Wall Street Journal: Escape Your Car
The Wall Street Journal has an article about the possible money savings from not having a car.
In 2007, the most recent year that numbers are available, the American Automobile Association figured its members paid about $7,800 a year on average to own and maintain their cars. That figure dropped to about $6,200 for small-car owners.
Y’know, with $6200-$7800 extra dollars a year, you could pay about $500 more than you currently pay per month for rent or mortgage and still come out ahead, making living near public transportation and shops and theaters and grocery stores and work and car-sharing (basically, a place with a good walk score) maybe seem a little more possible, no? :D [Commute by Bike]
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