Well, you can't really just buy a beater car and park it in a garage. You have to perform maintenance on it, and the worst thing for a car is to just sit a long time.
A horse has the unique feature that it can create more horses, which is something a car doesn't do. Horses are also unique in being an appreciating asset, which cars are most definitely not.
In addition a prized stallion continues to produce value long after he’s dead due to AI.
I regret not getting a horse from a certain guy when I had a chance. His stud fees are now in the five-figures. Prices at the horse progress often hit six figures.
A horse has the unique feature that it can create more horses, which is something a car doesn't do. Horses are also unique in being an appreciating asset, which cars are most definitely not.