Mike Schaeffer's Blog

June 15, 2006

Let's see, the modern car buying experience is:

  • Pay interest to borrow money to fund the capital cost of your car.
  • Pay to maintain the car.
  • Pay to repair the car when it breaks out of warranty.
  • Pay for consumables like tires, oil, and brake pads.
  • Pay for gas to fuel the car.
  • Spend your time driving yourself around.

Don't get me wrong, I like cars as much as the next red-blooded American guy, but if you view your car as anything other than a tremendous expense, you really need to rethink your point of view.