What is more expensive buying 3 cars that cost 500k each or buying a house that costs 1.5millon?

[Jakartheg]

The cars

The house

[Adam1978]

Depends on your location, 3 cars will certainly be a losing deal and you have to pay taxes, insurance, fuel and maintenance.

While a house comes with taxes and insurance and some utility bills. But you at least have a chance it maintain or even increase in value. So I would say the 3 cars.

[Jakartheg]

The house would be in Florida

[docster]

I think the cars would be more expensive due to the depreciation. A house can be a good investment and gives you a place to live. So the house would be the smarter choice in my opinion.

[LiamJHayden]

I'd opt for an apartment building, but of those two the house is more likely to be a better investment. I do not know enough about the models you want to give a good estimate, but vehicles do tend to depreciate while real estate tends to appreciate. There are of course exceptions, but generally.

[AviatorTom]

The cars will cost more. Each car will have additional recurring costs for insurance, fuel and maintenance. The house will also have some recurring costs, but they will be less than the cars.

[Astarlessnightsky]

The Cars, as you need insurance, petrol, repairs, checkups, ... and still need a place to live.

[strateguy632]

they are same