The cost of just fuelling for two cars is something that could overwhelm an average income person in a week.
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Do you think having more than one car is not financially wise for an average individual?
- Thread starter King Belieal
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- #22
My parents have three cars though. But they are above average level plus they do their best to maintain the car well and keep it from breaking down.
To not talk about the shamefully high annual car taxation. In my current country, car taxation is more than fifteen times the European tax. An utility small car, a simple vehicle, can cost 3500 reais per year (currently, about 650 dollars) just in taxes.
There are so many things which you need to consider, you must ask yourself how much you earn if you can be able to take care of the car it's not all about owing the car but how to maintain it for me I will say one car is enough for average man
One car per person is enough. Considering that a lot of times a whole family must count on a single car only (what means difficulties if both the spouses need a car to reach the place where they work, at the point many couples need a car per person). Sometimes the children get obliged to skip school days if the father or the mother needs the car to go to work extra-time. But there is nothing to do when a family can't maintain more than one car.
Yes I perfectly agree with you that owning two cars is not a wise choice for a middle class individual. In these times it is also starting to become a luxury to have even just one.
That's the reason I didn't buy a car. I use public transport.
The same does my couple. In my current country, owning a car means to live plunged into debt forever, due to the expenses explained before. To not talk about the purchasing price, that's four times the European price to buy the same vehicle. Unfortunately, the families who have children under the legal age find themselves in great need of a car and consequently they often get indebted.
Cars depreciate in value over time, and owning multiple cars means you're experiencing depreciation on multiple vehicles.
A car is indeed a valuable asset, but it is also a financial burden. You pay for gas, service, insurance and spare parts regularly. Having just one car is already an expense, now imagine having two. It can be difficult for the average person to afford all those expenses.
But it also depends on one’s lifestyle. If you have a job that requires two cars or a large family, it may make sense. But if it is just for fun, it is better to think twice. The costs can hinder other financial plans.
In the European countries and in Mercosur also, you pay the Ministry of Transport text every two years and yearly, the tax disk also (all the owners of a car have the duty: if they don't pay the tax disk, they'll be severely fined). In my country, the tax disk is shamefully high (ten times the European tax disk). That's why my neighbours always live indebted.
Yes it doesn't makes much sense especially when the car is not generating money
In my country, unless you become UBER driver, owning a car only means to get soon overwhelmed by tons of debts. Unfortunately, if you have little children to teenagers, you can't get rid of a car.
Here in Italy 
or the worst country member of the European Union, which imposes here what is called a greeneconomy, where one of the many measures, just to empty the pockets of those who are without money is to begin banning the circulation of internal combustion engine vehicles (petrol, diesel) and allowing only 100% electric cars, which are exorbitantly expensive to purchase, maintain, and refuel (due to the serious energy crisis caused by the Russia-Ukraine conflict). Well, given this current crisis, which is creating a gap as wide as the Mariana Trench between rich and poor, the result will be that some people will own seven cars, one for each day of the week, while on the other hand, people will have difficulty even walking because for then will be too expensive even to buy a pair of shoes!! Said that, if we don't call this SHAME, do you have any other terms to define it?
or the worst country member of the European Union, which imposes here what is called a greeneconomy, where one of the many measures, just to empty the pockets of those who are without money is to begin banning the circulation of internal combustion engine vehicles (petrol, diesel) and allowing only 100% electric cars, which are exorbitantly expensive to purchase, maintain, and refuel (due to the serious energy crisis caused by the Russia-Ukraine conflict). Well, given this current crisis, which is creating a gap as wide as the Mariana Trench between rich and poor, the result will be that some people will own seven cars, one for each day of the week, while on the other hand, people will have difficulty even walking because for then will be too expensive even to buy a pair of shoes!! Said that, if we don't call this SHAME, do you have any other terms to define it?