Yar, I know cars are bad investments. Why do the people who want to appear rich spend so much on such a bad investment? Why do they want to appear rich when no one really cares what you drive, unless it's a gold-digging spouse or shallow people who judge you based on things.
Cars: an excellent way to take a large sum of money and watch it evaporate the second you drive it off the forecourt! I never buy new, that way some other sucker can see his investment loose 1/3rd of its value in a year.
Yes. Do you purchase the used car from a dealer, or through private sale? There's disadvantages to both, but in southern California, your car is considered this big deal. I don't care about it.
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