4 ms·
> However, my car payment is fixed You are missing depreciation. Those miles aren't free, in capital cost.
by jhayward 9y ago
> However, my car payment is fixed
You are missing depreciation. Those miles aren't free, in capital cost.
- prepend 9y agoI think my original comment wasn’t clear enough. My car depreciated at 12 cents / mile. This includes depreciation and maintenance. I described it as “wear and tear” but three didn’t people didn’t understand so I need to explain better.