OT: VW cheating emissions on TDI vehicles

[shovelhd]

I have a 35 minute commute each way. I would say that is about the minimum for the car to come up to temp and run efficiently enough to justify the diesel premium in purchase cost and fuel. I like to get it out on the road for 1-2+ hours twice a month at least. Racing takes care of that during the season. In the offseason I will take he long way to destinations and do drives I could avoid. I'm taking my kid back to college on Sunday, that's an 8 hour round trip. The car will run noticeably better after a run like that.

[ergott]

Originally Posted by grawk

Fair enough. I tend to look at the value of the car for the life of the loan, not the life of the car. I think if I was driving under 10k miles a year, I'd get a low mileage lease and let the dealership take the risk on the depreciation.

Cars continue to be useful long after the loan is paid off.

[robin3mj]

Originally Posted by ergott

Cars continue to be useful long after the loan is paid off.

Not to mention some people prefer not to finance a depreciable asset in the first place.

[oldpotatoe]

Originally Posted by robin3mj

Not to mention some people prefer not to finance a depreciable asset in the first place.

yup-nothing like telling sales lizard after the first go-round, OBTW-gonna pay cash..

[MattTuck]

Originally Posted by robin3mj

Not to mention some people prefer not to finance a depreciable asset in the first place.

Are there any assets that are NOT depreciable?

[Ken Robb]

Originally Posted by MattTuck

Are there any assets that are NOT depreciable?

Well, if one believes DeBeers diamonds are always appreciating assets.

[robin3mj]

Originally Posted by MattTuck

Are there any assets that are NOT depreciable?

Re-stated: assets that are highly likely to be sold for significantly less than that amount originally paid.

[oldpotatoe]

Originally Posted by robin3mj

Re-stated: assets that are highly likely to be sold for significantly less than that amount originally paid.

Kidding...

[William]

Originally Posted by Ken Robb

Well, if one believes DeBeers diamonds are always appreciating assets.

A 1938 DeBeers add campaign sealed the deal...
Adam Ruins Everything...
https://www.youtube.com/watch?v=N5kW...x8yxC&index=28








William

[grawk]

Originally Posted by ergott

Cars continue to be useful long after the loan is paid off.

Of course they do, that doesn't mean I factor that into cost of ownership calculations when figuring out what to buy.

[saab2000]

Originally Posted by William

A 1938 DeBeers add campaign sealed the deal...
Adam Ruins Everything...
https://www.youtube.com/watch?v=N5kW...x8yxC&index=28








William

Wow!

[MattTuck]

Originally Posted by robin3mj

Re-stated: assets that are highly likely to be sold for significantly less than that amount originally paid.

edit. re-read your original post. Understand what you were saying.

[BdaGhisallo]

The offices of Renault in France were apparently raided today looking for evidence of emissions tampering akin to VW!

[peanutgallery]

According to a buddy of mine, a daughter in a doctorate of philosophy program is not a depreciating asset. That was the reasoning as to why he sold his 911

I laughed so hard that I almost rode into a ditch

Originally Posted by MattTuck

Are there any assets that are NOT depreciable?

[goonster]

Originally Posted by MattTuck

Are there any assets that are NOT depreciable?

Not to be pedantic, but:

a) any asset that is already fully depreciated
b) land