Quote:
Originally Posted by Dégoûté
If owning a home is better than renting, how can leasing a car be better than owning it? Genuinely asking.
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Property is an investment that generally appreciates in value over time.
A car, like a daily use BMW, is a depreciating asset that loses value, typically as soon as it leaves the showroom. There are some exceptions such as specialist and collectible cars that are investment assets.
As with any investments value can go up or down at a given time.
