Quote:
Originally Posted by extrashaky
Most of the time with transportation assets you're talking about trucks, vans and passenger vehicles that are used for their utility in a particular commercial purpose. Guys buy trucks to carry their tools to job sites. Uber drivers buy cars to carry people. These can be profitable investments.
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Technically yes its an investment in the sense it is a capital expenditure with an ROI, but the vehicle itself doesn't appreciate in value, which is crux of the discussion here.
The vehicle basically gives its life for your livelihood, but it does not become more valuable, it becomes worthless.