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The Pub For General Automotive Related Talk |
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05-12-2011, 09:04 PM | #22 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 723
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Sinking cash into a depreciating asset which you can lend at 7% if you look hard enough is far from wise. Imagine of instead of buying that 20K car you have in your driveway you had of invested that money into a share that has a better return than 7% p.a (which is not hard).
Other people also like to have a reliable car that does not spend half its life in the mechanic costing $600+ every time it has a service. Quote:
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