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re: When do you trade in your vehicles?
Posted on 3/2/21 at 10:29 pm to 3deadtrolls
Posted on 3/2/21 at 10:29 pm to 3deadtrolls
All vehicles are a terrible investment unless you drive wheels off.
I just chalk it up as part of life.
I just chalk it up as part of life.
4
Posted on 3/2/21 at 10:44 pm to p&g
quote:
All vehicles are a terrible investment unless you drive wheels off.
Even then the wheels don't just suddenly fall off after 15 years of worry-free driving. Older cars start nickle and diming you with repairs, especially if you aren't handy enough to do them yourself.
Anyway, cars aren't an investment, they are a service. How much are you willing to pay every year to get from A to B with a certain level of comfort and reliability?
Posted on 3/3/21 at 7:46 am to p&g
quote:
All vehicles are a terrible investment unless you drive wheels off.
It's not an investment. It's an expense like the light bill, but you might recoup some value out of it when you dispose of it.
I had someone that I think is generally an intelligent person once tell me he needed to trade to keep his asset value up.
Posted on 3/3/21 at 2:58 pm to p&g
100% thruth
Posted on 3/3/21 at 5:12 pm to p&g
quote:
All vehicles are a terrible investment unless you drive wheels off.
An investment is something that you hope appreciates in value.... vehicles do not!
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