innsertnamehere
Superstar
a 3 year old honda civic for $15,000 will probably last you about 10 years with maybe $5k maximum in maintenance provided you do your own oil changes. $20k capital, or about $170 a month. $150 insurance, $50-$100 in gas depending on driving habits. Total: $370/month.
Of course experience varies. In my situation, if I wanted to purchase the car above and drive it to work daily, It would cost me far, far more. $250 insurance as I am a male in my mid 20's (clean record), $160 parking at my apartment, $140 parking at my office building (I could cheat and buy weekly on street visitor parking permits for around $110 a month). Total cost: $770/month. So instead I bike to work and occasionally take the streetcar on a rainy day. Cost: around $12 a month.
Of course experience varies. In my situation, if I wanted to purchase the car above and drive it to work daily, It would cost me far, far more. $250 insurance as I am a male in my mid 20's (clean record), $160 parking at my apartment, $140 parking at my office building (I could cheat and buy weekly on street visitor parking permits for around $110 a month). Total cost: $770/month. So instead I bike to work and occasionally take the streetcar on a rainy day. Cost: around $12 a month.