If you don't buy BMW M3, then Uber won't save you 700/month. Figures look viable only because Vehicle expenses were $11,783 per year. ~The 2008 BMW M3 was depreciating in resale value $8,333 per year. ~
Sure, but now he has someone drive him around (another type of luxury). It's comparing two luxury experiences. Of course driving a beater or riding a bike would be even cheaper.
As a point of reference, I drive a 2009 Kia Optima and average $1800 per year all-in expenses. This is with no car payment (it's paid off), only liability insurance, normal maintenance (including occasional large expenses), and ~10,000 miles a year driven. To add a car payment might be another $2000-$5000 a year.
Exactly. I don't know the use of comparing a European GT car with a badge tax versus riding in the back of someone's accord. A more useful comparison would be to use the model of the average Uber driver
