Stupid Questions Thread

There are two excellent MMM posts related to this:

The only exception to this scenario is when you're leasing for a business, which is sometimes valid. Rarely, but sometimes.

One place where MMM and I disagree, is that he recommends quite a bit older cars then I do - because he's of the mindset that you're not going to be driving much to begin with. I preferred to spend a bit more, get a slightly newer model, and haven't had to do any maintenance besides oil changes.

One other giant obelisk of human advancement just waiting for you is do not buy more car than cash you have. Do not finance or otherwise. this is covered in the article, and I find it to be great advice.

/r/slatestarcodex Thread Parent