This is generally true, but as an investment, buying a car is a bad idea. The value of the car depreciates on the first day it arrives, and as the saying goes, "20% off the lot", and then you have to spend money every day, on gas, maintenance, insurance ......

If there is an investment that loses 20% when you buy it, and then you have to put in an additional portion every year, the problem is that it is still losing money every day, and it may have to lose half of its value in five years, such an investment is indeed a failure. It's hard to say if it's the worst, but it's understandable that others are exaggerating to get attention.

But just because the statement is logically sound doesn't mean the values it is trying to convey are correct. Most people don't buy a car as an investment, but for work needs, to improve the quality of life or even to save face. To put it another way, when we buy a car, we are here to consume, so why think so demoralizing? Get high!

If you don't believe me, let's follow this sentence and extend it out, and you'll see that what it's trying to say doesn't really make much sense.

"Everyone here in the audience, if you buy food, it is the most failed investment of your life. Because then, only a small portion of your food is what your body needs, the rest you eat in will only add to your body's burden and turn into shi pennies not to mention that there is a large portion of it that is damaging our health and killing us."

"All of you here in the audience, if you buy clothes, it's the worst investment you'll ever make in your life. Because then, you only have one set of clothes that you wear, and the rest are lost in the closet. They're mostly stagnant, they're depreciating - clothes can depreciate much more than a car, and within a few years they're worthless."

For those of you in the audience ......

Well not much to say, because according to this logic goes on, we buy anything is a failed investment, in order not to lose money, do not eat or drink are bare to get.

I don't advocate consumerism, but what do we do with our money? Treating everything as financial management, looking at it from the perspective of "earning" or "losing", not spending, not spending money, what is the meaning of such a life?

He thinks I've lost money, but I also think I've gained in mood, and have more motivation to make money, so have I lost or gained?

Trace thinks:Lee Kai-Fu has no problem saying that buying a car is indeed the worst investment of a lifetime。

Let's talk about myself!

Before 2010, then only his wife and himself, no children, two people dashing very, a weekend to drive out here and there to play, please forgive Chengdu is this way, slow pace, only 20 yuan on the body to run to the three Shengxiang point a cup of flower tea to sit for an afternoon.

In 2012, have a child to consider changing the car, 2010 Ranger, full payment down more than 140,000, just only sold 80,000, because there have been two accidents, depreciation rate of this fast, so that I first realized that the car this thing is a consumable.

After replacing the car, Toyota RAV4, and now still in use. These six years, the annual insurance 2400 yuan, monthly parking fees 300 yuan (neighborhood parking), the company parking 600 yuan monthly, a month of gas three tanks of 800 yuan, so that 1700 yuan per month, a year down to 20,400 yuan per year, a few trips back to the old home as well as driving tours, road tolls of these 1500 yuan, so this way a year the car spends 24,300 yuan, 6 years 24,300 * 6= 145800 yuan, almost catch up with the price of buying a new car. At present, the car opportunity does not have any residual value.

Maintaining and buying a car combined is about $300,000 over 6 years, which is clearly not a cost-effective investment and isn't really an investment at all since there are only expenses and no benefits!

Anyway, my advice is not to buy a car without a special special need, the Chengdu subway bus is already fully satisfied with the needs of life.

I am Traceback to One, a minimalist investment practitioner!

As an investment, buying a car is surely the worst investment you can make. You lose money when you buy it and don't go out and then sell it.

Buying a car doesn't just take up the cost, as long as the car is moving, you have to ask for money, and you have to tighten the strings when the car is moving.

But you can't stop buying a car just because you're afraid of losing money. It mainly depends on how you perceive it.

If you are a young man is not married, want to find objects, and can not afford to buy a house, mortgage a 70,000 or 80,000 yuan car, only to pay one or two thousand dollars a month. Looking for object advantage is very big, chat Kan Kan, drive around, strike while the iron is hot, a separate environment is easy to touch the girl's heart. Even if the car is not too good, very general, as long as you dress clean, capable, but also easy to swing open the heart of the girl. Don't pull a daughter-in-law home in a year. Unless you're stupid, then it's impossible.

Young people starting a business to buy a small car, that can improve efficiency; can also pull some goods,; enhance the confidence of entrepreneurship; help others to bring something, increase the circle of friends ...... earn money faster to come.

Married with a stable family, it depends on the situation, if you don't need a car, don't buy one. It's not a small expense, put your money to good use and do something worthwhile.

Age, good health retirees, car house family have, if the life is not willing to buy a car to do an income-generating thing, both things to do, and struggle a, the previous life ideals to cash in on it, even if the late late no, but also a life of no regrets. This road this life has been over.

It's convenient to buy a car, even if you don't have a house in the city, and have a home within 40 minutes away in the suburbs, whether it's for work or business. But we are so densely populated in China, 40 minutes is almost 2 cities away, 3 hours to a center city, 30 minutes to the most remote part of the county. Three hours to reach a center city. 30 minutes to reach the county's most remote places. Such as, in the county work colleagues and you at the same time off work, he lives in the city, may not have to live in the countryside you first home. So, buying a car can save a suite.

