midlet2013 wrote:2 points:
1. Dont people do the same when they buy cars and apartments ? Factor in future value
2. My point is for those people whose only argument is that Iphones are costly n not worth the price. For such people, if they factor in the future resale value , it may make sense to buy iphones.
Dont just argue for the heck of it. I dont care what phone u buy or how long u use. Just that the expense should not be a deal breaker when considering an Iphone.
No.
I assume (here) cars depreciates over about a 10 year curve, perhaps 50% of it in the first 2 years. Hence why our totally road-worthy and otherwise spiffy 10-YO car here is technically worth only the scrappage COE rebate, about $6k. [They demand I recycle tin cans, yet force me to scrap a perfectly good car.... it's, er... confirmation of most things I think about the futility of 'recycling'].
So, in accountancy terms, you have an asset, and it has a recognised 'asset life'. After say 10 years the car is 'written-off' as nil book value.
Apartments. Come come young man, we know they never lose value (;) lol). On this belief SG is founded
I buy a phone with the idea that like an Italian car, once you've driven it off the forecourt it's immediately depreciated 90%. ... er, this is one reason I'm unlikely to ever buy a new car...