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Old 02-11-2013, 08:55 AM
 
Location: Hong Kong
1,329 posts, read 1,103,998 times
Reputation: 217

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Quote:
Originally Posted by Katiana View Post
Those figures are based on financing a car at G*d knows what %, and keeping a car no more than a few years for starts.
Okay.
But apparently, that is what "the average person" does, however illogical it may be.
No wonder the country may be headed towards bankruptcy

 
Old 02-11-2013, 09:05 AM
 
Location: Cincinnati near
2,628 posts, read 4,299,015 times
Reputation: 6119
I must be amazingly efficient. I operate 2 cars and 3 motorcycles on less than half of what the average person spends on a car.

It does make sense, though, as a car is just transportation for me. The people that spend 10K+ a year on their vehicles probably need to use them for work as well to haul tools, machinery, or other people around. For them, though, their livelihood depends on the vehicle so they can't just give it up.
 
Old 02-11-2013, 09:11 AM
 
Location: Foot of the Rockies
90,297 posts, read 120,759,995 times
Reputation: 35920
Quote:
Originally Posted by Geologic View Post
Okay.
But apparently, that is what "the average person" does, however illogical it may be.
No wonder the country may be headed towards bankruptcy
I don't know that that's so "apparent". I know a lot of people who do not finance their cars, keep them more than 5 years, etc. The people who do these numbers take a list of "assumptions" and go from there.
 
Old 02-11-2013, 09:52 AM
 
Location: Hong Kong
1,329 posts, read 1,103,998 times
Reputation: 217
I have heard that figure from other sources as well.
So it seems credible to me

Whatever the actual figure in 2012, it is a big amount -
And it may be worthwhile for many to move somewhere, where they can ditch their cars
 
Old 02-11-2013, 10:14 AM
 
Location: Hong Kong
1,329 posts, read 1,103,998 times
Reputation: 217
Shooting the messenger -
From one of the SC threads, where we were discussing a highway needing repair.

Quote:
Originally Posted by NDL View Post
I think your opinion would be different, if you regularly traveled this segment of roadway
Sure.
But the reason that the neglect is happening is because of tight finances.
Chuck Marohn explains it well, and it is worth listening to his podcast.
I am sorry to say, but Marohn thinks that problems of poor road maintenance are simply going to get worse and worse. It is yet another reason to seek ways of getting less dependent on cars.

This trend will be hard to fight IMHO. But I suppose the habit here is to shoot the messenger, rather than listening to the message !
== ==

Here's a link to the podcast that I mention above:

Quote:
Originally Posted by Geologic View Post
As for the Cross-subsidies, that non-drivers (like me) make to the Car-dependent, Chuck Marohn talks about this in his latest Strong Towns podcast:

MP3-Highways : http://www.strongtowns.org/storage/p...3_highways.mp3

Basically, highways are VERY expensive to maintain, and most states are not getting anything like enough money to cover the costs from gasoline taxes. (For instance, North Carolina will need an extra $22 Billion over the next 30 years to fund its highway-related costs*, says Marohn.) So the shortfalls from gasoline tax are now getting funded through new bond issues, and through the state sales tax. If ALL of the costs of maintaining the highways were put into gasoline taxes, then the price of gasoline would go up by $2-3 per gallon.

This is tolerated politically because so many people drive, and the car-dependent are able to use the political process down the throats of the Carfree - although this is patently unfair. The problem now is that highway maintenance costs are rising much faster than revenues from the gasoline tax, and so it is getting harder and harder to fund these costs through cross subsidies.
 
Old 02-11-2013, 10:21 AM
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Location: Western Massachusetts
45,983 posts, read 53,485,386 times
Reputation: 15184
Did people see my earlier post on whether those numbers are for average cost per car or per household? It'd be nice to see the original source rather than from a news commentary. It's frustratingly easier to find the latter from internet searches.
 
Old 02-11-2013, 10:27 AM
 
Location: Foot of the Rockies
90,297 posts, read 120,759,995 times
Reputation: 35920
Quote:
Originally Posted by Geologic View Post
I have heard that figure from other sources as well.
So it seems credible to me

Whatever the actual figure in 2012, it is a big amount -
And it may be worthwhile for many to move somewhere, where they can ditch their cars
What figure?
 
Old 02-11-2013, 11:54 AM
 
11,411 posts, read 7,806,429 times
Reputation: 21923
Quote:
Originally Posted by Geologic View Post
I have heard that figure from other sources as well.
So it seems credible to me

Whatever the actual figure in 2012, it is a big amount -
And it may be worthwhile for many to move somewhere, where they can ditch their cars
How does that make economic sense? Every large metro in the US, where it's possible to live car free, has a very high cost of living. The difference in rent or a mortgage payment alone would likely wipe out any savings from living car free. And when taxes are added in, the net effect for many would be even more costly. In addition, there are many "soft" costs that some associate with a large metro that make living there even less appealing.

If people want to live in a large metro because they enjoy the city, then they should. If people do not, then they shouldn't. It's not up to me (or you) to determine how others should live based on their method of transportation.
 
Old 02-11-2013, 12:07 PM
 
28,115 posts, read 63,672,505 times
Reputation: 23268
I own a lot of cars... all bought right second hand and with the exception of the one new car I have ever bought... every car I have sold was for more than I paid.

Last count I have over 20 insured and the policy for those is less than $1500 total... they range from my oldest collector car built in 1905 to my 1968 Mustang.

Just about everyone realizes just about every car faces significant depreciation the first few years...

Buy good used and take depreciation off the table.
 
Old 02-11-2013, 01:33 PM
 
Location: The Port City is rising.
8,868 posts, read 12,562,134 times
Reputation: 2604
Quote:
Originally Posted by nei View Post
Did people see my earlier post on whether those numbers are for average cost per car or per household? It'd be nice to see the original source rather than from a news commentary. It's frustratingly easier to find the latter from internet searches.

if its from the BLS household expenditures survey, I would imagine its per household.
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