Forum Discussion
Lantley
Aug 17, 2019Nomad
4x4ord wrote:blt2ski wrote:
Dan,
At the end of the day, figure $.50-.75 per mile or more in actual costs of a vehicle. Cost of vehicle, insurance, fuel, tires, maintenance etc. If you can write it off, great, if not, buy what pleases you, you're spending hard earned funds for fun!
Marty
I figure the cost to own and drive a new diesel vs an old gas powered truck is about $3k per year. (Based on 20k miles per year) $3k per year invested in something that earns a 10% return would result in a $172,000 pot of cash at the end of 20 years. That might be a reason enough for some people to make do with an old gas powered truck.
Yes but some are more obsessed with saving than living. The $172K in cash won't tow my RV! I have to spend it to for it to be beneficial.
An old beater gasser won't reliably tow my RV either.
Comparing spending to saving is pointless.
Maybe I should live on the street like a homeless person in order to save more for my retirement? I could sell my house and live in a tent?
My cost of living would go down and I could have more in the bank
What's the point of living like a pulper and having $1 mill in the bank?
If you need/want a tow vehicle buy it. Saving/investing money is a totally different subject that has nothing to do with tow vehicles.
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