Premium cars, massive price drop with age.
I've mentioned how luxury cars drop a mountain in value after only 5 or 6 years in some cases.
Example: a 10 year old Maybach drops $300,000 in value.
This is a hell of a drop and who would want to pay $80,000 for a money pit?
Example: a 10 year old Maybach drops $300,000 in value.
This is a hell of a drop and who would want to pay $80,000 for a money pit?
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