Quote:
Originally Posted by techwhiz1
A car is a mobile depreciating asset.
This is the rule, not the exception.
There are special cases times when this is not true.
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1000% techwhiz!!! This past year is only the 2nd time in over 25 years of us buying/selling/trading cars where we have had multiple vehicles with equity.
Everyone should plan on every car depreciating, and never count on making money. While it can happen, it is beyond out of any kind of norm!