General Discussion

eridani

(51,907 posts)

57. On what planet can you sell an 11 year old Mercedes for $8000 max and

Wed Jul 9, 2014, 04:09 AM

Jul 2014

--and buy a three year old Accord for $9900? (Price cited below is from 2003--it would be a lot more than that now.)

Market Conditions May 2003
http://www.galves.com/archives/may03mkt.asp

large quantities, primarily three year old cars and trucks on 33 to 39 month leases, were a bargain last year and are even more so today. A three-year-old Honda Accord LX was in the book last year for $11,150. Today a three-year-old Accord LX is in the book for $9900, or $1250 less than a year ago

Is the weather decent? Do the unicorns bite?

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This is what happened when I drove my Mercedes to pick up food stamps [View all] mfcorey1 Jul 2014 OP

There but for fortune go you or I NeoNerd Jul 2014 #1

Welcome to DU, NeoNerd! calimary Jul 2014 #17

Damn right. But some folks are in serious denial of that fact. nomorenomore08 Jul 2014 #27

Not many remember ol' Phil anymore... duhbyas pet goat Jul 2014 #44

American exceptionalism! PatrickforO Jul 2014 #50

+1 for you and Neo. And a belated welcome to you and a more timely one to Neo. nt Live and Learn Jul 2014 #52

"Poverty is a circumstance, not a value judgment." FSogol Jul 2014 #2

A Liberal's goals are to help good people. tecelote Jul 2014 #11

And they need to realize that scapegoating makes it easier to screw *all* of us over. n/t nomorenomore08 Jul 2014 #25

Actually ... 1StrongBlackMan Jul 2014 #33

+1000 DeadLetterOffice Jul 2014 #51

That quote said it all, IMHO. n/t ms liberty Jul 2014 #28

Although, a lot of poverty is imposed and perpetuated due to value judgements. Live and Learn Jul 2014 #55

Why the F didn't she sell the Mercedes? Demeter Jul 2014 #3

I bet you did not read the article. Exhibit A, right here. eom uppityperson Jul 2014 #4

That lady's Mercedes reminded me of a client I had, truedelphi Jul 2014 #7

From the article Kelvin Mace Jul 2014 #5

Probably should go to the junkyard and buy a Kia hood ornament klook Jul 2014 #12

Thank you, Demeter Downer! Tetris_Iguana Jul 2014 #6

The question is addressed in the article Kelvin Mace Jul 2014 #8

I know, right? Tetris_Iguana Jul 2014 #10

In my low income childhood, our family drove a series of used Cadillacs and Lincolns eridani Jul 2014 #56

In today's market some higher end cars go for a song Kelvin Mace Jul 2014 #67

You clearly did not read the article. Raine1967 Jul 2014 #13

an 11-year old c-class mercedes will fetch you a whopping 5 grand.. frylock Jul 2014 #15

+1 nomorenomore08 Jul 2014 #26

Unless it has reached that magic blue book 70K miles and is worth 800 bucks. Hugin Jul 2014 #58

Having read the full article, I agree rickyhall Jul 2014 #20

Thank you Ricky Demeter Jul 2014 #21

"As eminently unemployable as this family" F4lconF16 Jul 2014 #29

Yep, totally disgusting laundry_queen Jul 2014 #42

I have been noticing since around 2005 that so many jobs that take truedelphi Jul 2014 #79

unemployable? bzzzt. you fail. big time, d. her husband is well employed cali Jul 2014 #31

I've been there. Not bein' mean. We're on the same side. rickyhall Jul 2014 #73

she has a honda. she was using the mercedes because the honda had broke down. frylock Jul 2014 #37

On what planet can you sell an 11 year old Mercedes for $8000 max and eridani Jul 2014 #57

except mercuryblues Jul 2014 #65

This message was self-deleted by its author Petrushka Jul 2014 #83

Youve been lucky quakerboy Jul 2014 #85

And her TV and Cell phone ... 1StrongBlackMan Jul 2014 #34

Maybe she can sell her plasma? And what kind of snob needs two kidneys? Orrex Jul 2014 #63

And then...what? Walk everywhere? Ikonoklast Jul 2014 #41

An eleven year old Mercedes. pnwmom Jul 2014 #46

Here's a thought - it's a 2003 vehicle LynneSin Jul 2014 #70

Exactly what I thought IronLionZion Jul 2014 #75

It is a risk to buy anything over the age of 5 years LynneSin Jul 2014 #81

This message was self-deleted by its author Petrushka Jul 2014 #84

Kicked and recommended. Uncle Joe Jul 2014 #9

Until we all realize that bad things like this can happen to Raven Jul 2014 #14

Not only that, but we should all realize how precarious our situations are... Barack_America Jul 2014 #40

i just bet she has tattoos and an iphone as well.. frylock Jul 2014 #16

Oh my fuck laundry_queen Jul 2014 #43

I've been there. tekriter Jul 2014 #18

That practically made me cry. "Poverty is a circumstance, not a value judgement." Hekate Jul 2014 #19

wow heaven05 Jul 2014 #22

Good article. LoisB Jul 2014 #23

About 15 years ago, I was staying with a boyfriend RebelOne Jul 2014 #24

I'm not unsympathetic, but the Mercedes was a problem. Jerry442 Jul 2014 #30

None of my business. Not a problem AllyCat Jul 2014 #48

+1 nt Live and Learn Jul 2014 #53

An 11 year old Mercedes. n/t pnwmom Jul 2014 #49

Target to assholes. Luminous Animal Jul 2014 #60

I read the story, and the author wasn't made a target. She felt guilty. That was it. Romulox Jul 2014 #71

How about Koch bros and Limbaugh and Hannity and Oreilly sell everything they have randys1 Jul 2014 #32

People tooling into the welfare office or cheap market that accepts their EBT card Warpy Jul 2014 #35

Good post/reply AllyCat Jul 2014 #47

+1 nt Live and Learn Jul 2014 #54

Still, it's a privilege to have the resources to outlast periods of poverty eridani Jul 2014 #59

Good point. Jamastiene Jul 2014 #61

And there's the difference between being temporarily poor and starting from poverty. Gormy Cuss Jul 2014 #66

Those of us who have been there agree about the Mercedes Warpy Jul 2014 #78

Thank you for the thread ,mfcorey. sheshe2 Jul 2014 #36

Should've sold the babies. Gormy Cuss Jul 2014 #38

I hear you Rosa Luxemburg Jul 2014 #39

The poverty rules. AllyCat Jul 2014 #45

has the Washington Post ever posted a story Enrique Jul 2014 #62

I know all about the financial scrutiny; went through it for a county nursing home this year. And a WinkyDink Jul 2014 #64

Being poor in grad school isn't the same thing as generational poverty. Story was bs, imo. nt Romulox Jul 2014 #68

Now she's in grad school. MoonchildCA Jul 2014 #80

kick samsingh Jul 2014 #69

I'm glad she didn't suffer to point she needed to sell her mercedes aikoaiko Jul 2014 #72

WIC is a targeted nutritional program with eligibility to those up to 185% of the poverty line. Gormy Cuss Jul 2014 #74

It is also Money to big Agri 4Q2u2 Jul 2014 #77

That is why the Food and Nutrition Service is under the USDA Gormy Cuss Jul 2014 #82

Most Americans are just a paycheck or two from this very situation liberal N proud Jul 2014 #76