The Hidden Value of Old Economy Cars

(Photo taken in Rome where congestion is sometimes just as bad as Manila.)

Unless you are part of the percentage that buys a car and sells it after 3 or 4 years, you'll never have problems similar to those who drive a car older than 5 years old. Depending on the brand, people usually experience problems when their car reaches 5 years. Some minor, some major but one thing is for sure -- the moment ANY car steps out of the dealership, the value depreciates. This is why an automobile purchase is never considered an asset but a liability in the books but if it will ease your everyday living or help you in your business, you can somewhat consider it as an asset in your life.

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Ford Ranger SUV 2014 [Photos]

The classic F-150 SVT lightning

There's something with Ford. I never got attracted to their vehicles before, except for the F-150 SVT lightning. But recently, their innovation and technological features seems to draw more and more attention. Just recently, they applied a new strategy called "One Ford".

Ford hopes to produce more than two million vehicles a year around the globe that are all made from the same basic parts and assembled in plants that use the same type of tooling. The goal: leverage design and manufacturing economies of scale to wring huge savings from its $50 billion annual budget for auto parts. ~Wall Street Journal

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