Comments on: Getting Rid Of My Car Would Save Us About $700 Per Month. http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/ A place to discuss money...for the rest of us. Sun, 08 Nov 2009 11:35:12 -0500 hourly 1 By: david http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-2844 david Mon, 09 Apr 2007 16:21:27 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-2844 It was just the monthly cost, but we solved part of it by selling my wifes car...and now we only have 1 car to pay for. Yippee! It was just the monthly cost, but we solved part of it by selling my wifes car…and now we only have 1 car to pay for. Yippee!

]]> By: Lisa http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-2670 Lisa Sat, 07 Apr 2007 02:35:13 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-2670 Is the $700 your car payment of your true cost to own? If you go to Edmunds.com and scroll down to true cost to own, you will find the true cost to own for each year and make of vehicle. It includes depreciation, repairs, maintenance, insurance, interest, etc in your zip code. Its amazing what it costs to own a car each year. In the book by Chris Balish, How to Live Well Without Owning a Car, he recommends you have a plan with 3 back-up ways to get around, ex. taking wife to work and using her car, car rental, motorcycle, scooter, flexcar, taxi. etc for those dr or business meetings. He includes stories from all over the country including LA of people successfully going without a car. Is the $700 your car payment of your true cost to own? If you go to Edmunds.com and scroll down to true cost to own, you will find the true cost to own for each year and make of vehicle. It includes depreciation, repairs, maintenance, insurance, interest, etc in your zip code. Its amazing what it costs to own a car each year. In the book by Chris Balish, How to Live Well Without Owning a Car, he recommends you have a plan with 3 back-up ways to get around, ex. taking wife to work and using her car, car rental, motorcycle, scooter, flexcar, taxi. etc for those dr or business meetings. He includes stories from all over the country including LA of people successfully going without a car.

]]> By: My Two Dollars - A place to discuss money..for the rest of us. » Selling One Car This Weekend, Keeping The Mini. http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-1811 My Two Dollars - A place to discuss money..for the rest of us. » Selling One Car This Weekend, Keeping The Mini. Fri, 16 Mar 2007 16:43:26 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-1811 [...] One Car This Weekend, Keeping The Mini. By david So we have made a decision. In reference to previous posts about getting rid of one of our cars, we have decided to sell my wife’s car and keep my Mini [...] [...] One Car This Weekend, Keeping The Mini. By david So we have made a decision. In reference to previous posts about getting rid of one of our cars, we have decided to sell my wife’s car and keep my Mini [...]

]]> By: My Two Dollars - A place to discuss money..for the rest of us. » Possible Solution To Getting Rid Of My Car Dilemma. http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-1330 My Two Dollars - A place to discuss money..for the rest of us. » Possible Solution To Getting Rid Of My Car Dilemma. Tue, 20 Feb 2007 17:57:45 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-1330 [...] think we have found the solution to the getting rid of my car [...] [...] think we have found the solution to the getting rid of my car [...]

]]> By: Why The Extra Cost Of A Hybrid Is Worth It. | My Two Dollars http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-1134 Why The Extra Cost Of A Hybrid Is Worth It. | My Two Dollars Tue, 13 Feb 2007 21:46:14 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-1134 [...] Granted, buying a new car is a very big and expensive purchase. As I have mentioned before, we are in the process of trying to get rid of one car because of the expense. Of course, the best thing to do when buying a car is to buy a slightly used late model car that is fuel efficient. But if you are set on buying a new car, and you have given some thought to looking at a hybrid, be sure to take more into account then the extra few grand you pay to have the hybrid version. Not only will you save money on gas, but you will also be helping to clean the air at the same time. [...] [...] Granted, buying a new car is a very big and expensive purchase. As I have mentioned before, we are in the process of trying to get rid of one car because of the expense. Of course, the best thing to do when buying a car is to buy a slightly used late model car that is fuel efficient. But if you are set on buying a new car, and you have given some thought to looking at a hybrid, be sure to take more into account then the extra few grand you pay to have the hybrid version. Not only will you save money on gas, but you will also be helping to clean the air at the same time. [...]

