Why do cars depreciate once you drive it off the lot?

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Why isn’t it treated similarly to a house?

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Anonymous 0 Comments

Cars are infinite. They really have no value. It’s just melted rock over and over. But that land that house sits on. Very valuable. There’s only so much usable land which a person can survive on. As population increases. The value of land moved up. Land is a very finite resource. A car is not.

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