
Ask Paula: The Hidden Costs of Leverage
Afford Anything
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The Total Cost of Ownership
There might be career reasons to want or need a new car. But even for that, if you can Uber, I mean, if like, if that's going to happen once every six months, but your job is a reasonable Ubering distance away and you live in a city that's big enough to have lots of Ubers available or lifts, even still that would be a lot cheaper. The newest car he ever bought was at four years old, four or five. He definitely has never bought anything that's newer than four years. For me, the sweet spot are Honda Civics or Toyota Camry's and Corollas.
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