RE: Is Buying a car an investment or expense
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buying a car is a nice idea, but the cost of maintenance is another different ball game. as you have said, now that the inflation is 46%.
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Indeed buying car needs huge investment but it now the necessity of life. Just imagine the difference in price people who purcashed earlier. Even my second car appreciate 50% price.
it depends, down here people use it as a taxi, and it generates cash