While car prices dip lower and gradually come back down to pre-pandemic levels, more Americans are still feeling the financial pinch from car ownership — because of insurance.
I don’t drive, and because traveling is always a direct cost to me ($20 Uber each way to the mall just to watch a movie hurts), I’m not convinced when my friends tell me how much money I’m saving. But with stuff like this, maybe I am actually saving money…
Average annual cost of car ownership is something like $12000 depending on how you calculate it. That is enough money for you to take one of those $40 round trip Ubers to the mall almost every day, and any of those style trips you can replace with transit or active transportation is even more money in your pocket, if you can swing it with your locale (don’t want to assume)
I don’t drive, and because traveling is always a direct cost to me ($20 Uber each way to the mall just to watch a movie hurts), I’m not convinced when my friends tell me how much money I’m saving. But with stuff like this, maybe I am actually saving money…
Average annual cost of car ownership is something like $12000 depending on how you calculate it. That is enough money for you to take one of those $40 round trip Ubers to the mall almost every day, and any of those style trips you can replace with transit or active transportation is even more money in your pocket, if you can swing it with your locale (don’t want to assume)