3 ms·

So, less than minimum wage when the time for the big repairs comes. Clutch / transmission / brakes / struts. Perhaps batteries if you’re in a hybrid. And let’s

So, less than minimum wage when the time for the big repairs comes. Clutch / transmission / brakes / struts. Perhaps batteries if you’re in a hybrid. And let’s not forget that accident, not your fault of course, that is much more likely with the increased mileage. And don’t forget to factor in that underinsured driver who hits you.

prepend 9y ago
“12 cents/mile in extra wear and tear.” Your scenarios are all built into my cost model. And since I don’t realize the depreciation until I sell the car or fix a clutch/battery/whatever so far it’s just piled into a saving account getting ready. $10 could be less than minimum wage in a few areas, but for most of the country, and my area it’s a few bucks higher.