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	<title>Comments on: Teen Trades up on Craigslist from Phone to Porsche in 2 Years</title>
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	<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/</link>
	<description>What&#039;s happening in the automotive industry is on Auto in the News</description>
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		<title>By: Marvin</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-13073</link>
		<dc:creator>Marvin</dc:creator>
		<pubDate>Tue, 06 Sep 2011 15:13:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.autointhenews.com/?p=2988#comment-13073</guid>
		<description>He should&#039;ve bartered for a driveway cause apparently he can only park his car on the lawn.</description>
		<content:encoded><![CDATA[<p>He should&#8217;ve bartered for a driveway cause apparently he can only park his car on the lawn.</p>
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		<title>By: Mandi</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-11180</link>
		<dc:creator>Mandi</dc:creator>
		<pubDate>Tue, 31 May 2011 12:36:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.autointhenews.com/?p=2988#comment-11180</guid>
		<description>So many haters filled with negativity and jealousy.. but that aint going to lessen his achievements.. so keep on sickening yourselves with hate.

hahaha sorry ass haters.</description>
		<content:encoded><![CDATA[<p>So many haters filled with negativity and jealousy.. but that aint going to lessen his achievements.. so keep on sickening yourselves with hate.</p>
<p>hahaha sorry ass haters.</p>
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		<title>By: Jaymonds</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-8265</link>
		<dc:creator>Jaymonds</dc:creator>
		<pubDate>Mon, 20 Dec 2010 05:06:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.autointhenews.com/?p=2988#comment-8265</guid>
		<description>I can’t believe everybody’s giving him credit for this.</description>
		<content:encoded><![CDATA[<p>I can’t believe everybody’s giving him credit for this.</p>
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		<title>By: Dr Evil</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-7804</link>
		<dc:creator>Dr Evil</dc:creator>
		<pubDate>Fri, 10 Dec 2010 05:42:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.autointhenews.com/?p=2988#comment-7804</guid>
		<description>Holy crap that awesome! I have 3 old phones, craigslist here I come!</description>
		<content:encoded><![CDATA[<p>Holy crap that awesome! I have 3 old phones, craigslist here I come!</p>
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		<title>By: aaron arch</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-5946</link>
		<dc:creator>aaron arch</dc:creator>
		<pubDate>Thu, 04 Nov 2010 11:56:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.autointhenews.com/?p=2988#comment-5946</guid>
		<description>In that photo you can see the left headlight smashed up.</description>
		<content:encoded><![CDATA[<p>In that photo you can see the left headlight smashed up.</p>
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		<title>By: Bry</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-5217</link>
		<dc:creator>Bry</dc:creator>
		<pubDate>Tue, 19 Oct 2010 20:03:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.autointhenews.com/?p=2988#comment-5217</guid>
		<description>@Emme  The insurance on a car is nowhere near what you might think - I pay less for my Boxster than I do for my Volvo station wagon.  
Maintaining a Porsche car, on the other hand, isn&#039;t cheap.  Dealership prices are near $1500 for an oil change, so I hope he has a good independent shop nearby or is good with a wrench.  They don&#039;t need much attention if you keep it in good shape, though, and the manual only calls for those oil changes every 1500 miles.

