Real Estate generally doesn’t appreciate much faster than inflation. Real Estate is a horrible investment.

until it’s repossessed

“new car”... You didn’t pay 1.49% interest. If you financed (ie- not directly from a bank), you paid WAY more interest that that, they just buried it in the cost of the car.

Your first mistake is calling it an “asset”. A car isn’t an asset, it’s a rapidly depreciating liability. The fact that it has any residual value when you’re done with it makes it closer to an appliance than anything else.