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Old 01-23-2014, 12:14 AM   #64
franken
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Join Date: Jun 2013
Location: Somewhere
Posts: 3,052
Re: Automotive myths

Myth:
A vehicle is an investment.

Paraphrased: I have $10k invested. I'll take $5k. Meaning $2.5k out the door today.

Truth:
An investment is money spent with the hope that it will return a profit.

For most of us, there's no money in old vehicles. Sure it works on TV, but then we have to live in the actual world, not TV...
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