709: Steel-Cable Insurance
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Why does the episode start with a story about selling a Volkswagen and what does it set up?
I had been looking to see whether or not my VIN number for my Volkswagen had been listed online for sale. And it hadn't been. I've been checking every other day or so because I'm me and I like to know these things. Why are you stalking
your ex?
Because I'm curious. There is no good. No good can come from this. It's I just find it interesting. And I was curious what they were going to list it for. And so – But
how – okay. There's only one way this can go. Like they're not going to list it for below what they paid you.
Oh, of course. So they're going to
list it for some amount of money that is above what they paid you. And the only thing they can possibly do is make you feel bad that they didn't pay you enough.
Well, so on paper, especially when we're talking about me, yes. however however first of all i'm needy and i just want to know and second of all i i feel like i had done the best i could do short of a private sale right i had surveyed a couple of different options i kind of sort of and it was my own choice but i kind of sort of wanted to do it with a quickness and i had and i had done what i thought was best for me at the time and i stand by that Now, if I had sold it privately, I'm sure I could have gotten quite a bit more money, but I didn't want to mess with any of that. I have no patience for that. I absolutely did not want to have somebody test drive the car, whether or not I'm in it, but watching them like melt my clutch.
No, thank you. So I did what I think was right for me.
Yeah. The whole reason to sell to like a company like that is so that it's out of your hands. It's quick. It's done like you're not getting the best possible price, but you're at least like not having to deal with any of that.
Exactly.
The last thing you should possibly then know is like, so how much profit are they going to make off of me? There's no good that comes from that.
Well, again, I think it's fascinating just because I was curious what they would do. And when I sold the BMW to a local CarMax equivalent, it was one of those like, we'll beat CarMax prices, but they beat it by literally $150, I believe. Anyways, when I sold it to them, I forget what they listed it for, but it was, I don't know, a couple grand more than they paid me, which is what I expected, right? I mean, it was a... relatively unremarkable three series and it was relatively high miles and they sold it presumably for a little bit more than they paid me it makes perfect sense i get it um so i went and at the tip of a friend of mine i went to see okay how much are they going to sell my car for so i i
I should tell you that I bought the car on the 30th of August in 2018. That is almost exactly eight years ago from when I sold it to CarMax. I sold it on the 14th or 15th of August in 2026. At the end of August in 2018, I paid, I'm looking at the buyer's order right now. I paid a shade less than $40,000, right? For this brand new 10 miles on the odometer as per the buyer's order, a brand new Volkswagen Golf R. I sold it to CarMax. I think I said, what was it? 26 and change. I forget exactly what it was now. I sold it for 26 and change. Other people had offered quite a bit less than that. And I felt like I was doing pretty well. And to be honest, I still do. CarMax is listing my car for a shade less than $39,000.
I'm sorry, I lied to you a minute ago. That was the price with taxes. The actual purchase price, by mistake, was $37,500. So before taxes, $37,500. In 2018, brand new, CarMax has it listed for a shade less than $39,000. This car appreciated from their point of view since I bought it. And I find that astonishing. I'm actually not upset about this because I don't think they're going to sell it for that much. But can you fathom? They're selling it for more than my total purchase price in 2018. I am shocked.
Rare cars appreciate.
I guess. I didn't think it was that rare,
though. I mean, but it didn't appreciate that much. Not like they're selling
it for, you
know, 300 grand. But yeah, rare cars appreciate. Just ask all your 911 friends.
we have a couple things to announce.
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Chapters
8 chapters
1
Why does the episode start with a story about selling a Volkswagen and what does it set up?
0:00–14:23
2
What is the new ATP Member’s Special and how is the St. Jude fundraiser introduced?
14:23–32:36
3
How does the Marco Offset donation calculator work and why is Claude AI mentioned?
32:36–47:53
4
What do the preliminary Geekbench scores reveal about the A20 Pro, M6 and iPhone 18 Pro performance?
47:53–1:03:21
5
How do the variable aperture blades on the iPhone 18 Pro affect starbursts and low‑light photography?
1:03:21–1:20:03
6
What are the key iPhone Duo features and concerns – action button, mirroring, and split keyboard?
1:20:03–1:37:25
7
Why is Apple Pencil support on the iPhone Duo problematic and what work‑arounds exist?
1:37:25–1:52:43
8
How did John set up a cheap S3 backup with Glacier Deep Archive and what savings did it achieve?
1:52:43–2:07:39