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318 | 100 Ways to Get 1% Better

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The High Cost of Car Ownership

The cost of car ownership is a big factor in reaching financial independence. In all likelihood, the better one % better isa buying a use car and holding that car for 15 years. And we actually said in that episode it was almost three quarters of a million dollars over forty five years - 700. That's one decision on your car. Imagine when you start doing multiple of these, you know, somewhat substantial decisions,. You're literally talking multiple millions of dollars over your lifetime just for decisions that you are not going to feel at all.

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