Assuming the numbers are correct (I don't agree the 50% profit on investment), 30000 over 15 years is about 2000 a year. I would say it is worth it to get new car every 5 year.
Let say there is no loss/no gain on the "investment", 20000 over 5 years is 1333 per year. I would hit it for sure :p
However, I would say it should be a case by case study instead, b/c the depreciation on luxury car or more expensive car is significantly more. The saving should be magnified in a long run...
no la...it says make 10k in investment in 15 yrs not 30k la...so about 50% increase in 15 yrs which I think is very doable and conservative...just a simple compound interest of 3%/annual in 15 yrs will give you that amount!
anyway....lots of people are willing to pay the premium to drive a new car in our city... and so many people lease too cuz they're self employed
if the calculation is for a "new" used car every 5yr, then it will be closer. Used car that is about 1-2 yrs old are pretty much like new....
原帖由 SAZABI 於 2008-3-17 12:29 發表
All interest you earn is taxable... so your effective rate is only (let say you pay 25% tax) 2.25%
Compound annually will give u about $8000
Haha...what an argument! Since when we take income tax into account? "Cannon behind horse"...
What if this person doesn't have to work...so doesn't need to pay any tax? Anyway...pointless going further...
發表於 2008-3-17 07:50
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and so many people lease too cuz they're self employed
keep a car for 15 yr ?? 
