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Updated about 3 years ago on . Most recent reply

User Stats

280
Posts
131
Votes
Anthony Therrien-Bernard
  • Realtor
  • Calgary, Alberta
131
Votes |
280
Posts

Anyone into car hacking?

Anthony Therrien-Bernard
  • Realtor
  • Calgary, Alberta
Posted

Hi fellow investors,

I was wondering if any of you are into what I call "car hacking". I love cars, but I also love real estate and thus cannot justify spending exorbitant amounts of money on depreciating assets, one of the worst offenders being cars. Even since my first car I've discovered that if you buy "the right car" you can buy a really fun sports car and have a lower cost of ownership than a brand new civic, and in some cases even make money to own the car. Anyone else into this? I know it's more common with rare supercars but that's way out of my league for now, I've been doing this with sub $30 000 cars

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