It’s a known fact. Despite what your Economics teacher has told you, cars are no longer considered a luxury but a necessity, an asset instead of a liability. Sure, its market value depreciates the moment you drive it out from the auto shop, but the convenience and safety it brings (and the prestige that comes with it) will forever make you grateful. That’s especially true if you’re a frequent land traveler and love long road trips.
The fiancee and I were having a car conversation the other day. He shared with me that more and more of his officemates were buying a car. While some go for the brand new ones, others prefer the pre-owned kind for economical reasons.