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Cars and Transportation
Reply to "How long do you keep your cars? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wow you all drive some real junkers. I’m amazed by this. This is not at all representative of what o see driving around town. [/quote] Because zero car payments are fantastic. [b]Cars are a massive waste of money.[/b] Even if you pay cash it is stupid. Throwing a huge amount of liquidity into a furnace on a depreciating asset is a terrible way to generate wealth. We drive a 2016 Mazda 3. Bought it while were poor. We make far more money now, yet keep driving it because it is paid off and it works. I just paid to fix the suspension and did a lot more maintenance. Hope it lasts another 5+ years so we don't have car payments. [/quote] You know what is a more massive waste of money? Not spending it and taking it to your grave. I have more than enough money and I use some to buy the cars that I enjoy driving. Nobody thinks that people should buy cars to generate wealth. Just like you are not taking a vacation trip to Disneyland is to generate wealth. You are spending money for an enjoyable experience. I drive a Porsche Taycan Turbo. Pure pleasure to drive and a beast on the race track. [/quote] Yeah maybe but your Porsche is stuck in rush hour right next to my 20 yr old minivan. Neither of us going anywhere… talk about going nowhere real fast[/quote]
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