Doctor P
<font color=navy><font color=navy>Chocolate covere
- Joined
- Jan 24, 2000
The supposition is that the difference in resale value will be "more" than $15 per point. If not immediately (something we don't know), then within, say, 10 years time...as the 2042 contracts get closer to expiration.
That's what the "current" benefit would be: commanding a higher price at resale.
Exactly. Let's say I want to sell in 2037 to avoid having to continue paying the maintenance fees. With five years left, my contract will be worth only a small proportion of what the contract would be worth with 20 years left. For example, the contract for five years left might be worth $20 per point while, reasonably, the one with twenty years left would be worth near fully inflated value (my guess is that will be around $300 per point at that time). All I said was that the contracts would go up in the short term by $15 per point. I did not say that that would be the difference between the two types of contracts. The market will determine that, but I am guessing that the difference will be many times that amount of money as we get closer and closer to 2042.