Invest in car or property first?

[Josh Raikin]

With current (and future) global issues with Russia/ oil/gas, is it smarter to invest in an electric car and pay more monthly (for a better future return) or get a cheaper gas car (lease or buy)? 

I have yet to invest in my first property, but this is a question I will have to answer soon. Curious what an investor community would answer to this question. 

Background: I am making a salary from my job too.

[Ian Murray]

Joshua,

Typically, a car is not viewed as an investment if it is a daily use item.  I am in a similar dilemma, as I will be returning to the US in May and need a car.  I am electing to go with a hybrid to split the difference.  Most of my driving will be in town/city, so I will be able to take advantage of the electric power, but the mpg is still pretty good for highway driving.  

If you want to go cheaper, get the gas engine car and use alternate means to get around.  I try to commute by bicycle as often as possible.  Saves on gas and parking, and it prevents me from making little side trips to the store unless it is absolutely necessary (and fits in my backpack).  It is another way to force yourself to be conscientious when it comes to spending.  If you get an e-bike, you can commute longer distances or reduce the risk of sweating in your work clothes if you don't have a place to change at work.

Ultimately, I would recommend going with the option that will keep the most cash in your pocket/account to use it in a productive manner.  Of course, that's just my opinion. 

Ian