car
AutomotiveThe purchase price of a car is not how much the car costs you. You must find the total cost of ownership for the car to really understand the cost to your finances.
Tag: depreciation
asset
AutomotiveAre you looking into buying a boat and wondering if they are depreciating assets? Well, yes they are depreciating assets. The will decline in value for as long as you own them, but this is not the only cost of ownership you should be concerned with.
asset
Foundational ConceptsAll assets are not created equal. Some go up in value and some don’t. A depreciating asset is one that goes down in value over time. Examples of depreciating assets are cars, boats, motorcycles, computers, RVs and furniture. These assets will almost always be worth less than what you paid&hellip