In accounting terms it's an asset.

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Oct 14, 2024
11:20:38pm

MaximusMeridius Truly Addicted User

But it's a depreciating asset so it's actually going to decrease a person's net worth

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MaximusMeridius

Previous username: Machiavelli
Bio page: MaximusMeridius
Joined: Nov 10, 2015
Last login: Oct 14, 2024
Total posts: 7,824 (26 FO)

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Messages

Author

Time

Nice. Used EVs value in free fall. Average owner is $10K upside down.

septicpumper

Oct 14, 10:03pm

I hope so. I want one soon.

HingleMcCringleberry

Oct 14, 10:05pm

You will have lots to choose from.

septicpumper

Oct 14, 10:10pm

Me too

RUNBYU1

Oct 14, 10:29pm

yeah my ev is down 3k after 1 year. brutal. I'm sure no other new cars lose

jwf

Oct 14, 10:10pm

A lot of cars are upside down not just evs

cougarfann888

Oct 14, 10:11pm

Cars are a depreciating asset. They're almost all "upside down"

MaximusMeridius

Oct 14, 10:24pm

Who buys cars as an asset?

TNT

Oct 14, 10:53pm

In accounting terms it's an asset.

MaximusMeridius

Oct 14, 11:20pm

Does TNT look like an accountant to you?

TNT

Oct 14, 11:30pm

RE: Does TNT look like an accountant to you?

MaximusMeridius

Oct 14, 11:37pm

Certainly most cars that were purchased from Covid shutdowns through end of 2022

Duke Silver

Oct 14, 11:22pm

No thanks. 46% of EV owners regret purchase and are going back to combustion car

CoolJ

Oct 14, 11:09pm

I have a hard time believing this is accurate. My admittedly anecdotal evidence

bluescholar

12:14am

I’ve loved my EV so far. Soo fun to drive. Best versatile car ever too

MrSandman

12:27am

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