Sunday, April 21, 2024

The All-In Cost of Car Dependency 2022: How Driving Wrecks Your Finances (Without You Noticing)

Despite best efforts, there are simply not yet enough transit-friendly places to satisfy demand. Most Americans cannot easily live without access to a privately-owned car, so it’s worth thinking about how much it really costs to own and drive that car if it is your main way of getting around.

This video looks at the true cost of driving, and how people may misunderstand those costs when considering whether to drive on a day-to-day basis, or when making decisions about their housing location or vehicle replacement.