After two posts this month assessing the tremendous cost of cars, their depreciating value, and ongoing repairs, I thought I would give partial time to acknowledging the incredible fun of cars. After all, while the financials are negative, they do provide many, many intangible benefits that help make life a joy.
Similar to cabin/cottage life, world travel, or owning a speedboat, driving a cool car is an expensive, but fulfilling hobby that adds a lot to life. We’ve had two sports cars over the last seven summers and they have become much more than just transportation.
Our roadster has taken us to unforgettable places in unforgettable style – small town bed & breakfasts, country wineries, distant pizza barns, autumn orchards, and scenic vistas. In addition, it gotten us involved in a lot of activities – car shows, timed road rallies, weekend cruises, and even performance-driving closed track events. We’ve met a lot of people along the way and deepened existing friendships.
With a car like this, even a quick shot up to the hardware store is entertaining. The experience is just as described in an old Corvette print ad – the headline reads “Twice A Day This Man Takes A Vacation.”
While it essential to save money to reach FIRE (financial independence & retiring early), it is also important to ensure you find things that enhance your life and unlock a sense of adventure. That’s why this car is my guilty pleasure!
What’s your splurge for FIRE – however expensive (or not)?
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