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/biz/ - Business & Finance


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6549381 No.6549381 [Reply] [Original]

Is investing in an car a good idea?

>> No.6549453

>>6549381
>invest
>car

pick one

>> No.6549501

>>6549381
It depends, is it a special and rare car?

>> No.6549527

>is investing in a quickly depreciating asset with high maintenance costs a good idea?

>> No.6549532

Leasing a sports car is a classic Tracy Jordan investment.

>> No.6549559

>loses 50% of value in first year of usage

Yes anon totally! Lets invest in cars!

>> No.6549576

>>6549381
cars are expenses, not investments (unless you plan on literally not driving the car).

>> No.6549619

>>6549381
Cars are always a waste of money. If you do decide to splurge, buy used, no exception.

>> No.6549680

>>6549381
Buy air jordans nigger

>> No.6549706

>>6549527

I was going to post something but this anon summed up my thoughts perfectly.

>> No.6549719

>>6549453
This

>unironically read richdad poor dad

>> No.6549860

>>6549576
usually not always.
That being said
doesn't mean you can't buy yourself something nice within reason.
>>6549619
I bet you like your women used too soyboy.

>> No.6549906

>>6549381
invest ; Jnˈvɛst ; verb
1. put (money) into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.

>> No.6549938

>>6549381

fuck no

just rent and drive for fun

>> No.6550059

>>6549381
A car is never an investment. You're only losing money with a car, never gaining any. Remember that.

>> No.6550100

>>6549453
FPBP

>> No.6550173
File: 63 KB, 645x729, GLAB.png [View same] [iqdb] [saucenao] [google]
6550173

>>6549381
Don't listen to these idiots, cars are great investments. You should invest in one so that you can drive to work and make money.

>> No.6550188

>>6550059
Not true, try to buy a 1971 Hemi Cuba in show condition. Pro tip, you can’t afford it, if you can even find one.

>> No.6550190

>>6549381
If its limited edition or classic, yes.
But if you want nice car that you can drive around and pick up girls then make money off this, NO.

>> No.6550211

>>6549381
yes they call them "investment vehicles" for a reason

>> No.6550255

>>6550188
*Cuda

>> No.6550348

>>6550173
this.
Would never hire anyone who didnt have a car.