Flipping a depreciating asset is like watching a large ship heading toward an iceberg without any hope of steering clear.
One thing that strikes me odd.
A couple of million in assets, lives at home, no money to buy cash.
Oh wait, let's do some math
Just under $100k CANADIAN) gross and saves 75%
So like, hmmm $50k us?
Has no cash for dp
Since when did 1+1=5?
I would say, keep driving your s5, this summer, next summer, every summer until you have your own home, buy your own food, and earn more the car costs per year.