this post was submitted on 09 Mar 2025
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A Boring Dystopia

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Who needs retirement when you can buy an asset that loses value over time? (lemmy.world)
submitted 11 months ago by dohpaz42@lemmy.world to c/aboringdystopia@lemmy.world
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[–] Ilovethebomb@lemm.ee 1 points 11 months ago (1 children)

That's pretty expensive for the person who sold it to you, and in terms of peace of mind is the next best thing to buying a new one.

[–] MutilationWave@lemmy.dbzer0.com 1 points 11 months ago (1 children)

Hopefully anyone buying a new car understands that the second you drive it away it's losing 20% or more of its value.

[–] Ilovethebomb@lemm.ee -1 points 11 months ago

Which is why you'd ideally keep it for a good few years.