3 ms·
Since we've already accounted for all housing and car payments (btw, your car ownership costs are way too high as a lower bound. I would say an decent $10k car
by opportune 8y ago
Since we've already accounted for all housing and car payments (btw, your car ownership costs are way too high as a lower bound. I would say an decent $10k car you hold on to for 5 years at a time would have total annual costs closer to $5/year) that doesn't sound bad at all
- defen 8y agoI was using the numbers here: https://www.nerdwallet.com/blog/loans/total-cost-owning-car/ https://www.nerdwallet.com/blog/loans/total-cost-owning-car/ but you could certainly get it down a bit if you don't mind driving an older car.
- opportune 8y ago15k miles a year is also a lot of miles. I probably drive less than 5k.
- CamelCaseName 8y agoWell, if you're commuting two hours a day, you'll certainly be driving quite a few miles. I drive around 40,000km (~25,000 miles) and that's around a 2 hour round trip commute.
- defen 8y agoBerkeley -> Mountain View is 50 miles one way (25,000 per year) Berkeley -> San Mateo is 35 miles one way (17,500 per year) Berkeley -> San Francisco is 15 miles one way - 7500 per year (at an average speed of 20 mph) If you can use BART or CalTrain to get to work then you can get those numbers way down, but it's not an option for everyone.