Car cost - I Will Teach You To Be Rich: Cost vs. value: Why I bought a new car

I Will Teach You To Be Rich: Cost vs. value: Why I bought a new car
Let's assume my car cost $20,000 ($25k sticker price, negotiated). If I can pay it off in 5 years, and drive it for 3 years afterwards, I can sell my car for about $10,000. (Extrapolate data from KBB
Source: www.iwillteachyoutoberich.com