News Formal

THE FINANCE GHOST: When investing in cars makes sense

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States News News

Buying a humdrum city vehicle may be a bad investment, but shelling out for shares in the world’s top supercar companies isn’t, writes FinanceGhost.

Conventional wisdom tells us that cars are terrible investments. They depreciate and cost a fortune to maintain. That’s true for almost all cars on the road.

When it comes to the exclusive world of supercars, however, the economics can look rather different. Though they hold value far better than your neighbour’s Polo, the real investment lies in the companies manufacturing these cars, provided you exclude the financial nightmare that is Aston Martin Lagonda ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment App reports that 51% of Franc investors are now women | The CitizenFranc aims to tackle gender gap in the Investment field, with more woman signing up for their new app.
Source: TheCitizen_News - 🏆 6. / 75 Read more »