Buy a hybrid Toyota. You get great fuel economy and a well built vehicle that won't be breaking down on you.
I will definitely look into that. Somebody told me buy the new electric Mustang Mach E. I dunno.
Do NOT buy any all electric vehicle. You'll NEVER be able to get out of any place in an emergency situation especially if you encounter traffic since the battery will run down and you won't be able to recharge anywhere.
Yeah, unless I 'garage' it for later.
You're right though, didn't think of it that way.
Back in the late eighties a client (don't know what ever happened to him) got a settlement for plant explosion injuries and he bought two new Corvettes and garaged them. Wonder how it turned out.
hybrid Toyota
I regularly get 36-42mpg average on a tank with my RAV4. You'll get even better mileage with a Toyota sedan. Into the 50-60 range I would guess.
Electric vehicles are dog shit. Horrible advice. You don't buy a 40k vehicle to be some sort of hard asset. Do you not know how vehicle depreciation works? Maybe invest in some silver or gold bullion instead? There is also a ton of money to be made with sound crypto investments.
Lol, he wants to buy a vehicle that'll last if everything goes to shit.
I just gave him a dependable option.
He's looking for an asset not a dependable car you muppet.
What are some sound crypto assets?
Not financial advice but any tokens represented in the ISO20022 standard that is being implemented. These will stay, many others will be gone forever. The 5 ISO20022 tokens are XRP, XLM, Algorand, XDC, and IOTA. They are all still very cheap to acquire right now, most of them are sub $1.00. if you're new to crypto, plan on spending hours of time learning how it works. Once you figure it out it's easy. And for the above mentioned assets, I would plan on any of those being a 3-5 year hold or maybe even longer.
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