TwentyTwentyThree
Well-known member
All I’m saying is, a (daily driver) car (or truck/suv) is a depreciating asset and can not be looked at as an investment.
I think a rule of thumb for depreciation assuming annualized 15k is
20% - first year
15% - every consecutive year until year 5 then it falls of a cliff.
I think a rule of thumb for depreciation assuming annualized 15k is
20% - first year
15% - every consecutive year until year 5 then it falls of a cliff.
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