if you have to think so hard whether to buy a car or save the money, it is obvious you shouldnt be buying a car. Dont blindly follow the Joneses. Buy only if you can spare the cash and afford the maintenance of the car for your family's travelling comfort, convenience and privacy.
I think there is little status in owning a car nowadays since there are so many around, where once it used to be a status symbol. A few years ago, those owning BMs, Mercs and other Luxury brand cars are considered to be high status, but again these kind of cars are so common now. Worse, you see so many breaking down on the roads. Really lose face.
But now there lies the problem of perception. Since there are so many cars around, then those without cars could be perceived to be unable to afford one.
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Originally Posted by Unregistered
Are you all so hard up for so call convenient? If you are filthy rich and when money is no more money in real term, then go ahead. If you are just a wage earner, and you still have to calculate how much is the opportunity cost, then forget about it. Convenience always come with a price. Just imagine through out your life span, how many cars you have to change, how much you have to spend on petrol and maintenance. Sum up the total expenditure spent on cars, that could make you live comfortably after retirement.
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