Quote:
Originally Posted by apue
Bingo. At the end of theAs we're not buying an investment product but an expensive toy.
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Absolutely!!
As you said, it doesn't matter if we buy a 2019 M2C or 2020 M2C if that vehicle is kept for say 10 years (the difference in valuation between an 10-year old car and 11-year old car is insignificant). However, if they kept it for only say 2-years, the valuation of 2-year old car and 3-year old car would be significant.