Cost of a car
December 15, 2009 1:51 PM Subscribe
How do I calculate if getting a car is worth it?
posted by josher71 to Work & Money (6 answers total) 7 users marked this as a favorite
Moving from NYC, I haven't had a car in many years. However, now that I'm in Baltimore it seems that many jobs are out in places where you need a car to reach. Having never, bought, leased, cared for, or had anything to do with a car ever in my life, how much money should I expect this to cost me yearly if I go the lowest cost route possible? Currently, I've got about 200 dollars a month to put towards anything car related.
I'm trying to figure out when comparing salaries what makes sense. For example I might only be able to find a job that pays 30k in the city, but there is job for 35k somewhere I could drive to. However, having a car costs 7k a year so I'd actually be losing money taking the job.