If you win $10,000 in a contest to either upgrade your house or your car, which

Jump to Last Post 1-13 of 13 discussions (15 posts)
  1. WalterPoon profile image76
    WalterPoonposted 5 years ago

    If you win $10,000 in a contest to either upgrade your house or your car, which would you choose?

    Different people have different priorities. I know some will choose car, while others will choose house, so there's no correct answer. The best answer will be the best explanation for a particular choice. Personally, I would choose house because a $10,000 upgrade will stay with me longer than a car. A car depreciates fast.

  2. lburmaster profile image83
    lburmasterposted 5 years ago

    House. The car is just to drive around in and, as you said, depreciates fast. For the house, it would be more enjoyable and my husband would appreciate it more.

  3. Darksage profile image74
    Darksageposted 5 years ago

    I think that a house would better to upgrade than a car. As you said, that, a car depreciates fast. A house stays longer. My idea, however is that, I can live in the house, it provides me shelter and storage of different materials. It also provides me comfort. While the car, yes, provides me comfort, but not in a sleeping position, and it would always need gas. So I choose the house smile

  4. bydojo profile image83
    bydojoposted 5 years ago

    I have a car already, so it's not a priority for me. In a house though, 10K would be put to some great use. I'd choose this option in a heartbeat.

  5. mintinfo profile image74
    mintinfoposted 5 years ago

    A house is an investment while a car is a liability. As soon as you drive a car off the lot it loses up to 50% of it's value whhich you will never get back. It will also continue to depreciate in value for as long as you own it. A house on the other hand will always increase in value. Your $10K investment in improving your house could double in 5yrs or less.

    1. WalterPoon profile image76
      WalterPoonposted 5 years agoin reply to this

      Well said, I had a friend who bought a 2nd-hand Peugeot 504. He liked it very much but latter found it to be a gas-guzzler. He returned it after 3 months and was shocked when the shop only offered him RM8,000, when he had earlier paid for RM32,000.

  6. liesl5858 profile image87
    liesl5858posted 5 years ago

    If I win $10,000.00 in a contest I will definitely upgrade our home instead of a car. The car, you can upgrade later but the house comes first.

  7. santiz profile image58
    santizposted 5 years ago

    I would use 8,000 in my car and 2,000 to reinvest and make more out of it smile

    1. WalterPoon profile image76
      WalterPoonposted 5 years agoin reply to this

      Santiz, you're the first person to choose car instead of house, LOL. In Malaysia, most people will choose car in order to keep up with the Jones. Some say you can see the most number of Mercedes in low-cost housing areas.

  8. duffsmom profile image61
    duffsmomposted 5 years ago

    I would use it on my house to improve different things. Our cars are in good shape and $10,000 would only make a small down payment with today's prices. So I would go with doing something to the house.

  9. Sharkye11 profile image93
    Sharkye11posted 5 years ago

    My home. I spend more time in my house than I do in my vehicle. I would consider any improvements to my house to be basically re-investing my money. Not to say that my truck couldn't use a little improvement...it is pretty much held together by Duct tape and prayers. But my house is much more important to me.

    As far as types of improvements, I would definitely choose functional ones over decorative ones. Things to make it more energy efficient and comfortable.

  10. Man of Strength profile image77
    Man of Strengthposted 5 years ago

    Hello Walter,
    I echo your sentiments. Your car depreciates as soon as you leave the dealership. For the last eight years, I've been in the same house, while I've had two different cars in that same time span. I'd pick the house everyday, all day.

  11. WalterPoon profile image76
    WalterPoonposted 5 years ago

    A tie... Mintinfo and Sharkye11. Sharkyell actually answered the question aptly and in great detail because the question is "if you win... what would you choose?" But Mintinfo's answer would potentially help a lot of people by his reasoning and indepth analysis. 2 best answers but I can only choose one... a hard decision to make.

  12. Moniqueqq profile image51
    Moniqueqqposted 5 years ago

    Am Mary i am very happy today for what God used Dr Dahiru a great spell caster to do in my life. i had misunderstanding with my husband in the past and so it led to us breaking up for 3 years but one day i saw a post of Mrs Sonia who posted on the internet that Dr Dahiru a great spell caster helped her with a spell that brought her Husband back and also get pregnant for her husband so i decided to contact Dr Dahiru the great Spell caster to help me and he assured me that my Husband will come back to me luckily today i am very glade to write on this wall that Nick my husband has come back to me as the great spell caster Dr Dahiru said. Do you have a problem with you Husband, boy friend, girl friend, relations or in your office and you think you have lost them?worry no more because Dr Dahiru the great spell caster can help you just as he helped me bring my Husband back okay. contact Dr Dahiru today via  email: arewaspecialisttemple@yahoo.com

  13. LoisRyan13903 profile image78
    LoisRyan13903posted 4 years ago

    I know this is an old question but I would go for car.  I had to purchase a newer car a few months ago because I had 250k on my other car.  I would use the $10k to pay on the loan.  Then I would work on paying the rest of the loan off over the next two years (about $5,000).  At the same time I would be saving up the money for a down payment for my next car.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)