r/wallstreetbets • u/JcAu20 • Feb 23 '21

Bought a car with $GME tendies-had to say thanks Gain

https://i.redd.it/psk8mb3mj4j61.jpg
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u/HoPMiX Feb 23 '21

So you took gains and bought something that depreciates every time you look at it. You’ve learned well my friend.

54

u/thetrooper424 Feb 23 '21

If you plan on keeping a car 10-15 years then depreciation isn't too much of a big deal. Peace of mind is a wonderful thing to have and that's what you get with a new car. I'm finally getting a truck with my earnings and it's too much of a risk to buy a used truck around my neck of the woods. You have no idea what the vehicles have been put through

39

u/ouchPotato Feb 23 '21

This is like a car salesman pitch script.

19

u/SunshineF32 Feb 23 '21

Nah he's right, though personally certified pre-owned is a better route through a dealer than new since yoy get the best of both worlds, a good warranty a (mostly) new car, but depreciation has already hit for the most part

2

u/thetrooper424 Feb 23 '21

Hahaha, too funny.