tag:blogger.com,1999:blog-4620829963842569724.post9192707288510609896..comments2020-01-16T06:11:35.308-06:00Comments on I'll never stop talking about personal finance: Cars are awesome, but I'm not buying one (yet)dinarikhttp://www.blogger.com/profile/11318616380006983183noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4620829963842569724.post-21579445627480991152011-05-30T08:41:31.380-06:002011-05-30T08:41:31.380-06:00Good point, thanks for the comment!Good point, thanks for the comment!dinarikhttps://www.blogger.com/profile/11318616380006983183noreply@blogger.comtag:blogger.com,1999:blog-4620829963842569724.post-68959543529282353652011-05-29T20:16:39.923-06:002011-05-29T20:16:39.923-06:00It makes sense to continuously pay for a depreciat...It makes sense to continuously pay for a depreciating asset if there is a substantial inflation (which there is and will be) and if the money is depreciating (which it does), while your payment remains constant over time (which I believe how mortgages and such work). At the same time you get to USE the asset. But yes, buying things costs money. Having said this, you can probably get away without a car in DC and it will save you couple thousand per year.MPhttps://www.blogger.com/profile/11241999173148363185noreply@blogger.com