How the Costs of Car Ownership Add Up

[Amorymeltzer]

https://www.nytimes.com/interactive/2023/10/07/business/car-ownership-costs.html

[Danjoe4]

http://web.archive.org/web/20231015182256/https://www.nytime...

[pasttense01]

Some of us have quite low car ownership costs by buying old junkers (for cash--no monthly payments) and only liability insurance coverage.

[moaf → pasttense01]

Buying an older, well maintained Honda or Toyota is the way to go. Accomplishes the task for a fraction of the price of a new vehicle.

[bryanlarsen]

"the average used-car loan at origination has reached 123 percent of the vehicle’s market value"