Quote:
Originally Posted by bentring
I totally understand how some people feel about new cars and payments, because I've always said I would never pay for the depreciation of a car, but over the last couple of decades playing the used car lottery has gotten less and less appealing vs the peace of mind and not having to pretend to be an oak tree mechanic.
|
It's only depreciation if you're buying it to sell it. I bought it to use it, and every dollar is "spent" on it, not "invested" in it. What's depreciation? It'll be "worth" a few hundred when it's nearly dead and the place I'm buying its replacement from pretends I'm "trading" it in.