]]> By: david http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-1046 david Fri, 09 Feb 2007 07:42:50 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-1046 Thanks Tim. I already switched it to being a leisure vehicle, which cut $70+ dollars off our insurance bill every month, which was nice. Now its just trying to get around without depending on it! Thanks Tim. I already switched it to being a leisure vehicle, which cut $70+ dollars off our insurance bill every month, which was nice. Now its just trying to get around without depending on it!

]]> By: Tim http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-1038 Tim Thu, 08 Feb 2007 21:41:29 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-1038 when my wife started working from home, we got rid of our second car. i would either bike or commute and sometimes used the our sole car to get to work quickly. But it is something that you have to analyze. for us, we didn't find not having two cars an issue. you might, for the time being, insure it as a leisure vehicle, to reduce your insurance premiums. our sole car is insured as a leisure veh, because my wife doesn't use it for work, and I bike or public transit to work. when my wife started working from home, we got rid of our second car. i would either bike or commute and sometimes used the our sole car to get to work quickly. But it is something that you have to analyze. for us, we didn’t find not having two cars an issue.

you might, for the time being, insure it as a leisure vehicle, to reduce your insurance premiums. our sole car is insured as a leisure veh, because my wife doesn’t use it for work, and I bike or public transit to work.

]]> By: david http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-1034 david Thu, 08 Feb 2007 18:32:34 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-1034 Thanks Leo...I am trying to be without it before getting rid of it for real. I have had to use it a few times lately, but I need to find a way to get around not having one. Still in the process of figuring it all out. Glad to know that you make it work with 6 kids, I guess I should be able to make it work with 1 wife and no kids! Thanks Leo…I am trying to be without it before getting rid of it for real. I have had to use it a few times lately, but I need to find a way to get around not having one. Still in the process of figuring it all out. Glad to know that you make it work with 6 kids, I guess I should be able to make it work with 1 wife and no kids!

]]> By: Leo http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-1024 Leo Thu, 08 Feb 2007 05:53:11 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-1024 Good post, David ... my wife and I only have one car. She's a stay-at-home mom right now, taking care of our babies, but she usually drops me to work or I carpool with my mom, who lives near me and works near me. Lately I've been trying to commute by bike, and I think it could be a good option once I'm used to riding a bike every day. Having one car hasn't hurt us at all. We also have six kids, so we have to plan things out a bit, but it's not that difficult. Good luck and let us know what you decide. Good post, David … my wife and I only have one car. She’s a stay-at-home mom right now, taking care of our babies, but she usually drops me to work or I carpool with my mom, who lives near me and works near me. Lately I’ve been trying to commute by bike, and I think it could be a good option once I’m used to riding a bike every day.

Having one car hasn’t hurt us at all. We also have six kids, so we have to plan things out a bit, but it’s not that difficult.

Good luck and let us know what you decide.

]]> By: david http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/comment-page-1/#comment-929 david Fri, 02 Feb 2007 22:41:33 +0000 http://www.mytwodollars.com/2007/01/23/getting-rid-of-my-car-would-save-us-about-700-per-month/#comment-929 Thanks for the comment Serena. I know I will be working from home for a while because that is where I do my work for my employer from, and it is where I do my freelance work. So even if my employer disappeared, I would just pick up extra freelance work. We are planning on having kids, but my wife is going to stay home with them (and me) so we will still only need 1 car. And when they go to school, she is a preschool teacher and she will go back to work with the kid, and even then it hopefully will be in the neighborhood. So we really think we can make it work, but its such a weird feeling to think about not having a car! Thanks for the comment Serena. I know I will be working from home for a while because that is where I do my work for my employer from, and it is where I do my freelance work. So even if my employer disappeared, I would just pick up extra freelance work. We are planning on having kids, but my wife is going to stay home with them (and me) so we will still only need 1 car. And when they go to school, she is a preschool teacher and she will go back to work with the kid, and even then it hopefully will be in the neighborhood. So we really think we can make it work, but its such a weird feeling to think about not having a car!

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