Why do people think their vehicles are worth as much as they owe? So if they owe 0 is the vehicle worth 0? :)?

Question:


Answers:

Is it better (financially) to buy or lease a car?

I have no idea because they say as soon as you drive it off the lot it loses value.
That goes the same for the idiots who think that the "blue book value" is how much they should be able to get for their vehicle.
Considering a lot of people who are selling now a days are doing so because they bought a gas guzzling suv or truck and can't afford the gas, the value of that vehicle should be even less because of that reason
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