Quote:
Originally Posted by Island_370
Cars are not financial investments. Drive the thing! Why pay for car, title, insurance, etc to leave it in the garage. Sorry, the Z is not expensive and depreciation is not that significant.
In 4 years it will be worth mid teens. low teens with high mileage. So he would be saving ~$500 to $1000 a year by leaving it in the garage? Not worth it to me.
just my $0.02....
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It all depends on whether or not he can afford to replace it. 34k miles/year, the car will be worthless in no time. Depreciation is not significant? On what planet? If you think his car will only be worth $4k less with over 130k on the odo, think again.