Depreciation >> interest costs > running costs, at least for cars.That's the problem... Leverage. It's one thing to use other people's money when the interest rate is 0% and you can pay in full at a whim. It's totally different if it has cost.
Agreed. And I’d rather ride my “bike”, maybe work an extra shift or two at work, and pay someone a few thousand to build the built in shelves in the basement. Oh wait, I did just that.Putting a financial measurement on something that requires a significant time investment makes me scratch my head (I assume you are talking about your woodworking project). Enjoy life, don't spend it just trying to acquire stuff.
Now if you enjoy building shit, (I certainly do). Then carry on.