Re:Unlimited Kagi searches for $10 per month
by chiefalchemist on Friday September 22, 2023 @06:03AM
(#37610087)
Yes. But cars are expensive *and* for the most part they are unutilized. When you're slepping...the car sits. When you're working...the car sits.
An given society that's based on personal transportation (e.g., USA) at any given moment has a significant amount of resources sitting around doing nothing. In a world now based on not-so-infinite resources less cars (via, car on demand) is more than just a biz model. It's good for the world we live in.
Re:Unlimited Kagi searches for $10 per month
by frumper on Friday September 22, 2023 @10:37AM
(#37612635)
Most of the depreciation comes from wear and tear of using it. If you let it sit for an inordinate amount of time that will have a significant impact, otherwise your car isn't going bad when you sleep at night.
We buy lots of depreciating assets because we need them. That’s not bad, necessarily. But don’t buy a car as an investment.
I brought up food because it’s a depreciating asset. You buy it, you eat it, its value depreciated to zero. It’s not cute, just pointing out that “don’t buy depreciating assets isn’t a very useful life choice.”