Due to the high prices of urban housing (housing prices to stabilize, drop also very little range), it is increasingly difficult to earn money, food is more and more expensive, the willingness to buy a house in the city is less and less, choose to live in the countryside more and more people. Having a car is a must! Having a car is cost-effective! There will be more opportunities with a car!

89 years I bought a commercial house, a square meter 630 yuan, more than 90 square meters of three rooms and one hall, the location of the city center, when almost no individual to buy commercial housing, spent more than 50,000 yuan, after nearly 30 years that set of houses are still in the market value of more than 1 million yuan.

In 91 years I I went to the sea business bought a Peugeot 505 car, even the tax together nearly 300,000 yuan, not used for a few years against the bank 90,000 yuan, so the price can be, because the car has been eliminated, must be replaced by a new car.

If then with 300,000 yuan can buy 100 square meters in a good location of the front room, if put into the present annual rent of more than 1 million. If you add a little more money can buy 140 square meters of residential property in Beijing, now the market value of more than 10 million.

My son bought a Ridgeline in 2012 for a total cost of nearly $300,000, used it for 7 years and 100,000 miles, sold it for $120,000 this year, and spent another $570,000 on a Toyota Baja.

The above facts prove that buying a house has been in the value-added, buy a car has been in the value-reducing, I asked my son your Razor sold 120,000 yuan cost-effective? He said cost-effective, with seven years a year discount of less than 30,000 yuan, he did not say oil, insurance, maintenance costs, which is now the young people's concept of consumption.

So people consume differently and perceive differently, and while a house appreciates in value over a certain period of time, it may be possible to buy a house now that is also decreasing in value.

Car a value in the diminishing value, but in order to work life is convenient, small car is a necessity is to buy, especially now young people do not have a car not many people.

Whether it's a house, a car, as long as it's needed, it doesn't really matter if it increases in value, or loses money.

From an investment logic perspective, that's true, but buying a car and investing in it are really two different things.

Cars, after all, belong to theconsumablesIfFrom a purely investment point of view, buying a car is certainly not a good investment。

As the saying goes, "the landing hit 80% off" Well, the words although exaggerated some, but from the first day of buying a car, your car is indeed always depreciating in value. The difference is that some cars depreciate faster, some cars depreciate relatively slower.

Of course, if you have the money to buy the so-called "limited edition" or those "classic cars" with investment value, that's a different story, and it's not in the scope of our discussion today.

Is buying a car considered an investment?

The purpose of buying a car is nothing more than the convenience and comfort of traveling, and to a certain extent, it is also the embodiment of "face". So the core purpose of buying a car is actually in theA kind of self-enjoyment on the material and spiritual levels. It is a purely consumer process, not an investment. So the argument that "buying a car is the worst investment of your life" is a bit too far-fetched, personally.The starting point itself has a problem of confused logic。

If we follow this logicGo see. You bought it.Many clothes, shoes, household items, cell phones, computers, appliances, and many other items may be considered worse investments, because these things will eventually depreciate to very low prices, and in some cases, even to zero. But can we refrain from buying these goods because of their poor investment properties? The answer must be obvious.

It's better to buy a car on a budget.

In fact, it's best to buy a carassess one's capabilities and act accordingly (idiom); to act within one's competenceAfter all, after buying a car every year or fixed will be out of gas, insurance, maintenance, repair and a series of daily expenses, so before you buy a car must be on their own income to effectively assess the cost of daily use of some high-end cars is also very high.Don't buy it and then regret that you can't afford it.。

And then there's this.It is generally not recommended to take out a loan to buy a carThe first thing you need to do is to get a loan to buy some high-priced car, if the economic strength is limited, try to choose the grade you can afford, after all, the car is a consumable, because to buy a car but also loan a lot of money, it would be better to save up some money for the good, and so on the future economic strength allows to consider later on.

The above personal opinions are for reference only.

A: I am determined not to buy or drive a car in my life, honestly, buying a car is burning money and wasting money, I would rather buy insurance than never buy a car.

People who drive may not always be rich, people who do not drive, may not always be poor, in the city to work, the bus, the subway is affordable, in addition, I have an electric car, convenient and fast, I am content.

Besides, when you buy a car and drive it, there are safety hazards at all times in your life, just look at how many people go to jail for DUI and DWI, and the people who drive the car, are on edge every day for fear of accidents and car accidents coming to them.

I expressed a different view, too one-sided!

Let's start with the positive point, the reason I think it's stupid!

For most young people, buying a car to save face, or even taking out a loan to buy a car, is really a rather stupid choice, in my opinion.

I've seen so many young people, even couples, go out and buy a BBA car by overdrawing all their savings and carrying a 3 year loan just to save face. When they drive it, they feel very dignified, but 3 years of debt makes them miss a lot of opportunities in 3 years. Like real estate, like the stock market.

