Official Crappy Parkers Thread

[Chuck33079]

Originally Posted by PaulZ370

Barret Jackson? So, let me see, the fact that you can take your car to the dealership and get as much return for it as possible when purchasing another, is that not an investment?

That's ok. I did not make the statement to convince anyone otherwise. You go ahead and define it in whatever you terms you want to. LOL!

You get less back from the dealer than you paid for it. It's not a return, its a loss. A car is not an investment. An investment is something you expect to gain in value. The only cars that are appreciating in value are incredibly rare and expensive already.

[SouthArk370Z]

You're both right.

From Investment - Wikipedia, the free encyclopedia :

Investment has different meanings in finance and economics.

In economics, investment is the accumulation of newly produced physical entities, such as factories, machinery, houses, and goods inventories.

In finance, investment is putting money into an asset with the expectation of capital appreciation, dividends, and/or interest earnings. This may or may not be backed by research and analysis. Most or all forms of investment involve some form of risk, such as investment in equities, property, and even fixed interest securities which are subject, among other things, to inflation risk.

[PaulZ370]

Originally Posted by Chuck33079

You get less back from the dealer than you paid for it. It's not a return, its a loss. A car is not an investment. An investment is something you expect to gain in value. The only cars that are appreciating in value are incredibly rare and expensive already.

Sure...