I drive a 15 year old truck. It just crossed 100k miles. Take good care of it. Last I checked its resale value is more than I paid for it (bought it used). Its a workhorse and tool.
That's the great thing about owning older used reliable vehicles. I tend to make money on every car I drive. Buy at the bottom and use the thing. Then sell it when I am ready for something different.
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That's certainly a great thing, but one also needs to have some knowledge and an eye for it!
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Yeah, I have been trading cars for about 25 years now. My first car cost $300. Been trading up since then. I was more lucky than anything back then. Although I had guidance from some men in my life that gave me a hint that Japanese cars were the way to go.
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Yes, it can happen, and I've noticed that even some youngtimers are gaining value again. It's interesting to see how certain classic cars are regaining appreciation in the market. Look after it!
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