Quote:
Originally Posted by Will BRZ
I never understood why people think cars are investments. I think mostly non car enthusiasts have this mentality. I love driving my car and not once does it cross my mind that it's depreciating in value with every mile. It's cool if it's like your weekend car or whatever, but to deliberately not drive it out of fear of not making a profit is kinda dumb.
Houses can be investments. People literally make a living out of "flipping houses" lol but cars are definitely costs. I'd rather have fun and drive the shit out of it and make great memories with it rather than get an extra grand when trade in time comes.
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I never said a car can not be an investment.
Go to Barrett Auto Auctions. You can find investment cars there.
I never sad a house can not be an investment.
Buying a house to fix up and sell or rent is an investment. Buying a house to live in is not.