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What if your car will completely break down? You need to add the cost of the car to your valuations for this to be viable.


The full value of the car ($2.5k) + $1k is included.


This is not the value of the car. This is the value of YOUR car. A car you know and the car you have driven. In case of buying a new car, you cannot be sure that the car will just die a month after buying.




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