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About the car example... I switched to more expensive SUVs, and all these are anti frugality: 1.Car parts are often smaller (such as wheels) and less sturdy.
by jungletime 6y ago
About the car example...
I switched to more expensive SUVs, and all these are anti frugality:
1.Car parts are often smaller (such as wheels) and less sturdy. And more prone to fail.
2. When an SUV is being built, the price premium allows the manufacture to build it using higher end components.
3. SUVs have more space to move and pack things
4. Better odds of surviving a crash vs a car.
5. Higher seated position means a better view of oncoming traffic.
And so on ...
I think frugality needs to be subservient to "form factor".
Something that you are going to be using a lot, needs to be
reliable, comfortable, and practical. A price premium is often justified in achieving these.
I could probably go on. But the cheaper option is inferior.
- tonyedgecombe 6y ago>Better odds of surviving a crash vs a car. Top gear did a report on this years ago. They were four times as likely to roll in a crash as a saloon car. The stopping distance was quite a bit longer as well. There is also the issue of what happens when you run into a pedestrian.
- summitsummit 6y ago> There is also the issue of what happens when you run into a pedestrian. I guess that's not relevant to parent's analysis from the perspective of maximizing his/her utility.
- imtringued 6y agoI have a cheap and small car with 110k km. It still feels like new. Maintenance is super cheap. I'm worried that I will never have an excuse to get an EV.