirty years my total payments are $900K. For simplicity, assume no maintenance costs. In 30 years I sell the property for $800K. This is more than the $750K that I expected it to be worth in 30 years.

Was this an investment, or an expenditure?

Yes.
 
Reply
Old Apr 23, 2008 | 12:18 PM
  #202  
BlimeyCabrio's Avatar
BlimeyCabrio
6th Gear
iTrader: (5)
Joined: Sep 2006
Posts: 8,773
Likes: 9
From: Holly Springs, NC


Thanks for clearing that up for me. As always, you're a voice of reason in chaotic times.
 
Reply
Old Apr 23, 2008 | 06:08 PM
  #203  
22CooperS's Avatar
22CooperS
4th Gear
Joined: Oct 2007
Posts: 324
Likes: 0
From: Podgorica
While we're on the subject of politics, who is everyone voting for??


KIDDING. Don't worry.
 
Reply
Old Apr 23, 2008 | 09:43 PM
  #204  
Ancient Mariner's Avatar
Ancient Mariner
6th Gear
Joined: Feb 2007
Posts: 1,517
Likes: 3
From: Washington. No, the other one.
Originally Posted by 22CooperS
While we're on the subject of politics, who is everyone voting for??


KIDDING. Don't worry.
D. None of the Above.
 
Reply
Old Apr 24, 2008 | 06:20 AM
  #205  
Desert_Sand's Avatar
Desert_Sand
6th Gear
Joined: Feb 2008
Posts: 1,498
Likes: 0
From: ....where I stop the car...
Originally Posted by BlimeyCabrio
I would offer advice to "Move to North Carolina", where we have no CARB laws, less of a nanny-state mentality, more open space, less smog, less traffic... but we have too many of you fine people moving in every day, already.
I think I need to come back home...
 
Reply
Old Apr 24, 2008 | 06:25 AM
  #206  
Desert_Sand's Avatar
Desert_Sand
6th Gear
Joined: Feb 2008
Posts: 1,498
Likes: 0
From: ....where I stop the car...
You know, I was reading this thing about the California engine numbers and I have one question.

Let's say I live and California, and am looking to buy a used car. There is a guy down the street who just moved into the state, his car passed smog, and now he is looking to sell it. I buy it and go about my business.

I get pulled over and for whatever reason I get one of these engine inspections. What happens if the VIN and engine number don't match? I realized there is the sales reciept and other issue going on, but there does come a point where something this stupid has to be changed?? Not every state has this kind of law, and unless you specifically now about it, you could be breaking it without knowing it. And before I get the "ignorance is no excuse" rant, does ANYONE know EVERY law that is in the California VC, or any states VC for that matter?

...just asking...
 
Reply
Old Apr 24, 2008 | 06:52 AM
  #207  
nixjosh2's Avatar
nixjosh2
4th Gear
Joined: Sep 2005
Posts: 526
Likes: 0
Originally Posted by fronjoni
and not everythign in this world is black and white...as far as i see it, there's nothing wrong with an investment (car) that you can choose to drive for your pleasure, it might not be very beneficial to you in the long run, but as far as i see it, as soon as you start modding your car and adding power and looks, you're bringing up the value of your car...
...
Actually, if you are wanting to get the most value in resale, a non modded car will have the best resale. I don't see too many concourse winners that are modded in any way
 
Reply
Old Apr 24, 2008 | 06:55 AM
  #208  
Loony2N's Avatar
Loony2N
6th Gear
Joined: Feb 2007
Posts: 15,966
Likes: 1
There is none so dangerous as the self-righteous; and none who protest more when their own views ensnare them.
 
Reply
Old Apr 24, 2008 | 07:38 AM
  #209  
fronjoni's Avatar
fronjoni
4th Gear
iTrader: (1)
Joined: Jan 2008
Posts: 439
Likes: 1
From: Los Angeles, CA
Originally Posted by LynnEl
There is none so dangerous as the self-righteous; and none who protest more when their own views ensnare them.
?
 
