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I've entered a contest and have to pre-select my prize.
I already have a car and house.

2006-06-24 15:13:23 · 9 answers · asked by childrenofthecorn 4 in Society & Culture Other - Society & Culture

9 answers

Financially speaking, a house will usually appreciate in value. Of course, beachfront property is always hard on the wallet for upkeep, but then a car requires insurance gas and repairs too. A car, especially in the luxury range, will usually depreciate greatly over the first several years.
For example a 2003 Mercedes 500 SL was almost 90 k when new. Now it is worth around 60 K. I suppose that if you have the money that's OK, but to me, it's like burning a few 100 dollar bills every week.
On the other hand, hurricane season is coming and it is supposed to be hard on the east coast. Insurance will probably cost you a bundle, but at least you won't be getting any speeding tickets.

2006-06-24 15:36:23 · answer #1 · answered by Bentley 4 · 0 0

Beach house! No question! Houses last longer than cars and are a better investment.

2006-06-24 15:22:50 · answer #2 · answered by valkyria 4 · 0 0

Real Estate is always a good investment. A car, well if you don't plan on driving it at all in 20-30 years will probably sell well at an antiques auction otherwise it will just depreciate in value with use.. even if it is a b-mer.

2006-06-24 17:10:20 · answer #3 · answered by genaddt 7 · 0 0

Beach House...real estate only appreciates...cars depreciate..go for the bucks when you sell the beach house!

2006-06-24 15:19:03 · answer #4 · answered by Anonymous · 0 0

GET THE HOUSEEEEEEE, my dad already has the car lol so i would go for the beach house

2006-06-24 15:23:40 · answer #5 · answered by Anonymous · 0 0

NEITHER! It would have to be a beach house in Orange County, CA for me

2006-06-24 15:57:30 · answer #6 · answered by yorbalinda1234 2 · 0 0

of course the house, you can always sell it and easily buy a BMW with money left over

2006-06-24 15:16:44 · answer #7 · answered by mojopez 4 · 0 0

get the house

2006-06-24 15:16:14 · answer #8 · answered by akg 3 · 0 0

bmw's are overrated. trust me i live in germany. get the house.

2006-06-24 23:56:08 · answer #9 · answered by origchick 5 · 0 0

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