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niky · 10-05-2012, 10:08 AM

Even if you don't sell it, calculating how long it takes to depreciate a car to scrap value helps assess how much you're spending per kilometer versus using something else.

Totally agree, though... Cars are not monetary assets.

10-05-2012, 10:08 AM	#12 (permalink)
niky Master EcoModder Join Date: Aug 2010 Location: Philippines Posts: 2,173 Thanks: 1,739 Thanked 589 Times in 401 Posts	Even if you don't sell it, calculating how long it takes to depreciate a car to scrap value helps assess how much you're spending per kilometer versus using something else. Totally agree, though... Cars are not monetary assets.