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Old 06-09-2019, 02:27 PM
QuickSilver is offline
Join Date: Mar 2000
Posts: 19,065
Originally Posted by SamuelA View Post
Basically, you upgrade your phone. Say the old one is an iPhone still going for $150 on eBay. So you sell it. The new one breaks a year later and money is tight. So you buy back the same model on eBay, in similar condition, for $100.

Depending on the depreciation curve and the transaction cost and the rate you break phones determines how much you save doing this. But it's a generally optimal strategy.

Same argument for extra cars with more than scrap market value and other extra things.
Does, "Shut the fuck up, you tedious pedantic bastard!", come up often in your daily interactions with people?
St. QuickSilver: Patron Saint of Thermometers.