Bimmerfest - BMW Forums - View Single Post - Doesn't Anyone Buy Anymore?
View Single Post
Old 11-27-2012, 04:24 AM
Chris90's Avatar
Chris90 Chris90 is offline
Officially Welcomed to the 'Fest
Location: Massachusetts
Join Date: Apr 2003
Posts: 13,798
Mein Auto: '04 330i
Originally Posted by 2010drive View Post
Buying a car with cash is always a stupid idea no matter how you look at it...tying up 50K in a depreciating asset...
Cash is a depreciating asset thanks to the Fed. And with such high correlation these days, a collectible car is probably the safest investment.
"When you were born, you cried and the world rejoiced. Live your life so that when you die, the world cries and you rejoice." - Cherokee Expression