Have you ever wonder why billionaires drive cheap cars?
They have more money than you almost can imagine, and some of the richest people in the world could almost buy a new sports car every day, the rest of their life. But instead, they chose driver cars like Volvo, Toyota, and Kia.
The most likely reason is that they do not want to stand out, they want to drive environmentally conscious, safe, and secure.
Another reason may also be that they are economical and do not spend their money on things that fall in value. A new car is perhaps the worst deal you will ever make.
There is a reason why these people are billionaires. They do not spend unnecessary money. Not that the car itself is unnecessary, but there is no reason to spend a lot of money on this.
For a certain amount, you get a car that is environmentally friendly, comfortable, and safe. Gold furnishings, champagne holders, jet engines, and chairs with silk fabrics are just impractical and unnecessary. Even if you have 100 million in the bank.
Of course, you can buy a sports car because you think it’s fun with technology, likes to ride fast or with extra comfort. But it is opaque and remains a toy. If you are a billionaire, you probably have other fun toys — like your own Jet.