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It used to be that buying a car was an investment. It's one of the reasons the US got so car happy.



It was (and remains) an investment in the sense that it allowed you to live in a nicer place farther from work, or to commute to a job you otherwise couldn't take.

But was it ever an investment as an appreciating asset per se? I'm not aware of such a situation but I'd be interested to learn otherwise.


Yes, buying a car was an investment as in you can buy it and then later sell it used for a higher price than you bought it.




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