Why do the impoverished sell their good cars if the money goes away and the car stays . Then the car will not be returned?
When impoverished individuals sell their good cars, it's often a strategic decision based on immediate financial needs. Here are a few reasons why they might choose to sell their vehicles:
1. **Immediate Financial Relief**: Selling a car can provide a quick influx of cash that can be used to cover urgent expenses, such as rent, medical bills, groceries, or other debts. In difficult financial situations, meeting immediate needs can take precedence over holding onto a vehicle.
2. **Cost of Ownership**: Maintaining a car can be expensive due to insurance, fuel, maintenance, and repair costs. If someone is struggling financially, the ongoing costs associated with owning a car may become unsustainable. Selling the car can alleviate these financial burdens.
3. **Access to Public Transportation**: In some areas, public transportation options may be available and more affordable. If individuals can manage without a car, they may choose to sell it to improve their financial situation.
4. **Changing Circumstances**: Life circumstances can change rapidly due to job loss, health issues, or family changes. When income decreases suddenly, priorities shift, and selling valuable assets like a car may be necessary.
5. **Financial Advice or Pressure**: In some cases, individuals may be advised by family or friends to sell their vehicle to improve their financial situation, especially if they are unlikely to recover financially in the short term.
While it might seem that retaining the car is advantageous, the pressing need for cash and the associated costs of car ownership often outweigh the benefits of keeping it.