A Slice Blog correspondent observed the aftermath of a traffic accident at Thurston and Perry on Spokane's South Hill this morning.

Both drivers seemed to be OK.

But the damage to the vehicles was considerable. Tow trucks were required for both.

A woman who had been behind the wheel of one of the wrecked cars said she was headed home from the dealership in her brand-new auto when the accident took place.

We've all heard about depreciation beginning the moment you drive off the lot. But that's ridiculous.