New cars are the fastest socially celebrated way to destroy wealth
This hill is unclaimed. Nobody is willing to die on it. Yet. First blood pending.
- Pay, and you hold it.
- Anyone can dethrone you for more.
- Every claim stays on the record.
No claims on the record.
The other side
Depreciation on a new car is paid for something: a full warranty and financing at rates a used buyer rarely sees. A used car's discount is compensation for unknown risk. One bad transmission erases it. And the money lost buying new is small next to a mortgage taken at the wrong time, or a decade of idle cash. Wealth dies slowly, in bigger places.
Tell me when this hill changes hands.
One email per change of hands. Unsubscribe link in every one.
Adjacent hills to die on
Private school is worth it if you can afford it
Low wage factories in poor countries are still a net good
Direct cash transfers beat every other form of philanthropy
Chasing your parents' lifestyle is a trap you cannot afford
Buying coffee out daily is a reasonable expense
Needing three income streams to pay rent is exploitation
More money hills, all of them, or find one worth $1 of your convictions.