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Approximate monthly cost of owning a car in the city: Lease or loan: $350 Parking in city: $300 Car insurance: $180 Gas: $120 License/Registration: $42 (~$

Approximate monthly cost of owning a car in the city: Lease or loan: $350 Parking in city: $300 Car insurance: $180 Gas: $120 License/Registration: $42 (~$500 per year) Maintenance: $17 (~$200 per year) If you live in the city and you can afford not driving, please put that extra $1000/month into your brokerage or HYSA

0xffff2 3mo ago
If two Waymo rides per day is covering your driving needs, there's no way you're spending $120/month on gas. Also, car insurance in CA is a huge ripoff, but I still don't pay anywhere near $180/month for very thorough coverage on my ~$40k car. Believable enough otherwise though.
- thebigman433 3mo ago
  What are your policy details and who is your provider for <180$ for "thorough" coverage?
  - 0xffff2 3mo ago
    Comprehensive, collision and 500k liability through USAA, $120/month. Deductibles are as high as they will allow, which is $1k IIRC. I was recently forced to consider a move to Utah. Thankfully I didn't end up moving, but a quote for the exact same coverage in SLC was just $40/month.
    - xnx 3mo ago
      > through USAA, $120/month Good deal, but not available to most.
      - 0xffff2 3mo ago
        I shop around regularly. USAA isn't even remotely the cheapest option, and the handful of experiences I and family members have had suggest that they are just as shitty as any other insurance company when it comes to handling claims. I only stick with them because they are consistently within 20% of the cheapest option and I value having all of my banking and insurance handled in one place.
HDBaseT 3mo ago
If you're tying to budgetmaxx, why are we having a car payment on our total? Gone are the days of $500 dollar drivable shitboxes, although you can easily get cars in the US for under a few grand. Why you'd be penny pinching and taking a loan out is beyond me. You ideally don't want a loan for anything, but some may excuse a home loan...
- ErroneousBosh 3mo ago
  Both of my Range Rovers cost under a grand, combined, although that's in the UK. They cost pennies to tax and insure. They're a bit expensive to run, but they do stuff I can't easily do with something cheap to run like pull 3500kg trailers up mountains.

0xffff2 3mo ago

If two Waymo rides per day is covering your driving needs, there's no way you're spending $120/month on gas. Also, car insurance in CA is a huge ripoff, but I still don't pay anywhere near $180/month for very thorough coverage on my ~$40k car. Believable enough otherwise though.

thebigman433 3mo ago
What are your policy details and who is your provider for <180$ for "thorough" coverage?
- 0xffff2 3mo ago
  Comprehensive, collision and 500k liability through USAA, $120/month. Deductibles are as high as they will allow, which is $1k IIRC. I was recently forced to consider a move to Utah. Thankfully I didn't end up moving, but a quote for the exact same coverage in SLC was just $40/month.
  - xnx 3mo ago
    > through USAA, $120/month Good deal, but not available to most.
    - 0xffff2 3mo ago
      I shop around regularly. USAA isn't even remotely the cheapest option, and the handful of experiences I and family members have had suggest that they are just as shitty as any other insurance company when it comes to handling claims. I only stick with them because they are consistently within 20% of the cheapest option and I value having all of my banking and insurance handled in one place.

HDBaseT 3mo ago

If you're tying to budgetmaxx, why are we having a car payment on our total? Gone are the days of $500 dollar drivable shitboxes, although you can easily get cars in the US for under a few grand. Why you'd be penny pinching and taking a loan out is beyond me. You ideally don't want a loan for anything, but some may excuse a home loan...

ErroneousBosh 3mo ago
Both of my Range Rovers cost under a grand, combined, although that's in the UK. They cost pennies to tax and insure. They're a bit expensive to run, but they do stuff I can't easily do with something cheap to run like pull 3500kg trailers up mountains.