Originally Posted by WJS

These are not trifling costs. Drivers are hemhorraging money. The federal Bureau of Labor Statistics calculated that in 2006 vehicles sucked down nearly 17 cents of every family dollar.

Maybe it's time for smart families to consider some really tough choices.

Life without a car may seem inconceivable. They are useful and can be fun. In most parts of America, you really can't survive without one. And they've been hammered into the culture and the national psyche.

But a lot of things are happening these days that nobody expected. Rules are changing. People need to make every dollar count.

Trading down to the cheapest car possible is one move. Dumping one vehicle from a two-car household is tougher to do, but offers real savings. Moving into a city with a downtown, and getting rid of your cars completely, can save you even more. When you factor in the savings, city real estate might actually work out in your favor.