My driveway looks like a used car lot lately. My neighbors make fun of me. I had some thoughts about owning a "fleet" as they say, and I made a vid for my YT channel about it. Wondered if any of you guys had thoughts on this.
I love cars and see having more than one as a fun investment. The $3000 I dump into another car could be $3000 in the bank or $3000 in my driveway. I see it as no different aside from differing interest/appreciation. To me, the fun of having multiple cars outweighs the negatives.
Speaking of, negatives are:
1, Cost to purchase...
2, Maintenance required for multiple cars
3, Insurance cost of multiple cars
4, Space needed
5, Potential for having a junkyard in your driveway/yard
Positives as I see it are:
1, Fun, variety
2, Convenience - if one is under the knife, you still have a ride...plus you can loan them out
3, Investment/profit - the right car will bring profit when you sell it
4, Infrequent maintenance/gas fill ups/etc. (if you keep maintenance current)
Wondered if anyone else has a "fleet" and thoughts on the "fleet mentality"...
Here's my vid if you want to check it out:
View: https://www.youtube.com/watch?v=ugRIsqBz9N4
I love cars and see having more than one as a fun investment. The $3000 I dump into another car could be $3000 in the bank or $3000 in my driveway. I see it as no different aside from differing interest/appreciation. To me, the fun of having multiple cars outweighs the negatives.
Speaking of, negatives are:
1, Cost to purchase...
2, Maintenance required for multiple cars
3, Insurance cost of multiple cars
4, Space needed
5, Potential for having a junkyard in your driveway/yard
Positives as I see it are:
1, Fun, variety
2, Convenience - if one is under the knife, you still have a ride...plus you can loan them out
3, Investment/profit - the right car will bring profit when you sell it
4, Infrequent maintenance/gas fill ups/etc. (if you keep maintenance current)
Wondered if anyone else has a "fleet" and thoughts on the "fleet mentality"...
Here's my vid if you want to check it out: