This makes sense if your net worth exceeds what it would have been had those payments gone toward equity.
Lmao car "equity"
I bought my current car last year for $22,500. I got a $4,502 Federal tax rebate for it. Today the trade-in value is $31,500.
Something of positive value is, indeed, better than one of negative. No, nobody is getting rich of of used cars as consumers go.
But market gonna market
https://finance.yahoo.com/news/used-car-prices-roof-might-110000814.html
I have an '04 Lexus that I'm really hoping to turn around for a profit this summer.
We bought a minivan for our growing family, and the shop for the company where I work is 3 blocks away from home, so I just don't need it.
Would be pretty fucking sweet to turn it into jiujutsu mats and a mini split in my garage instead.
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