Quote:
Originally Posted by razor02097
I know what you're thinking... stepping over dollars to pick up dimes am I right? Yes in the small picture it is 100% true I have invested almost $4000 in my motorcycle and Tracker.... That's a lot of gasoline I could put in my Jeep! However in the big picture the gasoline is a consumable where as the vehicles are an asset. Adding up the reoccurring fixed costs they are still a lot less than the savings in fuel...which means as long as one of the vehicles don't need a costly repair, they are a viable cost saving investment.  |
Your vehicles are a
depreciating asset. Don't forget to factor in taxes, insurance, DEQ, maintenance, etc, and the "investment" is less lucrative. I'm not saying you aren't saving money, just make sure you factor all of the expenses into the equation.
People on my motorcycle forum like to imagine all the money they will save buying a crotch-rocket, but I go through a rear tire every 3000 miles at a cost of about $200. Then there is chain maintenance... a crotch-rocket is never part of a money saving strategy.