"Ron Natalie" wrote in message
m...

My airplane is not depreciating at all.

If you factor in ownership costs I doubt anyone ever makes money owning a
plane. On the other hand quite a few people use the plane for many years and
sell it for close to what they paid for it, perhaps even coming out a little
ahead. In this regard they are vastly superior to boats or sports cars which
easily depreciate in the teens.

A (new) car has a rather rapid
depreciation.

A new anything has rapid depreciation. There is a huge difference in the
market between "brand new" and "1 day old." It can easily be larger than the
difference between 3 and 4 years old.

There are a lot of people out there that never get
positive equity in a car.

The first few years everything is against you- rapid depreciation times
compound interest pretty much buries you. But if you buy a car that has good
resale value on a 5-year loan, the lines should start to cross after 3 years
or so. Of course if you buy a Ford/GM/Chevy and the manufacturers are
offering 0% financing and gazillion-dollar rebates then you're going to be
SOL for a while.

Where most people screw up is they buy a cheap car that depreciates fast and
feels and looks old after 2-3 years, then they go out and get a new one. If
you buy a nice car up front, it won't only hold its value longer, you won't
feel so pressed to dump it.

-cwk.

-cwk.