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Doesn’t matter what make, model, mileage, condition or colour. Depreciation devours new cars. The only time you should buy a brand new car is when your net-worth is at least five times the on-the-road price of the car. So, for a brand new car costing 50k? Your net worth needs to be at least 250k.
Embracing Discomfort.
Neeramitra Reddy
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This is a lovely rule of thumb
See(k)ing Truth ✦ On an inner journey of healing after an outer arc of self-maximization ✦ manximize.com ✦ neeramitrareddy.com
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