ilmscore | Prediction Details
"In 5 years, this car is not going to be worth $50,000. It might be worth $20,000 because your car is not an asset. Your car is a depreciating liability, meaning it is losing value every single day. I mean, the moment you stick your key in the ignition and you drive it off of the lot, it loses like 15 to 20% of its value right there."
By Minority Mindset | March 3, 2024 | Pending
From video
MASTERCLASS: The SECRET To Never Be Broke Again 00:36:30 - 00:36:49
Interpreted Prediction
Cars are depreciating liabilities, losing 15-20% of their value the moment they are driven off the lot, and a significant portion of their value within five years.

Prediction Details

Topic
Car Depreciation

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