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Topic	Cars are such a waste of money.
CountessRolab 04/14/17 9:00:46 PM #16:	Doctor Foxx posted... For the fun of depreciation: I bought a used BMW that was maintained and had low mileage. It was 11 years old when I got it. Original sale value was 75-80K in 2002 dollars. I got it for 8K in 2013, which was just under the blue book value. That's more than 90% value lost in a decade. Vehicles do depreciate fast. Luxury cars even moreso. New cars take a huge drop in value the moment you drive them off the lot. --- https://i.imgur.com/Ux7l21R.jpg <cite>CountessRolab posted [p:877212588] in Cars are s... [t:75237205]...</cite> <quote><cite>Doctor Foxx posted...</cite> <quote>For the fun of depreciation: I bought a used BMW that was maintained and had low mileage. It was 11 years old when I got it. Original sale value was 75-80K in 2002 dollars. I got it for 8K in 2013, which was just under the blue book value. That's more than 90% value lost in a decade. Vehicles do depreciate fast. Luxury cars even moreso.</quote> New cars take a huge drop in value the moment you drive them off the lot. --- https://i.imgur.com/Ux7l21R.jpg</quote> ... Copied to Clipboard!
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