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Depreciation-mobile

A new or newer vehicle, often electric and/or a German vehicle, that is expected to depreciate in value significantly in a short period of time, especially due to car prices spiking from 2020-2022 and then falling sharply during 2024.

2021: "Look at my new Tesla Model S Plaid! It's the fastest money can buy for $130,000."
2024: "Noooo! You can't just be worth $60,000 after less than 3 years! That's like $23,000 a year to drive this depreciation-mobile!"

Elon: "Haha Tesla factory go brrrr"
Repo Man: "Haha tow truck go brrrr"

by Farter2024 July 24, 2024