> Does that include depreciation? Even if you own the car outright, it seems to me that a proper cost accounting should include the cost of eventual replacement

> Does that include depreciation? Even if you own the car outright, it seems to me that a proper cost accounting should include the cost of eventual replacement of the car. I did a similar calculation and found it cost me ~$2k, and this includes depreciation, car insurance, opportunity cost (funds would be invested @ ~8% return if they weren't locked in a car - this accounted for ~40% of the cost), registration, regular repairs, and depreciation. If you have to pay for parking and tickets, this math changes pretty dramatically.