Quote:
Originally Posted by WiredGuy
I've always loved the high end cars that are $100k+ but I never bought one for a simple reason. The depreciation on these cars is insane. The minute you drive off, you lose $40k??! That's insane to me. I'd much rather put down $30-$50k into a car I'll use just as much and put the rest into property or something that keeps it's value. That being said, I say go for the cheaper car
WG
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I actually agree. Although I still think 40+ for a car is too high unless it's a family car that is decked out with shit for the kids.
But I live in the city and never drive. I have a Monte Carlo that gets the job done. Still, I'd rather put my money into properties, investments, and so on that earn money instead of a car that will be worth scrap metal in 10 years.