Do you think the cost of automobiles is too much?

Question:
I mean for what you get the automobile is the worst investment you can make as far as a purchase. Is there any other product that goes down in value the second you leave the parking lot?

Answers:

Can I save gas by switching my car into nuetral while going down hill?

I couldnt agree more. They are the worst investments. Classic cars are good investments if kept in top condition but as far as a daily driver they really are bad investments. Cars are something most people cant live without though. Off the top of my head I cant really think of anything that looses that much value over time.

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I once worked in ASHEVILLE,N. C. I rented a RRONDETTE just off Tunnel Road going up the mountain tain

It depends how about the guys that bought a Shelby Cobra 427SC in 1967 for 6,500? Tell me what it's worth now.

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I agree they are generally a bad investment, but you don't normally buy a car for an investment you buy it for a tool. A machine to transport you to the different places you need to go.

Making myself car-sick?

I think cars have actually gotten cheaper, as compared to the salary increases over the years. I forget the exact numbers, but it was like a car in the 50's took 7 or 8 months pay to buy. Now it takes less than 6 months salary to buy it. Now these are average cars and average salaries.

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I failed DMV behind the wheel test ?

I think cars cost what we are willing to pay for them. So, no they don't cost too much.

What does horsepwoer do in car...?

I don't see a a single automaker begging consumers to buy their over-priced vehicles.

I need a car shade extender while I drive, any suggestions?

As far as investments go, who ever said needed transportation was an investment? Nothing that you buy and expect to wear out is ever considered an investment. VHS tapes...not an investment. Designer jeans...not an inverstment. XBox...not an investment. Computers..not an investment.

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Just because something costs alot, or requires a bank loan to get, does not make it an investment.

What is your favourite driving memory?

So again, I say no. If folks are willing to pay $25K for a vehicle that is only worth $18K in 3 days, then they don't cost too much.

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