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Indeed, I think that keeping a poorly maintained car is often a clear case of being penny-wise but pound-foolish. I would even venture to assert that this is a
by mmt 16y ago
Indeed, I think that keeping a poorly maintained car is often a clear case of being penny-wise but pound-foolish.
I would even venture to assert that this is almost always the case if one values ones time above a certain amount, though I've never estimated what that would be[1]. The aspect which is risky, and therefore perhaps appropriate to a startup, is that the car might fail at a particularly inopportune time, costing reputation or good will.
[1] I did, however, estimate such a value for driving 65mph instead of 75mph, spurred by a radio ad extolling the fuel-saving benefits of a lower speed. Based on the fuel savings and price at the time (also around $3/G), it was under $15/hr. If anything, it was remarkably revealing of the, unsurprising, attitude in government of the value of citizens' time.