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You can buy a used car that gets 30 mpg city for $7,000. Even with a loan, that's closer to $200/month at today's (rather high) rates, not $500-600/month. Insu
by Aloisius 1y ago
You can buy a used car that gets 30 mpg city for $7,000. Even with a loan, that's closer to $200/month at today's (rather high) rates, not $500-600/month.
Insurance on that will be on the order of $60/month for an adult safe driver, not $200/month.
Driving from say, Jersey City to the East Village and back every day is going to use about 10 gallons of gas per month @ $3.20/gallon that's $32/month, not $200/month.
Parking is bad though it depends on how long you park for, but that's because that has also been jacked up to only allow the wealthy to drive.
So yeah, $180/month extra would in fact be a lot.