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⤋