Hi Depreciator

I am also selling a car at the moment – white corolla, p/s a/c great first car, first to see will fall in love and buy! – just kidding!

I guess with a car there is the chance that you will spend your money only to find that the engine is cactus. Then you have blown all your money as it will cost just as much as you spent to buy the car to fix it up. There are horror stories I know when it comes to property but you rarely ever lose it all.

Of course we always need to remember why people buy things such as cars and houses – for emotional reasons. With a house you fall in love with the idea of living there, and all the crap the agent sells the house with – eg “The great entertainer” or “Resort living”. There is not as much romance involved when looking at a 15 year old car! It also take longer to try and find the right house, and people get sick and tired of looking and just want to buy something to end the suffering of house hunting…

Shosta