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  1. J

    17 yr old car 140,000 kms Versus investing

    Middle aged balding guy in what looked like a very nice suit, talking ten to the dozen on his mobile and with what looked like steam coming out of his ears.... Maybe the husband?
  2. J

    17 yr old car 140,000 kms Versus investing

    We passed a Maserati the other day, heading into work in peak hour traffic. My husband was drooling over it. Then I said to him, 'Yes but it doesn't matter how fast it goes, if you still need to drive it in peak hour traffic to and from your 9 to 5 job five days a week'. He got the point. :p
  3. J

    17 yr old car 140,000 kms Versus investing

    Growing up with an accountant father, it was drummed into me that car = depreciating asset. Property generally isn't. Sure, it may not increase in capital value during a flat period, but you don't lose 25% of its value as soon as you purchase it. That said, late last year we sold our 1996...
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