Google FoodandAuto: The Cost of Car Ownership

Tuesday, September 4, 2012

The Cost of Car Ownership

Cars are expensive, that's for sure. But what exactly are we paying for? If you look at car depreciation values, they're terrible. Terrrrible. When I say you have to be rich to buy a new car, I don't mean, duh, $25,000 is a lot of money. I mean, you have to be rich enough to just throw dollar bills out the window rich. Because that is essentially what is happening with a new car. Drive a new car off the lot, you just lost hundreds to thousands of dollars. Good on ya, mate.
When everything else is factored in, cars are downright expensive. I think the infographic has it right with the bills coming out of the exhaust pipe. An SUV probably would have been a better fit though...