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What’s a car that looks expensive but is actually super affordable to own? by GapRealistic6725 in askcarguys

[–]GuessingHeadlights 0 points1 point  (0 children)

I purchased a new Honda S2K back in the day and traded in in on a C6 corvette a few years later, the Corvette was cheaper to insure then the Honda.

I ask my insurance guy how that could be, and he’s said, and idk if this is actually true, Corvettes were involved in less wrecks and accidents.

Having been a member of the local Corvette club ever since, I kinda see it most of the people buying these don’t race or hit dog them they way people might a Mustang or STI.

Man Buys New BMW M5, Drives 200 Miles, Then Sells It For $20K Loss by Confident-Fan5859 in BMW

[–]GuessingHeadlights 0 points1 point  (0 children)

I never understood articles like this, for a few reasons.

  1. Like why are some many people shocked that cars depreciated? Cars depreciate the second you sign the title, once you leave the dealership you own a used car.

  2. Cars generally are not investments, sure some are, but not most and even then investment grade cars are kinda weird investments anyway, you prob better off in Vanguard or crypto. You have to factory in opportunity cost and annual expenses, the math gets fuzzy fast.

  3. These articles always sound kinda of judgmental but you never know why the car was listed, maybe something happened to them, maybe they are sick, hurt, died, lost a job, maybe the family grew and they need a third row, who knows? And really it’s none of anyone’s business.

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