people talk of vehicles being depreciating assets. impossible. the definition of asset is something that increases in value, or adds to your net worth.
i bought one new vehicle in my life, and did that thru a business and managed to lose very little overall, but still hated the losing part
Well... an asset can appreciate or depreciate. My house could go up or down in price, same as a barrel or oil could.
Most vehicles depreciate but... classic car prices have risen something crazy like 4000% in the past decade (Ferrari 250GTO is example) and other, in demand, cars like the Veyron, McLaren P1, or when it came out, the Bentley Continental, rise in value BEFORE they go on sale.