5 acres of land for pennies on the dollar sound great right? What if it is landlocked on all sides?? What if you need to drill a 1000 foot deep well??? What if it is an environmental waste dumping ground?? Get the picture?
If your car is looking drab on the outside, go ahead and get that makeover. A little paint job can do wonders for an older car. It will make your car look shiny and new. Some people may even ask you when you got a new car. Especially if you get new rear view mirrors too; that will really add to the new look.
There is a way in which anyone with a junk car can still benefit from it. The first thing that you have to do is figure out the market value of your car. There are numerous ways in which to do this. The best and easiest way is to speak to a professional who deals in used cars and find out how much they would be able to sell the car for if they had it. If the car is in a very dire condition you may even find that there are absolutely no car salesmen who would consider trying to sell this car. In this case your only option is to sell it to a car transporter. However, please note that you will still be able to get some money from it, so you do not have to part with it in exchange for nothing.
As for the price of auto parts, aside from the age of the vehicle there is the make and model. In this case foreign car parts are much more expensive than domestically made cars. Most people who buy foreign cars don’t realize this or even think about it until it comes time to get their vehicle repaired. Then they get hit with the bill and their eyes pop out of their head. For example, an oil filer for a 2005 Buick Century is about $2.98. The same oil filter for a Honda CRV is $3.98. It’s basically the same filter for the Honda but it costs $1.00 more. That comes out to a 33% markup on a relatively cheap part. Imagine that same 33% markup on a part that costs $60 for the Buick. You’d be paying about $80 for the same part for the Honda.
If you pull money out of your 401K or IRA early, that 10 percent tax on the early withdrawal is an excise tax. This is present because you are not playing by the rules. That money is intended for retirement, so if you u pull it it out early or you put too much money in, the intent is to penalize you for acting in a way that is against the public policy of the tax code.
But for once, I decided to no more rationalize and act as an ostrich. I decided to take my concern heads-on. I changed my complete life-pattern. For next two years, I committed to new patterns and by the time I was nineteen, I was 5’11” and had an extremely flexible and agile body. Today I have a height of above 6 feet.