Insurance costs more than gas
Where I live, insurance costs as much as the vehicle. Who cares about the cost of gas when I get one car for the cost of two!
Purchase financing = $250/mth
Insurance = $250/mth
Gasoline = $150/mth
Maintenance = $20/mth
-----------------------
Total = $670/mth
Forget it! I'll take the bus & subway ($90/mth). If I'm desperate I'll rent.
