Thursday, September 04, 2008

Luxury Car = Good Style = Bad Investment

2 years back my company purchase a luxury car with a price tag of RM600K+.

Now, due to the company want to clear the old model, it cost RM400K+.

Therefore the value of second hand car is RM200K+. In the account, my company lost RM400K+ in 2 years time.

4 comments:

Legolas said...

Stupid investment loh, want to look good and don't care about money.

Twilight Man said...

Yeah many bosses are stupid and morons when comes to money. Ask them Go Green and ride bicycles!

Kihu said...

if ur company can earn that much why not? well a luxury car sometimes is needed in doing business.. It shows the status and others put more trust on you..

Anonymous said...

can you get some common sense, exactly which expensive car does not depreciate over time? and exactly which car regardless luxury or not does not depreciate at all?