• hanekam@lemmy.world
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    1 year ago

    I did the math, and where I live the money saved from getting rid of a second car can service around $100000 worth of mortgage.

    Considerably more if the car is new, used very frequently, or both

    • Turkey_Titty_city@kbin.social
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      1 year ago

      What car? That number makes zero sense unless you’re talking about a high cost, high maintenance luxury car.

      I’ve had a car for 7 years. It cost me about 25K with financing, and costs me about $1300/yr to own between, gas, maintenance and insurance and, taxes. It’s also current worth 15K.