This is my favorite definition from investopedia.com: "Your car is considered a consumer product, and consumer products can depreciate. A car is a depreciating asset that loses value over time but retains some worth. Because you can convert a vehicle to cash, it can be defined as an asset."
Who knows what will happen in 10, 20, 30 years down the road with our Broncos. It's all speculation. A whole lot of Broncos Gen 1 through 5 ended up in the crusher when people were done with them. More cars are made every day. Cars are generally not great financial products and the 6th gen bronco is just another car. Who knows maybe the 7th gen will blow the 6th out of the water.
But aside from all the financial stuff, life is short and broncos are cool.
Who knows what will happen in 10, 20, 30 years down the road with our Broncos. It's all speculation. A whole lot of Broncos Gen 1 through 5 ended up in the crusher when people were done with them. More cars are made every day. Cars are generally not great financial products and the 6th gen bronco is just another car. Who knows maybe the 7th gen will blow the 6th out of the water.
But aside from all the financial stuff, life is short and broncos are cool.
Sponsored