If you don't like depreciation, buy a used car. You can sell it the next day for even a higher price (if you're a good salesman).

I was asking my dad a few months ago if my commander's brother should buy a W123 Mercedes being sold to him for Php135k. Not having seen the vehicle, my dad just said buy it and if it's no good, just sell it for Php155k in a month or two.

Loan problems hampered the purchase. The Benz was eventually sold by the seller at Php155k (his asking price).

Cars make lousy investments. Either you buy a used one or maintain it very well (long service life) so you don't get hit by depreciation so much.

About the only vehicles that don't change prices in the local market are Land Cruisers and Land Rovers. A '97 Land Cruiser 80 is still doing Php1M on the market today. A '97 Land Rover Defender is around that price also.