FYI: When I was in college, I had a part-time job at a bus depot. One of the mechanics was a self-made millionaire. I told him I wanted to be a schoolteacher, so he knew my salary wouldn’t be high. One day he said, “You don’t need a high-paying job if you want to become wealthy. You just need to do some small things right…things that very few people think about.”
“If you’re rich,” he said, “it’s OK to buy a brand new car. But many people who aren’t rich buy new cars without realizing they’re a huge wealth destroyer.”
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/why-buying-new-cars-over-used-is-a-million-dollar-decision