Reply
Old Apr 24, 2008 | 07:40 AM
  #210  
fronjoni's Avatar
fronjoni
4th Gear
iTrader: (1)
Joined: Jan 2008
Posts: 439
Likes: 1
From: Los Angeles, CA
Originally Posted by nixjosh2
Actually, if you are wanting to get the most value in resale, a non modded car will have the best resale. I don't see too many concourse winners that are modded in any way
ya thats true, but i do see a lot of people going crazy over minis they see for sale with all the extras on them and are willing to pay a lil more for them...anyway that wasnt the point of what was being said, read on through the tthread
 
Reply
Old Apr 24, 2008 | 07:41 AM
  #211  
nixjosh2's Avatar
nixjosh2
4th Gear
Joined: Sep 2005
Posts: 526
Likes: 0
Tis the wisdom of Quagmire

giggety giggety goo!
 
Reply
Old Apr 24, 2008 | 08:19 AM
  #212  
JIMINNI's Avatar
JIMINNI
Banned
Joined: Nov 2006
Posts: 4,862
Likes: 3
From: Fresno Ca.
Originally Posted by LynnEl
There is none so dangerous as the self-righteous; and none who protest more when their own views ensnare them.
There is also none so dangerous as people that don't belive in absolutes. Until their own beliefs are threatened.
 
Reply
Old Apr 24, 2008 | 09:16 AM
  #213  
Pete Moss's Avatar
Pete Moss
2nd Gear
Joined: Apr 2008
Posts: 72
Likes: 0
Desert Sand

The answer to your question may be found in post # 152 by MaxN. I think most states have laws like this to protect you the buyer. As always though---Buyer Beware.
 
Reply
Old Apr 24, 2008 | 09:25 AM
  #214  
Pete Moss's Avatar
Pete Moss
2nd Gear
Joined: Apr 2008
Posts: 72
Likes: 0
The value of a modded car. What do you think happens to the value of a 1929 Duesenberg with a transplanted 409 Chev motor? The modded Mini is different of course, but in most cases, an original car will retain it's value much better.
 
Reply
Old Apr 24, 2008 | 10:53 AM
  #215  
Pete Moss's Avatar
Pete Moss
2nd Gear
Joined: Apr 2008
Posts: 72
Likes: 0
Originally Posted by OctaneGuy
Wow. Let's see. Power = Stupidity?

Dear Sir Are you saying that by using their power the police were stupid?
 
Reply
Old Apr 24, 2008 | 11:39 AM
  #216  
Desert_Sand's Avatar
Desert_Sand
6th Gear
Joined: Feb 2008
Posts: 1,498
Likes: 0
From: ....where I stop the car...
Originally Posted by Pete Moss
Desert Sand

The answer to your question may be found in post # 152 by MaxN. I think most states have laws like this to protect you the buyer. As always though---Buyer Beware.

Doesn't sound like it protected anyone. If it was me, and they towed my car, I wouldn't feel protected...I'd feel scr*wed!!

I had a truck when I was out in there in the PRK, and it had the non-factory motor in it when I purchased it, and then I changed the motor about 6 months later. Nobody EVER told me about informing the DMV or any other such thing. If I hadn't seen the chapter and verse quoted here, I STILL wouldn't know (but I really wouldn't care now). Point being, a law such as this is NOT often common knowledge....and that buyer beware don't cut it.
 
Reply
Old Apr 24, 2008 | 11:41 AM
  #217  
Desert_Sand's Avatar
Desert_Sand
6th Gear
Joined: Feb 2008
Posts: 1,498
Likes: 0
From: ....where I stop the car...
Originally Posted by Pete Moss
Dear Sir Are you saying that by using their power the police were stupid?
Maybe abusing their power, yes......
 
Reply
Old Apr 24, 2008 | 11:46 AM
  #218  
Loony2N's Avatar
Loony2N
6th Gear
Joined: Feb 2007
Posts: 15,966
Likes: 1
Originally Posted by Desert_Sand
Point being, a law such as this is NOT often common knowledge....and that buyer beware don't cut it.
More to the point, a mismatched serial number may indicate the possibility of a stolen part, it is not conclusive evidence of it. Selective enforcement of the law is an abuse of power.
 
Reply
Old Apr 24, 2008 | 11:48 AM
  #219  
Desert_Sand's Avatar
Desert_Sand
6th Gear
Joined: Feb 2008
Posts: 1,498
Likes: 0
From: ....where I stop the car...
And finally after re-reading post #152 again, the law states that the VIN and the engine number have to be on the ownership paperwork. I just looked at my registration on all 6 of my vehicles, and not ONE has the engine serial number listed on it. So, I think that law has more holes in it than the proverbial Swiss cheese.
 
