The Nissan Leaf Gets a New Rear Axle

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Well, I finally have a salvage title for the 2013 Nissan LEAF (Actually I dont have the title yet, but I think they mail it to me. We are far from settled with the insurance company for sure. It has been six months since Angie was rear ended. The following chart shows a very sad and disturbing trend. Insurance companies aren't paying out. It should be criminal. I went shopping for a new rear axle so I can get the car driving again. The rear ended axle was so bent, the car couldn't move. The new one with no connecting bits was over a thousand dollars. The cheapest used ones I could find on ebay were over 500 dollars. I finally scored at a local used parts place for 95 dollars (removed) and with associated bits such as bearings, bushings, parts of the brakes. It took me a concentrated day with cancelled and moved meetings to get the axle replaced and the car running again. The accomplishment felt good. I am now configuring the car with tractor tires and other modifications t...
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DJ and I toured the CNN studios in Atlanta Sunday.

I almost bought a house last week in Duluth. I wasn't quite fast enough on the trigger. Someone else got the deal a few hours ahead of me. There are some really good deals out there when you are bottom fishing like me.

Comments

David said…
Maybe you are already dealing a lot with real estate but if not: the other day I read the bestseller 'Rich Dad, Poor Dad' where it's a lot about real estate as a good way of investing. I don't know anything about real estate but it was kind of an eye opener because -as it seems- real estate, when bought for your own use instead of for renting it out and for making money off of it, is actually rather a liability than an asset. Kind of turns the whole picture upside-down because one always hears 'your own house is your best asset'. Surely that can be true, but it seems as if in most cases it's rather a liability (in the meaning of a big to huge financial burden), at least for many to most.
6:35 AM
Charles said…
Contrary investing and true liquidation value.

One of the truly unique things about real estate is land. Land cannot be depreciated. Why is that? Can a particular structure on a piece of land make the land more valuable?

Investment in a car has a terrible ROI except when you take into account that the car is getting you to work, right?

As usual I feel I am being cryptic. I really don't mean to be.
7:18 PM
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