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Re: Another Gollum classic

"Dogpoop" <dogpoop@hotpop.com> gurgled happily, sounding much like they
were saying:

> Indeed we bought a £32000 car for £7000 about 7 years
ago, and it's
> still worth ~£3000 so it's not lost anywhere near as much as is
> suggested.  By the time we change it'll owe us nothing, IMHO, though we
> don't intend to change it in the foreseeable/next 10 years.  We also,
> and many others I believe, didn't need to bother with finance, so the
> capital costs are also useless in the tables.

Not quite, since you're looking at the lost investment income on seven
years of £7k... At 5%, the savings calculator on Motley Fool suggests
that's nearly £3k.

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