Using cars as a monetary investment
What are you opinions on purchasing cars solely for expected appreciation of its value? I feel like they can definatly hold their value but it takes much longer than expected to overcome inflation in the first place. !
My grandfather alwasy said: buying a car is one of the worst investments you can do.. I'm not telling you it is completely true but... Storing a car costs a lot of money and you cannot drive it for maybe 10 or more years. As soon as you take a ride, its value decreases rapidly.
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