Catering to used car buyers-parts

[quk@isham-research.demon.co.uk (Phil Payne)]

In message <199712311542.KAA04845@guru.ai.net> Fringe Ryder writes:

> Not necessarily.  The U.S. stock market has returned over 11% over the last
> 90 years, on AVERAGE.  1990s European inflation has been much higher.  For
> sake of avoiding debates, we'll go with the very conservative 11% number.
> 
> Many of the cars on this list are more than a decade old (which means
> 1987).  In one decade, an unused part will almost triple in cost due to
> that 11% inflation. (It will go up to 284%.)  The 15-yr old urQs will
> almost quintuple!

I think you might need to check a fact or two.  I can send you a spreadsheet
with the UK's monthly RPI (Retail Price Index) on it if you'd like.

The UK's index was rebased to January 1987 at a value of 100.  Using this base, 
inflation ran to 154.4% in January 1997.  This is 4.44% per annum, although 
there was a peak of around 10% in July 1990 - for the last few years, inflation 
rates have rarely exceeded 3% per annum.

-- 
 Phil Payne
 Committee Member, UK Audi [ur-]quattro Owners Club