• Scrubbles@poptalk.scrubbles.tech
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    2 months ago

    Oh my god why do people think cars retain their value? They depreciate immediately when you drive them off the lot. Cars are not houses people, they do not appreciate in value.

    • Wrench@lemmy.world
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      2 months ago

      Yeah, the one saying that was claiming that after your initial deprecation after driving off the lot, trucks tend to hold their value for a long time. So might as well.

      He’s also the guy that’s last minute panicking about saving for retirement in his 50s.

      Go figure.

    • MonkeMischief@lemmy.today
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      2 months ago

      Except for Honda Elements. Well they at least super held their value.

      …and I tanked it by borking a self-repair but still got ~$900 scrap for it.

      Such a cool rig and I’ll miss it forever.

      It’s insane how much people would pay for them especially during 2020. Rare case hahaha.