Do you want to do the math? Monthly average cost of owning a car:
- car loan payment $300 ($0 if you paid in full)
- car insurance $300 ($150 if you are driver with 35 years of no accidents experience)
- parking $150 ($0 if you own a house
- oil change, winter tires, car wash, xm radio - priceless, but we can say at least $100 a month.
- gas. if you drive a thousand kilometers a month (I know someone who does 3000kms a year) - $100
Total: $950 (or $350 if you are lucky).
What can you get for that money from Zipcar?
$950 would give you 9 to11 full days of driving, including gas for 1800-2200 kms. Plus 10 hours of night diving for fun (1 hr x10times or 2hr x 5 times). Comes with benefits: No parking fee. No car wash. No cleaning. No oil change. No hassle. No bullsh!t. And no long term commitment.
Totally I spent in 2011 a little bit less than $2500, and I use the car all the time I needed it. For the money I saved I moved out from the basement apartment to a wonderful condo building. I did my math.
Solution? Retire the car. And Retire the huge insurance bill. Use zipcar - it pays .
Get $25 of driving credit right now:
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