4 ms·

You also have to factor in gas, renting a parking space for the car at home AND at work, taxes, insurance, convenience, etc. It's one of those things like renti

You also have to factor in gas, renting a parking space for the car at home AND at work, taxes, insurance, convenience, etc. It's one of those things like renting. Yeah, in the long run, purely financially, buying would probably be cheaper, but a lot more factors go into it in real life that doesn't make it as black and white. For me, not owning a car is still much better overall, currently. Also, as I mentioned in another comment, it's just rides to work in the morning. I take public transportation home after work.

deleted 7y ago
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BeetleB 7y ago
I'll bite. I keep track of all my numbers. For the 86 months I had my last car, I paid an average of $236/mo. This includes purchase price (subtracting out the amount I sold it for). Insurance. Taxes/fees. Gas. Auto insurance. Repairs and maintenance. Silly things like car washes. Of course, I didn't buy a brand new car, or even a recent car. And bought a reliable brand so repairs were low. My insurance was not just liability. All apartments I lived in had parking, as did my work. The types of apartments that have expensive parking are the type that have high rents anyway, so I save in both by not living there. Excluded is the gas for road trips, but I think that's fair as I doubt you used Lyft/Uber for road trips. So for less than what you're paying a month, I got to have a car, and got to drive anywhere I wanted to - not just work.
- matchbok 7y ago
  I think most people would gladly pay a bit more to not have to deal with the annoyance of owning a vehicle. Parking in most cities is pain. Driving to restaurants or bars is a no-go with your own vehicle. The flexibility you lose with having to own a car is simply not worth it.
  - kcanini 7y ago
    Counterpoint: I think most people would gladly pay a bit more to not have to deal with the annoyance of only being able to use strangers' cars, of variable cleanliness, only after waiting several minutes for them to show up, and not being able to store anything in them during multi-stop trips.
    - badestrand 7y ago
      In Germany a few big car companies start with an interesting middle ground, a "car as a service" where you pay monthly, can always switch to a different one or give it back for some time, they also handle repairs, tire changes and everything else that might pop up. It's quite affordable starting at ~$350/mo, so I am curious to see how people will accept it.
  - BeetleB 7y ago
    >Parking in most cities is pain. Driving to restaurants or bars is a no-go with your own vehicle. I'm not sure whether you're referring to driving under the influence or merely about parking. If the latter: In most cities in the US, these are mostly non-issues. So I disagree with your use of "most". Although I've used Lyft in the last few years for various reasons, only once did I use it because I was worried about not finding parking. For other occasions, I used public transit. But seriously - probably less than once a year do I need to find alternate transportation because I'm worried about parking. (BTW, I forgot to add parking to the above estimate. I spent on average $6.03 a month on it).
  - whenchamenia 7y ago
    I find a car to give more flexability than it takes. Its simple to pickup friends, do errands, with no scheduling or waiting. This doubtlessly depends on your area. Most people here assume everyone is in urban california fauxtopia.
- bluetidepro 7y ago
  That may work fine for where you live, but that doesn't apply in my case. It's over $400/month alone for both parking in my apartment building, and getting a space to park near my work (both downtown Chicago). And 90% of the places I go to outside of work, don't have free easy parking, so I'd be paying a ton for parking since there isn't convenient free parking lots like suburbs have. So parking costs alone makes it unrealistic for me and not as cheap as in your case.

deleted 7y ago

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BeetleB 7y ago

I'll bite. I keep track of all my numbers. For the 86 months I had my last car, I paid an average of $236/mo. This includes purchase price (subtracting out the amount I sold it for). Insurance. Taxes/fees. Gas. Auto insurance. Repairs and maintenance. Silly things like car washes. Of course, I didn't buy a brand new car, or even a recent car. And bought a reliable brand so repairs were low. My insurance was not just liability. All apartments I lived in had parking, as did my work. The types of apartments that have expensive parking are the type that have high rents anyway, so I save in both by not living there. Excluded is the gas for road trips, but I think that's fair as I doubt you used Lyft/Uber for road trips. So for less than what you're paying a month, I got to have a car, and got to drive anywhere I wanted to - not just work.

matchbok 7y ago
I think most people would gladly pay a bit more to not have to deal with the annoyance of owning a vehicle. Parking in most cities is pain. Driving to restaurants or bars is a no-go with your own vehicle. The flexibility you lose with having to own a car is simply not worth it.
- kcanini 7y ago
  Counterpoint: I think most people would gladly pay a bit more to not have to deal with the annoyance of only being able to use strangers' cars, of variable cleanliness, only after waiting several minutes for them to show up, and not being able to store anything in them during multi-stop trips.
  - badestrand 7y ago
    In Germany a few big car companies start with an interesting middle ground, a "car as a service" where you pay monthly, can always switch to a different one or give it back for some time, they also handle repairs, tire changes and everything else that might pop up. It's quite affordable starting at ~$350/mo, so I am curious to see how people will accept it.
- BeetleB 7y ago
  >Parking in most cities is pain. Driving to restaurants or bars is a no-go with your own vehicle. I'm not sure whether you're referring to driving under the influence or merely about parking. If the latter: In most cities in the US, these are mostly non-issues. So I disagree with your use of "most". Although I've used Lyft in the last few years for various reasons, only once did I use it because I was worried about not finding parking. For other occasions, I used public transit. But seriously - probably less than once a year do I need to find alternate transportation because I'm worried about parking. (BTW, I forgot to add parking to the above estimate. I spent on average $6.03 a month on it).
- whenchamenia 7y ago
  I find a car to give more flexability than it takes. Its simple to pickup friends, do errands, with no scheduling or waiting. This doubtlessly depends on your area. Most people here assume everyone is in urban california fauxtopia.
bluetidepro 7y ago
That may work fine for where you live, but that doesn't apply in my case. It's over $400/month alone for both parking in my apartment building, and getting a space to park near my work (both downtown Chicago). And 90% of the places I go to outside of work, don't have free easy parking, so I'd be paying a ton for parking since there isn't convenient free parking lots like suburbs have. So parking costs alone makes it unrealistic for me and not as cheap as in your case.