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.
100% true for the kind of cars you buy to drive.
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)