My Car is Worth $100,000

By | November 3, 2005

Actually, if I advertised it for sale, I would get about 7000 NIS ($1500). But if I priced it part by part, it would be worth a fortune. I know this because this week I replaced the headlight switch ($400) and the washer fluid pump ($100). For years I have needed to replace the exhaust manifold ($1000), but have managed without. Last year I replaced the engine ($2000). And there are lots of other parts. Altogether, I am sure that it would raise my net worth significantly. Maybe I could use that argument to qualify for a larger loan using the car as collateral? Or I could just sell the vehicle one part at a time.

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