05-26-2017, 01:33 PM
Apoc Wrote:I don't think conceptually they are much different but the allure of buying a house is to be able to build equity and get tax benefits and a lot of people do this....versus the number of people buying brand new cars just to have something that is going to appreciate in value eventually, someday being very very low. In other words, houses are sold with those things as benefits to the purchase, *new* cars are sold as transportation or as a fun toy not something that is going to make you money.G.Irish Wrote:along with the allure of resale value.
How is this different than people who always talk about resale value of their house?
The big exception to this (notice *new* cars being emphasized) is when guys buy rare restored classic cars or buy older, beat up classics and restore them for profit.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks