re: Car Sales Are Slipping Into Recession-Level Decline

quote:

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But a vehicle is a liability, not an asset. A motor vehicle, except in special circumstances, will never be worth more than the purchase price


I guess it's a good thing I don't treat a vehicle as an asset. This is kind of a weird reply to what I posted

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Let me clarify. I get what you are saying... if you are paying 20k for a car, you can invest most of that while you pay the loan down and by rule, you will make more through investing than if you spent all 20k at once.

However, most do not do this and this does not account for emergencies which may arise. Personally, I find it better to pay cash and not have a payment looming over my head.