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My neighbor Arlene ran the numbers on her 2014 Corolla and it scared me straight about car ownership
She showed me a notebook where she tracked every oil change, tire, and repair since 2019, and it came to $412 a month just to keep an 11 year old car on the road. Now I'm second guessing whether my paid off car is actually saving me anything, so does anyone here track their real cost per mile?
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ray18913d ago
Tracking the real cost per mile is smart, add up every expense for the year and divide by miles driven. A paid off car usually still wins, but a notebook like Arlene's is the only way to know for sure.
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