3 ms·
A car is an expense. If you need one, it is indeed a much better financial choice to get a used one. But your needs probably don't scale, so you don't need ten
by jjav 3y ago
A car is an expense. If you need one, it is indeed a much better financial choice to get a used one. But your needs probably don't scale, so you don't need ten cars, just one. You can't have an expense and make it up in volume to become profitable.
- sokoloff 3y agoOf course not, because finding a more efficient way to meet the needs which require an expenditure of money does not make that expenditure a good investment by the typical usage of that phrase. Same is true in used cars vs new cars and owner-occupied housing vs rented housing.