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A comment on Lidar Is a Crutch. Parent comment
If you live in the city:
- Cost of Ubering to/from work could be about $3.50 per trip, or about $1,750 per year.
- TCO of car ownership (based on this tool[1]) is $878 per month, and with $125/month for parking (a lowball), you get $12,036 per year.
If you live in the suburbs:
- Uber estimate one way from Phoenixville to downtown Philadelphia is $43.41 with Uber Pool. That's $21,705 per year.
So if you live in the city, owning a car would cost you 6.87x more money. But if you live in the suburbs, Uber would cost you nearly double that.
[1] https://www.nerdwallet.com/blog/loans/total-cost-owning-car/
(Keep in mind if you already paid off your car, your yearly TCO is still $4,260 per year, or 2.43x more than using Uber if living in the city)
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If you live in the city:
- Cost of Ubering to/from work could be about $3.50 per trip, or about $1,750 per year.
- TCO of car ownership (based on this tool[1]) is $878 per month, and with $125/month for parking (a lowball), you get $12,036 per year.
If you live in the suburbs:
- Uber estimate one way from Phoenixville to downtown Philadelphia is $43.41 with Uber Pool. That's $21,705 per year.
So if you live in the city, owning a car would cost you 6.87x more money. But if you live in the suburbs, Uber would cost you nearly double that.
[1] https://www.nerdwallet.com/blog/loans/total-cost-owning-car/
(Keep in mind if you already paid off your car, your yearly TCO is still $4,260 per year, or 2.43x more than using Uber if living in the city)