Parking, toll roads, tabs, gasoline, insurance, interest payments, maintenance, depreciation will all happily run up to that amount for a new car, and to $6,000

Parking, toll roads, tabs, gasoline, insurance, interest payments, maintenance, depreciation will all happily run up to that amount for a new car, and to $6,000 for an old car. The IRS mileage deductible rate is 65 cents/mile, and it's pretty close to operational cost of a vehicle. Parking and tolls and 10,000 miles a year will easily get you to these numbers. Some call this freedom, but I call this a financial millstone around your neck. ----- (Not to mention the mountains of public[1] and private money that get spent on automobile infrastructure, parking offsets, etc, etc.) [1] Most of which comes from the general tax fund...