Originally Posted by
Mark
This is why I scratch my head at new vehicles being over $30,000 these days. I have hard time justify paying that much for two of them. Vehicles are just money pits. They are not investments!
100% true, especially for someone with little to no car knowledge.
For the extremely niche cars, like collector cars (still money pits lol), I think they're the only kind of "investments" you can get where value rises. Just talking strictly about 'investing on a car' because the value of it will eventually rise, there are cars out there that blows my mind that has risen in value too.
And yeah, I don't know any of my car friends that have flat out bought a new vehicle for $30,000+. But I do know some people that have and it's a cringey when they flaunt about it with no knowledge of maintaining a car, especially a car that's extremely difficult to maintain for the usual driver.
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View my fuel log 2015 Mirage DE 1.2 manual: 43.4 mpg (US) ... 18.5 km/L ... 5.4 L/100 km ... 52.2 mpg (Imp)