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Old 06-27-2019, 09:26 AM   #90
Tcoat
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Quote:
Originally Posted by Dadhawk View Post
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.
Capital expenditure resulting in a depreciating asset is what we would call them in in manufacturing.
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