Are You Sorry You Bought Your Car?

Cars are terrible investments. In fact, in my opinion, cars aren’t investments in any sense of that already much overused word. They’re tools. They’re things that helps us get from point A to point B. In a good world they get us there comfortably, efficiently and (wouldn’t it be nice) without dumping too much pollution into the environment. Considerations other than those tend to get mixed up with a lot of subjective issues that aren’t always that productive. Buying a car to impress ones’ peers for instance. Although this will horrify my friends at Toyota, I think, in general, we’d all be a lot better off with a lot fewer cars on the road.

Says The Prius Owners Group in a discussion about whether a Hybrid car is a wise investment or not.

I have to agree 100 %. When you buy a car, you take into consideration that the value drops the minute you leave the sales room, and continues dropping from then on out. If you look at your car as an investment, you are due for never ending disappointment.

A car should be bought for it gas millage, for its safety features, for its Greenness, for its longevity and sturdiness. It should not be bought as an investment.

_{photo credit creative commons license PunkAssPhotos}

So... what do you think? Please leave me a comment.