From Fat Tailed and Happy …
The true luxury car cost of ownership when accounting for potential investment returns is STAGGERING. Possibly millions over the course of a lifetime.
Cars are one of the most important things you should avoid financially screwing up, if at all possible. But all of the Teslas got me wondering just how much better off I am in my crummy 2006 Honda Accord with damaged upholstery.
I’ve calculated the estimated cost per mile of each of four different types of popular vehicles: