Fine maybe not 50% immediately. I just ran the numbers and a Ford F150 purchased 2 years ago for 42k would today be worth (max) 30k. I wouldn’t exactly call that an investment, or an asset even. I would definitely call the loss of 12k in value depreciation.
Fine maybe not 50% immediately. I just ran the numbers and a Ford F150 purchased 2 years ago for 42k would today be worth (max) 30k. I wouldn’t exactly call that an investment, or an asset even. I would definitely call the loss of 12k in value depreciation.