Originally Posted by
cyclist5
How I wish I could be car free. It'd be an initial investment of moving 5-10mi closer to the places I work/school. But my car is about $10000/year. Average in $400/mo payment. $100/mo insurance/maintenance. $200/mo gas. And a $2000/yr depreciation.
I think there's some kind of accounting principle that says you can't count both the monthly payment and the depreciation. (You can count both the interest payments and depreciation, I believe.)
Originally Posted by
cyclist5
But I do love my car. Even if I never drove it I can't stand to think of not owning my little Element
So if you keep the car only because you like the way it looks, does that means it stops being transportation and becomes art? If so, you might be better off selling the car and buying a painting or a sculpture that you really like.
