4 ms·
Taking depreciation into account is a red herring unless the car is only used for Uber driving. There is significant utility in owning a car. So much so, in fa
by greggyb 10y ago
Taking depreciation into account is a red herring unless the car is only used for Uber driving.
There is significant utility in owning a car. So much so, in fact, that many people are willing to take on the entire cost of ownership without ever earning direct income as a result of their driving.