For most of us, cars the most expensive toys we have as adults.
The problem is that from a financial point of view, they’re not the best asset to purchase, since the moment you pick up a new car from the dealership they’re going to lose value fast. 
However, for the last 30 years I’ve allowed myself the luxury of owning nice cars – I enjoy my cars and recognise they are an expense, not an asset.
Some statistics on how quickly cars lose their value:
- Depreciation – is the highest single cost involved in owning a car.
- Nearly half of all new-car buyers will tear up at least $20,000 in the first four years of ownership, a Drive.com.au depreciation survey reveals.
Resale by vehicle type
| Category | Average resale value after 4 years |
| Small cars | 50% |
| Sports cars | 48% |
| Luxury 4WDs | 47% |
| Large 4WDs | 45% |
| Light cars | 45% |
| Compact 4WDs | 44% |
| Luxury cars | 44% |
| People-movers | 43% |
| Prestige cars | 43% |
| Medium 4WDs | 42% |
| Medium cars | 41% |
| Large cars | 34% |
| Market average | 44% |
Source: Glass’s Guide
Absolute Reg, a British site produced this interesting infographic showing which luxury cars hold their values the best
Now you can see how the other half spend (lose) their money.
from Property UpdateProperty Update https://propertyupdate.com.au/which-luxury-cars-hold-their-value-best-infographic/
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