Though after a certain amount of time a sufficiently expensive car becomes ‘classic’ and starts appreciating in value again.
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this only works on cars boomers think are cool I guarantee you you aren’t going to see any 1988 Chrysler LeBaron convertibles selling for six figures no matter how rich the Corinthian leather
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And we don't have 70 years of fedgov policy built around getting the masses into classic cars as "investment vehicles" INVESTMENT VEHICLES, GET IT???
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And when they can’t sell the cars, it’s the millennials’ fault.
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Here's why millennials are destroying car ownership.
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The house never appreciates, the land appreciates (typically).
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I'm cool with the land appreciating, and the home appreciating if it is worked on. I know a couple who bought a house worth maybe $20K for $54K and expect to sell it for what they owe (~$30K). Good luck with that.
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Not just used cars, but totally customized tuner monster trucks, built entirely to personal specifications. "I'm not sure I want a truck with two steering wheels." "THAT'S WHY IT COST SO MUCH TO BUILD." "...and is 50 feet long" "THAT'S WHY IT NEEDS TWO STEERING WHEELS!"
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Aaaactually
@elonmuskThanks. Twitter will use this to make your timeline better. UndoUndo
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.