Re:Wealthy use debt to buy future cash flow everyone else us...
by TimBurr on Monday May 10, 2021 @09:50AM
(#27105963)
This even works for some non-antique cars. Jeep Wranglers (TJ generation) and Mazda Miatas (NA generation) have both appreciated somewhat in recent years.
Of course, no one's getting rich when a car appreciates from $5000 to $6000 or $3000 to $3500 over a few years. Net of repairs it's probably break-even. But it's nicer than losing value :)
Of course, no one's getting rich when a car appreciates from $5000 to $6000 or $3000 to $3500 over a few years. Net of repairs it's probably break-even. But it's nicer than losing value :)