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To: Alberta's Child

The worst investment is a car, but you still need one.


10 posted on 03/12/2024 1:16:06 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator
A car is a tool, not an investment. When you factor in the value of what you can do with your car, it pays for itself many times over.

Interestingly, my company vehicles may qualify as an “investment.” I buy each one new and drive it for as long as it lasts. When you keep a business vehicle for 250,000 miles or more like I do, the per-mile tax deductions end up being far more than the amortized cost of owning it.

18 posted on 03/12/2024 1:19:56 PM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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