If you save $10,000 by buying a Toyota Camry instead of a BMW and invest that $10,000 in stocks with an average annual return of 10%, at the end of 10 years (about when your Toyota is coming up on that 150,000-mile mark) you'll have $25,937.
At that point, save another $10,000 by buying a less expensive car, invest it, and the combined savings on those two cars will, 10 years from that second purchase, be worth more than $93,000...Can driving a car that is $10,000 more expensive than another really be worth nearly $100,000 to you?
Great stuff. Read the rest here.
Works great if you pay cash! Toyotas are even out of my league these days... And you know that no one's really buying the BMW for the "value."
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