Re: Car Prices

On 2007-08-31, nico <nicokpe@xxxxxxxxx> wrote:

Cars are a big investment. Since buying a car is relatively a long-
term investment,

<peeve>

No they're not. Cars are expenses. They are not investments
unless you're one of _very_ few people buying classic cars in
anticipation of their appreciation.

You'd have to be dumb as a stump to think of normal cars as an
investments. Something who's value drops by 25% as soon as you
take possession and then continues to drop steadily to $0 over
the next 15-20 years could only be considered an investment by
the severly delusional.

Stocks and bonds are investments. Sometimes real estate is an
invenstment. Tuition can be an investment. Cars are just
expenses.

</peeve>

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