Good morning Loves. I don’t actually have a car, I used to but I sold it and that was the best financial decision I ever made. I bought a brand new Honda Civic in 2007 and I sold it three years later with less than 30,000 miles on it. All that to say I didn’t use the car a lot; not only that but I didn’t need it.
Car payments are very expensive
BF and I live downtown in a big city and we bought the car for the sole reason that we didn’t have one. We quickly learned that the benefit of the car wasn’t worth the $800 cost. Yes you read that right. With the car payment, and insurance costs along with the gas and parking expenses we were paying $800 a month for our car. I admit it was nice to have when we wanted to take a weekend road trip to Boston, New York or Toronto but the overall benefits weren’t worth the monthly expense.
You can take the less convenient route
Some days I miss my car; I miss it when I have to walk home in the rain, I miss it when I need to get somewhere really quickly and walking there is going to take me more time than I’m actually going to spend at the destination and I really miss the car when I have a lot of groceries to carry. Although the convenience of having a car is nice, I just can’t justify the costs and other headaches that come with the car.
There’s a cheaper option
I liked having the car over the last two weeks because we needed it for a specific purpose, it was super convenient to drive around town and the neighboring suburbs going to Target, Wal-Mart and grocery shopping. The entire two week car rental only cost us $360 plus $140 in gas and $30 in parking; that’s a lot less than the $800 we were paying when we had the Honda.
Think about the environment
I’m a very impatient person and there’s nothing I hate more than wasting time. I don’t like sitting in a traffic jam with the car running or sitting at a red light waiting for my turn to turn left. Not only is it a waste of time but it’s also a waste of gas and it’s incredibly bad for the environment. As I sit in a car with the engine running, not moving I can’t help but think about all the pollution I’m sending out into the air as well as all the money I’m wasting on gas.
It’s OK if you need it for a specific purpose
Don’t make the same mistake I did and buy a car just because you don’t have one and think you should. With our move October 1st BF and I rented a car for two weeks. Our new apartment is a lot bigger than our previous living space so we knew we’d have to run a lot of errands to run such as groceries, furniture and household supplies. It was really nice to have a car over the last two weeks but at the same time I was happy to return it Sunday night.
Photo from Flickr