The big problem with cars is this; no matter how great of a car you buy, it will always get outdated in a year or two.

For example, let us imagine that you were one of the few suckers who bought a Lamborghini URUS when it first was released. Now, you’re stuck with your old model, even though that the new URUS S or the URUS PERFORMANTE is out.

Or even in the world of Bugatti, even if you got the Bugatti Veyron, now it is outdated it looks old and ugly. Bugatti Mistral is now out.

Therefore the question is this; if you are in a position where you really do need a car for every day living, what should you do?

The first thought is if you just want to live more freely, and not be beholden to your car, just buy a really cheap used car, and if you get bored of it, we’re no longer need it, you could easily sell it, or just give it away. For example, awaiting the birth of Seneca, I bought a 2003 Subaru outback, five speed, with 220,000 miles on the odometer for only $800 USD. After a year of use, one of the radiator hoses melted on a hot day, and it caused the piston rings to give out, and then I just junked the car, and got $300 of cash from the junkyard. Spending only $500 for a year of use was well worth it.

Another thought is if you just want a simple car to get from Point A to Point B,, just get a used Toyota Prius. They are insanely reliable, good on gas, and because it is a hatchback, very versatile. If you live in southern California, just get a white one.

If you want the thrills of driving really fast, or racing on a track, best to just spend 1000 bucks and rent a Porsche GT 3 for an hour at one of the Porsche experience tracks.

The true ideal is to not own a car at all; if you need to get somewhere, just take the subway, bus, or call an Uber. Or borrow a car from the family. Or if you want to go on a weekend excursion somewhere in the mountains, just rent a car for the weekend. Upfront, the cost seems much higher, but in actuality, you end up saving a shitload of money in the long run.

Also one of the major downsides of owning an electric car, like a Tesla, or any other electric car this; an electric car is just like a really really expensive iPhone. The battery technology quickly gets outdated in about a year or two. Therefore, it seems that the ideal strategy is either buy one used and resell it, or just lease it.

What if you want some sort of sports car, some gasoline car? Then it perhaps makes the most sense to just buy one used, because you will get it at a steep discount, and if you decide to resell it, you could probably get around 90% of what you bought it for. If you buy a brand-new gasoline car, you will instantly lose 30% of its value after you drive it off the lot. One of my personal problem things in life is that I have never bought a car that was more expensive than $2500 USD.