Today is your day Boomer! And maybe it is a day that you consider buying a new car. Need some numbers to help you? Some eye-popping numbers! Here are some statistics from the website Reviewlution: the average price of a new car in Canada is 45,000$ while the average cost of a used car is 25,000$. The monthly cost of owning a car is 740$ and a new car depreciates up to 20% in the first year! OK, that article was slightly dated from two weeks ago. This is what Autotrader stated in September: "AutoTrader crunched the numbers and found the average price of a new vehicle in August was $56,078. That’s an increase of 18.3 per cent over the same period last year.
The average used vehicle price in August was $37,768, an increase of 28.6 per cent." Wow...and wow again. Are you sure you want a new or newer vehicle right now? Don't forget tax on top of these prices, plus that dreaded "dealer administrative fee".....oh, and maybe new snow tires! Good luck car-shopping Boomers. Your wallet will be much lighter, any way you look at it....
Today is your day Boomer! Attached are two news articles summarizing the court case involving our beautiful Melissa. You are so missed. (1) https://www.timescolonist.com/local-news/crash-that-killed-beloved-teacher-leads-to-probation-driving-ban-7398712 (2) https://www.cheknews.ca/exceptional-loss-man-sentenced-for-2022-crash-that-killed-woman-on-vancouver-island-1164091/
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