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Go Back   Net54baseball.com Forums > Net54baseball Postwar Sportscard Forums > WaterCooler Talk- Off Topics

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  #1  
Old 12-12-2013, 10:32 AM
Cardboard Junkie Cardboard Junkie is offline
David Pierson
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I've got tens of thousands of dollars into a couple of vehicles.......they're not investments, just necessary evils. I see what you're saying though.
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Old 12-12-2013, 10:52 AM
vintagetoppsguy vintagetoppsguy is offline
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Quote:
Originally Posted by Cardboard Junkie View Post
I've got tens of thousands of dollars into a couple of vehicles.......they're not investments, just necessary evils. I see what you're saying though.
True, but a vehicle is a depreciating asset. We all know and expect that even before we make the purchase.

I guess the difference is that we don't buy cards and expect them to depreciate (although that is a possibility). We may not necessarily expect them to appreciate in value, but we certainly don't go into the purchase expecting them to depreciate (like we do a vehicle).
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Old 12-12-2013, 10:58 AM
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Leon Leon is online now
Leon
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Quote:
Originally Posted by vintagetoppsguy View Post
True, but a vehicle is a depreciating asset. We all know and expect that even before we make the purchase.

Unless his vehicles are vintage, then they can certainly appreciate. I remember seeing Ferrari Dino's selling for under 40k-50k just 8-10 yrs ago. Now they go for 200k+....
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Old 12-12-2013, 11:33 AM
Cardboard Junkie Cardboard Junkie is offline
David Pierson
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Wow! Leon! I test drove a Dino in the early 70's....brand new as I recall was 14K Dave.
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