Ford Focus Forum, Ford Focus ST Forum, Ford Focus RS Forum - View Single Post - 2012 Focus is NOT holding value
View Single Post
Old 09-20-2012, 02:01 PM   #134
Focus Enthusiast
josephd's Avatar
Join Date: Mar 2011
Fan#: 84356
Location: N/A, MA
What I Drive: 2007 SE Dark Toreador Red Pearl

Posts: 341
FF Reputation: 1 josephd Good Standing Member
Buy-Sell-Trade Rating: (0)
I never look at a car as an investment, I don't live in my car. It is more like negative equity, and just a means of transportation. The bottom line is, no car is worth what we pay for them. And unless you keep your car for 10 plus years, the trade in value will mean nothing, since you keep yourself in that constant cycle of car payments, and giving the Banks a ton of money in interest.
josephd is offline  
    Reply With Quote