$1,000 a year for DMV or registration? That's crazy! What part of the country are you in? I'm in TX and it's $75.PottedPlant wrote: ↑Fri Mar 15, 2024 2:48 am We bought as new car in November 2022. It replaced a 2007 car.
We drive 2500 miles/year.
Annual costs right now are:
$1000 DMV
$3000 Insurance
$5000 Depreciation (linear $50K over 10 years)
Yes, $3.67/mile is crazy.
But we want the convenience and we had the money for the new car.
Yes, $3.67 per mile is crazy too.
TravelforFun