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Unless you're smart with your money and buy a classic (or future classic) car
Or do you mean for actual transportation, not as a toy? Because you just buy an old but reliable shitebox for transportation, like an old corolla or something. As long as it's been maintained, you'll be fine.
Until the next virus or crime rates increase or white/black bashing.....I think that is something that people really need to embrace, my generation grew up in an era when cars were an essential item, so adapting to the modern era could be quite difficult.
With the current generation of young adults, I think in capital cities a car is pointles, public transport, cycleways and ride share apps like uber make the owning of a car a waste of opportunity.
The cost of ownership could add considerably to their investment pool.
True, especially excited by the Tesla long life battery, not so much for cars..after all manufacturers will make sure your car is obsolete within 10y so 200 to 500k mileages at most, with gov helpBattery technology hasn't moved much in the domestic or commercial markets for a long time. To tell you the truth, I generally notice it in the latest drill or battery powered tool and that market hasn't seen much apart from the battery management in dewalt products.
But there are a range of exciting battery tech out there at the moment.
https://www.google.com.au/amp/s/www...ds-last-months-and-power-over-the-air.amphtml
Unless you're smart with your money and buy a classic (or future classic) car
Or do you mean for actual transportation, not as a toy? Because you just buy an old but reliable shitebox for transportation, like an old corolla or something. As long as it's been maintained, you'll be fine.
These guys do pretty well with restoring vehicles; Wheelers and Dealers on Channel 9 Rush:
View attachment 105259
Hydrogen is starting to make inroads in heavy transport, U.K to run a hydrogen fueled train.
https://www.theguardian.com/environ...l-bubbles-up-the-agenda-as-investments-rocket
From the article:
In the UK, the transport secretary, Grant Shapps, this week told MPs that the government will experiment with hydrogen fuel cells for an entire town’s bus network. Earlier this month, the Department for Transport gave £400,000 to the Hydroflex project, run by the University of Birmingham and rail-leasing company Porterbrook, to bring the first hydrogen train to UK main lines in the next few weeks.
NSW could be world's first, to tax electric cars on distance travelled.
https://www.drive.com.au/news/nsw-g...tric-car-usage-tax-123850.html?trackLink=SMH2
It could be argued that the taxation approach proposed by John Hewson, then Liberal leader, in 1993 would be a solution.Anyway, if such a tax is reasonable then it has to happen as EV's become more common.
It could be argued that the taxation approach proposed by John Hewson, then Liberal leader, in 1993 would be a solution.
It was simply a flat GST of 15% on everything, no exceptions, and as part of that did away with specific taxes such as fuel anyway.
I'm not saying that's the only way or necessarily the best way, just that it was an actual proposal at the time from a credible political party, one of the two majors, and is one way it could be approached. It's proof of concept that transport doesn't necessarily need to be directly taxed regardless of how it's powered but could be simply seen as just another area of economic activity. Eg we don't have specific taxes on most other things.
Universal gst for all individuals, entities would be my dream.If such a plan was accompanied by reductions in income tax and appropriate increases in pensions, then fine, and why shouldn't the same principle apply to business ?
In fact a lot of businesses avoid profits tax but they couldn't avoid GST so replacing income tax with GST for business would seem a good idea.
Yep.If such a plan was accompanied by reductions in income tax and appropriate increases in pensions, then fine, and why shouldn't the same principle apply to business ?
Well those well heeled ASF members can now order a Tesla Roadster, nice looking car for the young exec, or their partner.
https://www.drive.com.au/news/austr...-remains-a-mystery-123817.html?trackLink=SMH2
I would rather a Porsche Taycan, if I was going to buy an electric vehicle.
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