> My Highlander was about $50K all in. Let's say I keep it for 10 years, that's $5 per year right there. Not really, the car doesn't evaporate on year 10. On a

> My Highlander was about $50K all in. Let's say I keep it for 10 years, that's $5 per year right there. Not really, the car doesn't evaporate on year 10. On a quick search I see 2013 Highlanders (you didn't mention a year but those are 10 years old now) selling from ~14K to ~20K. So looks like you'd get about a third of the purchase cost back when you sell it. That's a 50K car though. If you like to spend on that, great. But it doesn't mean that owning a car has to cost that much. People who like to minimize car costs (like me) will buy a 5-8K used car and drive it forever, bringing the annualized cost down to just a few hundred dollars. > I can easily get to $10K for one car Certainly. Or 100K, or even more. I know someone who spends well over a million dollars a year in cars! The sky is the limit. But nobody needs to do that. If all one needs is a car for transportation, it can be had for under 1K a year.