• sp3ctr4l
      link
      fedilink
      English
      arrow-up
      11
      ·
      edit-2
      3 days ago

      You don’t understand!

      This is a Tesla!

      If the stock keeps going up, if the P/E keeps going up, that means this car is an appreciating asset, an investment!

      It’ll self drive one day!

      It always gets software upgrades!

      Please!

      I’ll throw in 0.0034 DogeCoin!

      (In actuality the attempt at pricing here is following the same logic as the private home / apartment sales / rental market: I am hugely in the hole from my mortgage / renovation, and my price reflects mainly what I need to become financially sound again, fuck the concept of ‘fair market value’ when it isn’t convenient for me, personally.)

      • Rooty@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        ·
        edit-2
        3 days ago

        Losing money on a bad investment just means you aren’t hustling hard enough, dawg. /s

    • WordBox@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      3 days ago

      In this instance the “Corolla” cost 80,000 new and he can’t sell it for 60 because theyre now 60 new. With only a couple kmi he’ll have to sell it at 55 or less. Normal used trucks don’t lose much value.