'91 Corrado G60

[Tuna]

Well, I thought I'd post this up since it's up just about everywhere else!!

The '91 model included such goodies as the digital dash, BBS wheels. has a new 2.5" exhaust including Cat. power everything, sunroof, heated seats and don't forget the power spoiler!!

Car has 147,000 Km's on it.

If anyone's interested and/or requires more info, you can IM or email me at

Lookin' for about 10,900 (That's what I put it in the trader for but the price is negotiable for fellow dubbers)

That's right Peter, the G-Lader is up for grabs!!

Thanks all,
Jason

[R_Ethug]

MK5 or what coming up?

[Canadian Turbo]

Good luck with the sale Jason!! I hear perhaps a non-vag car in your future???

[Tuna]

Originally posted by Canadian Turbo
Good luck with the sale Jason!! I hear perhaps a non-vag car in your future???

Perhaps:mrsly:
Yea, we'll see what happens, kinda depends on what I get for it.

Turning Japanese I think I'm turning Japanese I really think so.....:mrlaugh: :mrlaugh:

[Kor]

[Tuna]

:mrlaugh: :mrlaugh: Yea right!! I wish! No I'm going one of 2 routes; getting another dub for a couple grand and play with it or buying something cheap and new (probably a lease or something). Either way it's so I can get a house.

[Smartiepants]

You can live in a car but you can't drive a house

[R_Ethug]

wrong nick.. house appreciate cars depreciate.. especially modded ones.. houses right now are estimated to go from an avg of 209 to 214 by 04 which is good.. i already know mine is up in value..

[Kor]

Nick isn't wrong, you definitely can't drive a house.

Now I would like to propose something here, and any people in Economics or who are Accountants can help me out.

I believe that you should think not about how much your house is appreciating - but about how much it is appreciating in comparison to inflation.

For example, according to the Bank of Canada, a house bought in 2002 for $209,000 would cost $218,000 one year later due to inflation alone. This would be with real estate prices staying the same. I am no accountant (help me out here Blair) but I think that this means that if a person bought a house for $209,000 in 2002 then sold it this year for as much as $218,000 that person didn't become any richer. As I understand it, any interest earned on an investment needs to be greater than the inflation rate in order to be significant to the investor.

I am not saying your house isn't appreciating in value, but just that there are a lot of factors.

[Billip]

You're totally right Kor. That's investing 101. Your rate of return has to at least beat inflation or your actually losing money. That's why people who leave their money in the bank actually lose money, and people who invest in low return bonds, T-bills, etc. are usually just keeping up with inflation (unless it's a really damn good bond).

[Dubs]

Originally posted by Kor
Nick isn't wrong, you definitely can't drive a house.

I think its a little sad this had to be comfirmed. But good work Kor.

[R_Ethug]

sorry i brought it up i guess.. anyways house is a better thing than a car anyday period.. unless you plan on buying in ogden or forest lawn.. oh and you can drive a house it just won't go anywhere and people will look at you funny

[1.8Trip]

The thing with houses as investments in my view is two fold. It is really the only investment that I can think where it appreciates while you're using it. The other is that you have to live somewhere, so whether you rent or own, a part of your income will go towards your mortgage and ultimately to you; or, to someone else. I choose the former.

[Tuna]

Well because I'm enjoying this discussion so much I won't yell at people for hi-jacking my post:mrlaugh: but yea, a house is a good investment and I'm soooooo tired of renting and moving every year or 2, I just want to get something I can make my own and put nail in the wall without having to PAY FOR IT!! So it is finally looking like I can work it so don't want to pass that up. Since this is about my Corrado I'll make some more comments, includes, new plugs, rotor, plug wires, new back pads, sony CD player, and the G-lader don't forget the G-lader! Also for those that don't know, the Corrado also has amazing ABS, and an LSD (not bad for '91) Ok now I'm just bragging so I'll stop.

[Canadian Turbo]

Sorry about your thread Jason, but yes everyone has a point here, houses are not good for commuting and cars are not good for investing. However inflation is a relative factor as Kris explained, but since most people do not always notice inflation first hand (we all know our wages do not compensate) but I would still think that property is staying ahead of inflation. My condo has increased in value by about 14% over 2 years which is ahead of inflation. It is just a fact of life we still are better off to put our money in things that appreciate as opposed to depreciate, hence a big reason why I sold the 337 and got the Jetta.

Anyway back to selling a beautiful G60 Corrado that someone should pick up!

And Jason if you ever want to see my place, so you can get an idea of what there is out there just let me know