| ▲ | o11c 2 hours ago | |||||||||||||
Let's say a gallon of gas costs $4 and your car gets 40 MPG. So $1 gets you 10 miles if you only consider gas (which very many people do, even if you think they shouldn't - much maintenance is imagined as time-based, and this is not entirely wrong - cars do decay even if you don't drive them, and insurance only rarely considers your odometer and only coarsely if so). Wear and tear is generally assumed to be roughly equal to gas costs on well-maintained roads, depending on a lot of varying assumptions of what to include. So, 5 miles. | ||||||||||||||
| ▲ | piva00 2 hours ago | parent [-] | |||||||||||||
Adding depreciation, recurring costs such as insurance, parking, perhaps even opportunity cost from capital allocated in a depreciating asset. It starts to not look that cheap. | ||||||||||||||
| ||||||||||||||