3 ms·
The cost of car ownership in this article is inflated by almost 200%. It accounts payments / depreciation + interest + registration as $5,561 yearly for a mid s
by RealGeek 12y ago
The cost of car ownership in this article is inflated by almost 200%. It accounts payments / depreciation + interest + registration as $5,561 yearly for a mid sized sedan.
I've leased two mid-size sedans for $200/mo and $300/mo including interest, all taxes, dmv / title / registration fees. So, I am paying $2,400 / year for one car, and $3,600 /year for another, compared to $5,561 represented in the article.