A car as an investment

I would like to suggest a topic for discussion where the car is seen as an investment of financial resources. After all, you can invest in anything. It is not always successful. That is why we need your opinion. The car, as I understand it, must be used. A new car loses up to 20% of its value in the first year. Suggest your options for car models. I think it will be useful for everyone!

Well, I don't even know. Usually you invest in something that doesn't have a lot of wear and tear. Say, real estate. Or in gold and cryptocurrencies. I wouldn't. A car is a household appliance. It should be treated that way. Does anybody invest in appliances? Not that I know of. Although I suppose with the right approach it makes sense, too. If investing in a used car, only with the help of professionals https://saasmetrics.co/common-mistakes-drivers-make-when-buying-a-car/.

My opinion is that used cars, when approached correctly, are a good investment. To do this, you need to study the used car market. Identify the models that lose the least value. Examine the technical condition of the cars you are interested in. Then reduce the seller's price as much as possible. Consult with specialists. If you have done all of the above steps, a used car can be considered an investment. Good luck!

Your post is very nice and informative. It taught me a lot of useful things. Thanks

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