Are Cars Investment or Expense? with Andy Dickens

Andy Dickens from Simplicity Cars in Edinburgh is passionate about cars.

Andy’s advice is this:

“If it Appreciates, Buy It. If it Depreciates, Lease It.”

He can provide you with options to look at financing your car, but with so few cars out there that appreciate in value, he suggests you look at leasing.

Very few people choose a vehicle thinking about what it will actually cost them over time, and this depreciation is often a silent cost to you.

Add to that the interest that you pay on something that is losing value, let’s challenge the perception that there is value in owning your car.


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