Subnostr

Cars ARE assets. Most of them depreciating, older ones appreciating. But they are an asset. It's a physical item that can be sold to someone else.

nostrnaut 1y ago

the personal freedom, utility and value that a well-maintained car holds, used for personal use or business, IMO does not outweigh the depreciating nature of virtually all cars, that they need constant maintenance and surprise repairs, insurance, registration fees, taxes…

and then there’s the price of gas 🤣

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Discussion

OceanSlim 1y ago

I said most are depreciating. Only exception is older "collectable" cars

nostrnaut 1y ago

not much use having an asset that generally depreciates

sounds a lot like a liability… 😉

nostrnaut 1y ago

I jest - it’s still infers and transfers value to the user and future user

🤝