Agreed. I don't get why people say: "X does the same as Y, but cheaper" when it comes to investing. Investors don't care about the functionality of an object as much as the desirability of it... or in other words, whether people assign enough VALUE to the purchase of something.asa1973 wrote: ↑10+ years old Corolla for 6K does everything NEW 60k BMW318 does PLUS it's cheaper on gas (slightly) and on insurance (a lot)
Meanwhile Bolt is more pricey then M3 (after all rebates) , do not have autopilot...and it's smaller than M3and you're getting a suite of semi-autonomous tech you simply can't get in the Bolt
It's not about what you get, it's about what people are willing to pay for that is important to an investor. Cars are emotional buys for many people.
I'd love to write history... in advance.
AMEX Biz Plat 75K AGAIN! | Plat 60K | Biz Gold 40K | Gold 25K | SPG 20K
AMEX Biz Plat 75K AGAIN! | Plat 60K | Biz Gold 40K | Gold 25K | SPG 20K