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Personal Finance (Not Investing) • Re: Car/Airplane/Toy Purchases % of Income or % NW

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I’ve mentioned this in other threads but it’s not just the purchase price, it’s the expected depreciation. Will a $200k boat be worth $40k in 4 years while a $200k rare/desirable car may still be worth $200k? To me a car purchase (or other toys like watches) = what am I paying for it now, what do I expect it to be worth later, and how easy will it be to sell when needed?

Statistics: Posted by BruDude — Fri Jun 14, 2024 12:24 am



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