4 ms·
>Costs $0 to just sit in my garage this is not true of your bought car, you're ignoring opportunity cost for the capital & depreciation
by Anderkent 4y ago
>Costs $0 to just sit in my garage
this is not true of your bought car, you're ignoring opportunity cost for the capital & depreciation
- Bancakes 4y agoWhat depreciation? I'm not selling my car anytime soon. Lack of profit is not loss of profit.
- Anderkent 4y agoYou spent some amount of money on the car, money that you would otherwise have available to either spend or invest, when you eventually replace your car you will get less if anything. So even if the car just sits in your garage you are paying for it (or really already have) this might be less than you would be paying for renting a car (or more! depending on how often you'd need to rent), but it's obviously not 0