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>Today, car ownership is a horrible value proposition Owning a car was literally the only asset I had that appreciated from 2020-2022. Everything else got inf
by notch656a 4y ago
>Today, car ownership is a horrible value proposition
Owning a car was literally the only asset I had that appreciated from 2020-2022. Everything else got inflated to hell or burst in the stock crash. My new vehicle was worth more with 20k on the dash than before I drove it off the lot.
- micromacrofoot 4y agoit's completely worthless value though, you can sell the car now... and then what? buy a car that's also appreciated a similar amount if you continue using the car, the price will come back down before end of life
- notch656a 4y agoI could say that about literally anything. A house, a shoe, a radio, a soldering iron, a phone. Everything goes to zero sooner or later. My retirement plan includes selling off the car and moving to south east asia where I'll buy a 125cc moped, so I definitely plan to "cash out" sooner or later and not for another car.