The 'Vette'
Cool car. I purchased it from an Apple engineer, at 43k miles. I sold it at 51k miles. Simple math... I drove 8k miles in 2 years. I barely drove it... Why did I sell? Depreciation.
de·pre·ci·a·tion
dəˌprēSHēˈāSH(ə)n/
noun
a reduction in the value of an asset with the passage of time, due to age, wear and tear, etc..
Over two years of ownership, the value of the car decreased by $7000. Not including that robbery, oops i meant DMV registration that cost me $2,000. Before I sold the 'Vette', I bought two more cars. More about that later... until then ✌🏾