3 ms·
> I want to let someone else take the big up-front depreciation hit that comes with that intoxicating new car smell. It's interesting how people talk about "de
by void_mint 5y ago
> I want to let someone else take the big up-front depreciation hit that comes with that intoxicating new car smell.
It's interesting how people talk about "depreciation" of an item that pretty much never, if ever, increases in value.
- Paradigma11 5y agoWhat term would you prefer? It is a very useful concept.
- bfuller 5y agoBut not all cars depreciate at the same rate. For example for a few years Chevrolet Silverados were made with "cat eye" headlights. Those trucks hold their value far more than chevys with rectangle headlights, all other variables being equal.