Reply to thread

Message: <blockquote data-quote="kgb" data-source="post: 402791" data-attributes="member: 19327">Depreciation. You can choose to have it, you can choose not to. Owned Toyota for about 2 years (from new), at some stage decided to sell off, end up loosing about 10%, negligible if you ask me. Got few old school 4x4 Suzuki, market price has been the same for the past 5 years, don't think it will go any lower anytime soon. Now got BMW, don't think it will EVER drop below what i've paid for it. In the mean time, money saved on loan repayment can be spent on maintenance and modifications. If done up well, can even been sold at a higher price, as there is no depreciation to worry about. :top:</blockquote>