Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2024 Poal.co

350

If it holds value parked in your barn or generates revenue, it's an asset. If its value plunges when you drive it off the lot and only helps you drive to the coffee shop, it's a liability.

If it holds value parked in your barn or generates revenue, it's an asset. If its value plunges when you drive it off the lot and only helps you drive to the coffee shop, it's a liability.

(post is archived)

You are currently inside a comment thread.
Click here to see all the comments (10).
[–] • 2 pts

What if those vehicles are owned by a man who uses them to get to his work where he builds tractors for farming?

[–] • 0 pt

If that were the case, the vehicle would be a mechanically sound, hail-totaled beater that was bought for a song because it's 100% functional.

[–] • 0 pt

If that were the case, the vehicle would be a mechanically sound, hail-totaled beater that was bought for a song because it's 100% functional.

We both know that's not true in this day and age.