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Note that he didn't say depreciating asset, he said liability. I've always considered cars a liability and I'm glad to see I'm not alone.
by globular-toast 3y ago
Note that he didn't say depreciating asset, he said liability. I've always considered cars a liability and I'm glad to see I'm not alone.
- fakedang 3y agoExactly. I just used the depreciables term in case someone put out an argument stating cars can still be resold for some "asset" value.