What's your insurance cost? Most people probably pay at least $500 per year for insurance. But the majority of a car's cost is depreciation, which of course wi

What's your insurance cost? Most people probably pay at least $500 per year for insurance. But the majority of a car's cost is depreciation, which of course will quickly take your estimates up by 2-3x if you buy a new car. (Which, even though it's such an atrociously bad economic decision, a surprising lot of people seem to do.)