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Your car payment is fixed, but you are likely to need to replace the car X months/years sooner if you put miles on it more rapidly. So the question isn't whethe
by jbattle 9y ago
Your car payment is fixed, but you are likely to need to replace the car X months/years sooner if you put miles on it more rapidly. So the question isn't whether you need to spend extra on your current car because of Uber, its whether you'll need to spend more on future cars (i.e. buy one sooner)
- prepend 9y agoThat’s the 12 cents per mile in depreciation. This is maintenance, warranty costs, earlier wear out, etc. So far this hasn’t resulted in any real costs, just depreciation from the miles so it’s getting saved away for exactly my next car. It’s odd how many people I have to go through this math with. I guess people can’t break out the different expenses. Again, cars vary so if you have a high cost car rather than Prius it will be harder. It can theoretically be less than minimum wage, but even so. There’s no minimum wage that lets me work between 0-20 hours a week and take off as many days as I want, whenever I want. That’s why it’s cool for part time. But using it as your primary income is much different. But I’d rather do it than work retail.