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Present Car New Car Purchase cost new $30,000 Transmission and repairs $6,500 Annual cash operating cost 8,500 7,500 Fair market value now 6,000 Fair

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Present Car New Car Purchase cost new $30,000 Transmission and repairs $6,500 Annual cash operating cost 8,500 7,500 Fair market value now 6,000 Fair market value in five years 1,000 6,000

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