Run through all the numbers I ran through. The only number you're adjust is financing - which is a big number, but my financing number was based on $28K. Financ

Run through all the numbers I ran through. The only number you're adjust is financing - which is a big number, but my financing number was based on $28K. Financing $20K drops you to $600, which is still expensive. Get much cheaper than $20K and you're starting to drive up your maintenance costs while you drive down your financing costs. Those maintenance costs come with several other ancillary costs (aggravation, paying for transportation while car is being serviced, missing work, etc.) As I responded in other comments, my calculation didn't even take into account for parking, registration, and vehicle emissions testing costs. Young people are looking at the delta to their monthly expense outlay for getting a car and it's quite considerable.