Eventually, 3 years passed, cars landed at half price, house prices, and the stock market went on wave after wave of bull markets, costing them wealth, time, and opportunity.

Again, the opposing viewpoint, I think for some people it's smart for a reason!

But for a small group of people, buying a car to save face is a good thing instead.

I heard a story where in the middle of a contract negotiation, the client turned down another chap in a Honda Civic just because he saw the other guy as a Mercedes in an E300. But in terms of ability, and in terms of price, there wasn't much difference between the two at all.

It can be said that in today's society, many "salesmen" and "bosses" make their money through window dressing. When you are such a person, then buying a car is not necessarily the worst investment, but may also help you easily enter a better platform.

I'll give another example:

In the former car club, there is a young man loaned to buy a BMW 5 series mixed into our car club, and then through a few years of time together, he found a business opportunity in it, earned back the money to buy a car, but also to find the right direction of life development.

This is the strategy of "meeting friends with cars", because at that time, people who could afford to buy a car of 500,000-800,000 yuan have some of their own way of making money, then want to know such a person, you must "take advantage of the situation", to buy a "good car The "good car" to enter the circle of rich people is a strategy.

Conclusion:

Therefore, young people should not buy a car or even take out a loan to buy a car when they are not capable of earning back their wealth with their face, it is really not necessary. How much is face worth? "It's better to buy a car with all your money than to earn money without face and then buy a car. This is the right way out and in the right order.

However, when you can use the car as a platform or a tool to help you get more, it's worth it!

Concerned about Zhang Daxian, investment is not lost, [column] have dry goods, welcome to "taste".

It depends on what kind of car is being bought. Scope it out first, the ones that run on the highway. Trucks, all operating vehicles are earning money, many people are running transportation to start. Family sedan is a high consumption of transportation, it is still in the hands of entrepreneurs is a money-making tool, driving a luxury car to talk into a single business is worth, and in the hands of the general just a little bit of face, maintenance, car insurance, fuel consumption, depreciation, garage space, parking fees, a variety of violations of the fine combined annual cost of tens of thousands of dollars, do not go on the road, at home to put it also spend money, it's too uneconomical.

Business people see all activities in life as investments; schooling is an investment, getting a wife is an investment, social activities are an investment, buying a car is an investment, and it has to be the worst possible investment.

Let's say, buy a car spent 200,000, drive 10 years after the sale, may be sold for 50,000 or 60,000, plus 10 years of various costs, at least 12,000 or 13,000, this calculation, ten years can be really a lot of loss. If you don't buy a car, 200,000 to invest, plus the cost of using up more than 100,000, maybe a big deal.

Ten years, maybe you created a technology or other businesses, all kinds of time and place and people all live, now thriving, your wealth millions of billions of dollars to rise it!

Just hypothetically, and this hypothetical is basically a daydream, where are the people who can afford to invest in a car lacking the money to buy one?

Now buy a car basic function is to walk, of course the luxury car is not only to walk, luxury car good car is actually face, grandeur, ability to materialize, these are also no excuse. Buy a car is not that there is no pretending, which he is well loaded, can not be loaded, the car is sold.

Modern society is mounted on wheels, forty years ago the bicycle, thirty years ago the motorcycle, more than ten years ago the beginning of automobile consumption, buy a car is almost a necessary consumption, is a necessity of life. Social development, consumption upgrade is just.

If the worst investment of your life is buying a car, that investor is really no good!

Buy a car can not be described as an investment, the car is now an indispensable tool for life, no car is truly inconvenient, and most people buy a car is to be more comfortable, travel more convenient, few people say that buy a car to invest in preparation for earning a large amount of money, except for used car dealers.

About what Li Kaifu said, he is from the investment point of view, because the car this thing depreciation rate is too fast, good point of joint venture car, the depreciation rate is also slower, if it is a domestic car, open a year on the sale, can be more than half of the value of the rate of retention of the good, only in the sale of the car, only to feel that the rate of retention of the car is also a very important consideration of the direction of the direction of the value of the car.

A buddy of mine his dad is a local factory boss, then think buy Mercedes drive BMW more class, and then listen to my buddy's advice to buy Mercedes-Benz S350, 3 years of time, open enough, Mercedes-Benz excellent quality in his failure here, more glitches, transmission leakage, to repair several times can not be, and did not give a new one, and other minor problems are also quite a lot of, can not help but to go to the second-hand car Market to ask how much money can be sold, people lifted the chassis to seriously check after giving him 380,000, he bought when spent more than a million, now selling 380,000, three years or so evaporated 600,000, he where to give up, can only continue to drive.

Because of the car, our quality of life has improved a lot. The car can make life convenient, but also improve the quality of life, young people now married house is a must have, the car is a must have, no car people will not marry, some good accompanied by a car, is because the car is now into thousands of households, become a common tool in life.

Even if everyone knows that cars are a depreciating thing, they still spend money on them, and probably more than one, right?