Comments on: The Simple Dollar Morning Roundup: Tax Day Edition http://www.thesimpledollar.com/2007/04/17/the-simple-dollar-morning-roundup-tax-day-edition/ Financial talk for the rest of us Sat, 16 Feb 2013 01:14:45 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: The Digerati Life http://www.thesimpledollar.com/2007/04/17/the-simple-dollar-morning-roundup-tax-day-edition/#comment-18895 The Digerati Life Tue, 17 Apr 2007 19:35:58 +0000 http://www.thesimpledollar.com/2007/04/17/the-simple-dollar-morning-roundup-tax-day-edition/#comment-18895 I didn’t realize that when I forked out $22K for my van that I would potentially end up spending around the same amount to cover the life of this vehicle. I knew I had to pay for maintenance and repair, but didn’t think it would amount to 100% of the car’s actual cost! Amazing. Thanks for the mention!

]]> By: guinness416 http://www.thesimpledollar.com/2007/04/17/the-simple-dollar-morning-roundup-tax-day-edition/#comment-18857 guinness416 Tue, 17 Apr 2007 16:31:57 +0000 http://www.thesimpledollar.com/2007/04/17/the-simple-dollar-morning-roundup-tax-day-edition/#comment-18857 Here’s another link looking at the cost of car ownership. Scary.

I’m 30 and have never owned a car. I consider this to have been a decently large factor in my savings rate over the years. Add in the daily human contact on the subway, and the fact that I support local businesses instead of big box stores, and I consider it priceless! Many of my fellow-urbanite friends use the zipcar/carshare companies (when they need to pick up a large item etc), and consider them good options too.

]]> By: David http://www.thesimpledollar.com/2007/04/17/the-simple-dollar-morning-roundup-tax-day-edition/#comment-18837 David Tue, 17 Apr 2007 14:13:05 +0000 http://www.thesimpledollar.com/2007/04/17/the-simple-dollar-morning-roundup-tax-day-edition/#comment-18837 That car costs article is a great example of how doing your own maintenance can save a ton… and (for me at ) provide a fun hobby. If you look at his prileastce sheet, $1322, or 65% (!) of the cost is labor. Sure there’s the cost of buying tools and such, but for the cost of this repair he could have bought more than enough stuff to do it and come out ahead probably immediately. Then he would have a big zero in the tool expenses column for his next project. Sure time is a big factor, but a shadetree mechanic such as myself could probably have done all that in a full weekend, or spread it out over a couple saturday afternoons, and as I don’t make $1300 a day I’d consider it totally worth it.

]]>