Originally Posted by
prathmann
I'm currently keeping a car in the driveway that isn't used much. Insurance is $240/yr and registration is another $50. So for about $300/yr plus per-mile costs the car is available for those times when alternative means of transport are inconvenient, costly, or not feasible. If that's the majority of your car expense then you must not be doing much driving at all - good job.
My car insurance costs about $700 per year. Average insurance cost in 2006 was around $800 annually according to this site:
http://www.iii.org/media/facts/statsbyissue/auto/
You must have a really good car insurance plan. I think for most people the cost of the car payment and insurance would be the majority of the cost of keeping a car. How much do you save on just gas and maintenance?