Quote:
Originally Posted by dwade23
A car not only depreciates but experiences wear and tear, so comparing both in terms of value does make not sense at all.
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I seriously beg to differ.
List price of a 1970 chevelle SS454 was around 7,200 image follows:
now, that very car sells for 1000% of original list price. Just because a car is cheap doesn't mean that it will depreciate in value. Same goes for expensive cars. You can buy a $2.2million McLaren F1, and then 3 years later, even after driving it, sell it for 5 million.