Reply
Old Apr 24, 2008 | 12:24 PM
  #220  
Pete Moss's Avatar
Pete Moss
2nd Gear
Joined: Apr 2008
Posts: 72
Likes: 0
Originally Posted by Desert_Sand
And finally after re-reading post #152 again, the law states that the VIN and the engine number have to be on the ownership paperwork. I just looked at my registration on all 6 of my vehicles, and not ONE has the engine serial number listed on it. So, I think that law has more holes in it than the proverbial Swiss cheese.
Read it one more time. I do not believe that is what it says. This law is only for cars with an engine swap. Looks like a new number is affixed to the vehicle with the replacement engine and that is the number on the paperwork. Also please note that when applying for title you must prove ownership of the engine. Produce a valid reciept. There is only one reason for this requirement and that is to protect the new owner down the road from buying a vehicle with a stolen engine. The law is looking out for you if you will just be aware and responsible. I am not a lawyer or a DMV employee. Maybe a call to the DMV would be in order if you have a question. Won't cost anything and you could then post valid information for all of us.
 
Reply
Old Apr 24, 2008 | 12:31 PM
  #221  
Pete Moss's Avatar
Pete Moss
2nd Gear
Joined: Apr 2008
Posts: 72
Likes: 0
Originally Posted by LynnEl
More to the point, a mismatched serial number may indicate the possibility of a stolen part, it is not conclusive evidence of it. Selective enforcement of the law is an abuse of power.
Good afternoon Mr. LynnEl. You are right in regard to the possibility of a stolen part. That's why these laws exist. Selective enforcement is not an abuse of power. The police are empowered to enforce the law. They did just that in the case of the 150 cars causing havoc. They selected the 150 who were the trouble makers.
 
Reply
Old Apr 24, 2008 | 12:34 PM
  #222  
Pete Moss's Avatar
Pete Moss
2nd Gear
Joined: Apr 2008
Posts: 72
Likes: 0
Originally Posted by Desert_Sand
Doesn't sound like it protected anyone. If it was me, and they towed my car, I wouldn't feel protected...I'd feel scr*wed!!

I had a truck when I was out in there in the PRK, and it had the non-factory motor in it when I purchased it, and then I changed the motor about 6 months later. Nobody EVER told me about informing the DMV or any other such thing. If I hadn't seen the chapter and verse quoted here, I STILL wouldn't know (but I really wouldn't care now). Point being, a law such as this is NOT often common knowledge....and that buyer beware don't cut it.
The protection was provided, by law, prior to the purchase of the car with the stolen engine. The owner was scr##wed, but not by the police.
 
Reply
Old Apr 24, 2008 | 12:36 PM
  #223  
Loony2N's Avatar
Loony2N
6th Gear
Joined: Feb 2007
Posts: 15,966
Likes: 1
Contrary to your comment, selective enforcement IS an abuse of power as a legal fact. It was on just such principle that many municipalities were forced to stop "random" checkpoints until they developed procedures to ensure there was no selective enforcement. I've been called a "trouble-maker" simply for being somewhere with long hair. Yet, a beer-guzzling yokel harassing people in the parking lot was just a local fella relaxing. So, because someone once had an engine swapped, they are a trouble-maker? I sure hope you aren't a cop.
 
Reply
Old Apr 24, 2008 | 12:47 PM
  #224  
Pete Moss's Avatar
Pete Moss
2nd Gear
Joined: Apr 2008
Posts: 72
Likes: 0
Originally Posted by LynnEl
Contrary to your comment, selective enforcement IS an abuse of power as a legal fact. It was on just such principle that many municipalities were forced to stop "random" checkpoints until they developed procedures to ensure there was no selective enforcement. I've been called a "trouble-maker" simply for being somewhere with long hair. Yet, a beer-guzzling yokel harassing people in the parking lot was just a local fella relaxing. So, because someone once had an engine swapped, they are a trouble-maker? I sure hope you aren't a cop.
I am not a Police Officer. Are you a lawyer?
 
Reply
Old Apr 24, 2008 | 12:48 PM
  #225  
Loony2N's Avatar
Loony2N
6th Gear
Joined: Feb 2007
Posts: 15,966
Likes: 1
No, but I have spent 12 years writing legal briefs for a lawyer.
 
Reply



All times are GMT -7. The time now is 07:49 AM.