I wish him well, this kid has the drive and patience to succeed</description>
		<content:encoded><![CDATA[<p>@Emme  The insurance on a car is nowhere near what you might think &#8211; I pay less for my Boxster than I do for my Volvo station wagon.<br />
Maintaining a Porsche car, on the other hand, isn&#8217;t cheap.  Dealership prices are near $1500 for an oil change, so I hope he has a good independent shop nearby or is good with a wrench.  They don&#8217;t need much attention if you keep it in good shape, though, and the manual only calls for those oil changes every 1500 miles.</p>
<p>I wish him well, this kid has the drive and patience to succeed</p>
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		<title>By: dwindle</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-3885</link>
		<dc:creator>dwindle</dc:creator>
		<pubDate>Sat, 14 Aug 2010 13:59:53 +0000</pubDate>
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		<description>he owes sales tax on every single item he bartered from the very beginning, which is probably worth more than the car.</description>
		<content:encoded><![CDATA[<p>he owes sales tax on every single item he bartered from the very beginning, which is probably worth more than the car.</p>
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		<title>By: Phil</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-2885</link>
		<dc:creator>Phil</dc:creator>
		<pubDate>Thu, 29 Jul 2010 20:20:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.autointhenews.com/?p=2988#comment-2885</guid>
		<description>I&#039;m doing the same thing with a twist. I&#039;m starting with an iPhone and trying to pay off my debts. I started a blog and twitter to document it all. I&#039;ll be letting readers help evaluate my trade offers and interact along the way. Check it out: www.craigstrade.com www.twitter.com/craigstrade</description>
		<content:encoded><![CDATA[<p>I&#8217;m doing the same thing with a twist. I&#8217;m starting with an iPhone and trying to pay off my debts. I started a blog and twitter to document it all. I&#8217;ll be letting readers help evaluate my trade offers and interact along the way. Check it out: <a href="http://www.craigstrade.com" rel="nofollow">http://www.craigstrade.com</a> <a href="http://www.twitter.com/craigstrade" rel="nofollow">http://www.twitter.com/craigstrade</a></p>
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		<title>By: Jaclyn</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-2874</link>
		<dc:creator>Jaclyn</dc:creator>
		<pubDate>Thu, 29 Jul 2010 16:50:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.autointhenews.com/?p=2988#comment-2874</guid>
		<description>I can&#039;t believe everybody&#039;s giving him credit for this. One Red Paperclip rip off, and One Red Paperclip was so much better anyways. A Paperclip to a house is crazy.</description>
		<content:encoded><![CDATA[<p>I can&#8217;t believe everybody&#8217;s giving him credit for this. One Red Paperclip rip off, and One Red Paperclip was so much better anyways. A Paperclip to a house is crazy.</p>
]]></content:encoded>
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		<title>By: Tim</title>
		<link>http://www.autointhenews.com/teen-trades-up-on-craigslist-from-phone-to-porsche-in-2-years/comment-page-2/#comment-2825</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Wed, 28 Jul 2010 23:45:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.autointhenews.com/?p=2988#comment-2825</guid>
		<description>I find it amazing that the first thing Citizen thinks of is &quot;he better pay taxes&quot; sigh. &quot;Gift taxes&quot; are ridiculous. 

I bet you support the estate tax as well. Your parents save their whole lives to be able to hand something over to you when they die and the Government taxes it. Not to mention that income that was saved over their lifetime has been taxed to death already, gotta get em one more time on the way out.  Estate taxes hurt the middle class more than anyone. Let&#039;s say the average house is around $100,000 and you inherit that when your parents die.

&quot;For amounts over $100,000 but not over $150,000, the tentative tax is $23,800 plus 30% of the excess over $100,000.&quot;

The average middle class American who inherits the family home owes the Government nearly 24 thousand dollars for their trouble. One quarter of your inheritance... insane.</description>
		<content:encoded><![CDATA[<p>I find it amazing that the first thing Citizen thinks of is &#8220;he better pay taxes&#8221; sigh. &#8220;Gift taxes&#8221; are ridiculous. </p>
<p>I bet you support the estate tax as well. Your parents save their whole lives to be able to hand something over to you when they die and the Government taxes it. Not to mention that income that was saved over their lifetime has been taxed to death already, gotta get em one more time on the way out.  Estate taxes hurt the middle class more than anyone. Let&#8217;s say the average house is around $100,000 and you inherit that when your parents die.</p>
<p>&#8220;For amounts over $100,000 but not over $150,000, the tentative tax is $23,800 plus 30% of the excess over $100,000.&#8221;</p>
<p>The average middle class American who inherits the family home owes the Government nearly 24 thousand dollars for their trouble. One quarter of your inheritance&#8230; insane.</p>
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