Yeah I thought about adding that in, but then people think “Like my car!” Pretty much only if you’re buying a literal junker knowing you’re going to refurbish and rebuild the entire thing into mint condition - and you know it’s a high value car, then you’ll probably make a profit. (Even then though, what’s the value of the time and money there)
Still lost value though. Investments and assets can gain or lose value. Cars only lose value.
Most cars only lose value.
A very tiny minority of mostly exotics become collectors items and are worth many times their original value, even after considering inflation.
Yeah I thought about adding that in, but then people think “Like my car!” Pretty much only if you’re buying a literal junker knowing you’re going to refurbish and rebuild the entire thing into mint condition - and you know it’s a high value car, then you’ll probably make a profit. (Even then though, what’s the value of the time and money there)
100% true for the kind of cars you buy to drive.