Good afternoon,

Fairly new to the business world here. Currently own and host a car across two separate car sharing platforms in Australia. Since being able to open up availability on this car, revenue has gone up by around 200% and is now making some significant gains. At the moment, the revenue made from this one cash flow source hasn't provided enough capital needed to purchase a car outright.

Due to the current popularity of the car sharing market in the area, and the higher demand, considering purchasing a second hand car between $10k-$15k on a 3-5 year fixed interest rate loan. The current business model runs at 200% profitability, if the cars usability only sits at 40%.

- Is this a wise choice, or am I shooting my foot by generating a second cash flow source whilst getting myself in debt?

- What are the best options out there?

Any feedback, help, suggestion would be highly appreciated.