As an investment?

[Brent]

Is there anybody here buying a car as an investment? I don't know how it works. You will never be able to resell a used car at a better price than what you paid when buying the car, right?

 

[Donald]

There are two situations where I could imagine buying a car as an investment. The first one is if you could get a used car with a couple problems at an incredible price. If you have the knowledge and skill to fix it up some, then maybe you could make a profit. The other one is if you're able to buy a rare collectible car. Other than that though, I believe you're right. Most cars will always depreciate in value.

 

[Brent]

It sounds like car flipping, that makes sense though. And I agree with you about trading collectible cars. There is always someone who is willing to buy your vintage car at good price. You just need to find him.

 

[Fanbelt]

I love the idea of car flipping. It will be profitable, provided that you know what you are doing and where to market the flipped cars to. It needs a great deal of money to invest too.