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Old 05-10-11, 10:20 AM
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Newspaperguy
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There's obviously a money saving aspect of going car-free. If the $10,000 figure includes car payments of $400 to $500 a month, then it would be very close to the reality. For those of us who spend a lot less on used cars and then drive them lightly, the cost of a car can go down considerably. My license and insurance costs, maintenance, depreciation and fuel costs work out to less than 30 per cent of that amount. But then, I've been known to go more than three months on a tank of gas. Driving that little means I need less fuel and as a result less servicing than my neighbour who fills up twice a week. And if I keep my car in good condition, it will last me many years before I need to replace it. By that time, my circumstances could change and I could be in a position where I no longer need a car.
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