Originally Posted by
cooker
Owning a bike you rarely use is a lot less of a deal than owning a car you rarely use. Presumably there's some insurance on the car, and annual licensing or registration fees, it probably needs some ongoing maintenance (more than a bike does) and in some, but of course not all cases, you have more equity tied up in it.
Still it is the same question. What one doesn't think someone else needs often has nothing to do with what someone can afford. I have heard the same about owning your own home verses renting. Having an expensive watch when you also have a cell phone. The answer I often think of is, because I can.