Recently watched [this video](https://www.youtube.com/watch?v=ztHZj6QNlkM) which puts a significant chunk of the cost of owning the vehicle into depreciation. Wouldn’t the loss in value of the vehicle only matter to me if I bought this car with the intent to sell it in the future? I *could* drive the car until the engine block falls apart and it becomes basically unsellable.
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All of what was said is true, but the bottom line there is no free lunch. I used to buy junk cars and run them into the ground, and then started to look at the true cost of the vehicle. The purchase price, the maintenance price insurance that all of this stuff whatever and divided it by the months I had it it realized I could have bought something new for the same price. Or you could just lease if you’re going to really take care of it. But all of this cannot be avoided and gives you a basic threshold number that you have to assign to your life for the cost of getting around. There’s no way around it.
This is the greatest indictment of American society. If you don’t have a car and you’re not willing to spend that 8 to 11,000 minimum a year then you’re fucked. And there are a lot of people that really have a hard time putting this money together. Those are numbers that I came up that kind of reflect what I have spent in my life, but I think they’re pretty realistic and I’m sure a lot of people spend a hell of a lot more per annum. This can probably be increased also with inflation these days. But if you’re elderly, infirmed, handicapped, extremely poor or just don’t want to drive in America you’re fucked. All of that well that could have been better spent for education, better housing so many other better things to spend our roadways and automobiles coming up to mince the countless hours some people devote to sitting in them commuting, another horrible crime against humanity
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