Which is a better investment buying house or a car

[cherry123]

If one is looking at investing some money would it be better to buy a house or buy a car. The car is a commercial car for business. Which is better?

 

[A_anna]

House or car both liabilities defend on you, if you buy house so will never rent refer a house, but if you will buy a car for passion, but if you buy a car for business purposes much better the car

 

[Starmix]

A car depreciates, and a house and lot do not, but the two could be bought at one time depending on the person's financial availability. I have my own house and lot for sale for investment. I want to have my own business.

 

[uptrendfinancialsignal]

It depends on what you want to do if it is a house, it means you are engaging in real estate.

Post automatically merged: Jan 12, 2023

It depends on what you want to do if it is a house, it means you are engaging in real estate. If it's a car , you can engage in Uber.

 

[Reedex]

Buying the house or a car depend on individual preferences and what is dear to you at that moment in time because you cannot see the one that is mostly important.

 

[Niyi Briggs]

For me, a house is the first priority before a car. The amount one pays for rent keeps on increasing on a daily basis. If you are buying a car, it should be a business car. I must get a house before a car.

 

[Shortie]

It really depends on your intentions when you invest in either a house or a car. With a car, you can do things like delivery driving, food delivery, uber, and even like over here taxi driving which is taking people too and from a destination safely for a fee. With a house you can do things such as rent out rooms or even rent out the whole house if you are able to so both have the benefits to be able to invest after buying them, it just depends on what you as a person want to do.

 

[Starmix]

It is good to buy houses than cars. There are requirements for cars unlike in houses. I was a house and lot broker 6 years ago and got lucrative commissions. I also sold cars but only a few buys in a year.

 

[Springtime]

I would buy a house. In most cases, the value of real estates appreciates over time. I can live in my own house or rent it out to get passive income. For a car, the value depreciates as soon as it is on the road.

 

[Starmix]

That's right house and lot appreciates than car it depreciates after some years. And when it's sold it is second hand so the prices lowers.

 

[Bisolami]

I will prefer to buy a house so that I will not be bothered about paying my house rent anymore.

If one is looking at investing some money would it be better to buy a house or buy a car. The car is a commercial car for business. Which is better?

 

[eldavis]

If i am given the option to choose between the two, i think my choice would be buying a house. Though cars are seen liabilities but can also be used to generate income as well but i believe a house would be a better investment, that would help me generate more income.

 

[Bisolami]

Exactly.
You can even rent out a part of the house that you have built and you will be making money from it.

If i am given the option to choose between the two, i think my choice would be buying a house. Though cars are seen liabilities but can also be used to generate income as well but i believe a house would be a better investment, that would help me generate more income.

 

[Reedex]

Buying a house is a better investment because it is a lucrative venture that will appreciate.

 

[uptrendfinancialsignal]

When you buy a car , it will surely deprecate but house can never depreciate.

 

[Bisolami]

Buying a house is a better investment because it is a lucrative venture that will appreciate.

That is true
People can even make money from the car and even rent it out so it is a lucrative business.

 

[Reedex]

That is true
People can even make money from the car and even rent it out so it is a lucrative business.

It is true that you can make money from a car when you involved in uber.

 

[Bisolami]

It is true that you can make money from a car when you involved in uber.

Someone can even make it as a side or so and just take a few rides when you closes at work

 

[Ratine]

Buying a plot is indeed very profitable compared to the owning of the car/s. Machinery is always very skeptical for that matter.

 

[bestwriter]

I think the value of a house normally appreciates in value and in the case of cars it depreciates. I therefore think investing in a house is more profitable.