4 ms·
Good point. Cars are not really a good asset except in very special cases. I should have probably picked a better example. They will many times borrow agains
by sumtechguy 5y ago
Good point. Cars are not really a good asset except in very special cases. I should have probably picked a better example. They will many times borrow against an existing asset to basically buy/grow another asset. The 'fluff' is usually for tax writeoff if they can.