Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
Well, we are talking about buying new cars, so I wouldn’t consider that the right choice for someone living paycheck to paycheck.
I’m simply pointing out that it doesn’t make sense to spend $35k on a shitbox when you can spend $40k on something decent. When cash is tight, it makes sense to go for the best value even if it means spending a fraction more up front (or in this case, spread out over multiple years). How will you feel about the $35k you spent on the car when you can’t use it because the range is shit and the battery wears out quickly from constantly draining and recharging its entire capacity?
This is not any different than buying a $1000 used car that costs you $5000 in gas per year versus a $5000 car that costs $1000 in gas per year. Which one would you pick?
Well, we are talking about buying new cars, so I wouldn’t consider that the right choice for someone living paycheck to paycheck.
I’m simply pointing out that it doesn’t make sense to spend $35k on a shitbox when you can spend $40k on something decent. When cash is tight, it makes sense to go for the best value even if it means spending a fraction more up front (or in this case, spread out over multiple years). How will you feel about the $35k you spent on the car when you can’t use it because the range is shit and the battery wears out quickly from constantly draining and recharging its entire capacity?
This is not any different than buying a $1000 used car that costs you $5000 in gas per year versus a $5000 car that costs $1000 in gas per year. Which one would you pick?