Quote:
Originally Posted by LivingAlmostLarge
I was thinking if we sold one car, we'd save $200/month. Is this worth it? We would also pocket $3k.
I wonder if it's worth it? Basically we're paying for the conveince of have two cars $200/month. Actually it's likely $150, because insurance wouldn't go down by half because of 2 drivers on 1 car isn't that much cheaper. In MA, insurance is regulated by the state and it's not car based but driver based. It's a horrible system.
So is it worth selling to save $150/month? Have you considered what your car costs you?
|
We consider this every year, since we have two paid for cars and last year only drove 1585.4 miles between them (down from 1907.2 miles in 2006).
The only reason we keep both vehicles is because we have 3 dogs, 8 goats and a cow, and every year we've had a veterinary emergency of some sort. We can't take the chance of not having a back-up vehicle in case of a dead battery on one or a vet emergency when one vehicle is at the mechanic's.
If is was just us and no animals I'd get rid of the second vehicle. The amount we'd save each year would easily buy several cab rides to town or an emergency amubulance trip if needed.
Too bad there's no option like that for when you've got a goat with a broken leg!
Lynda