Re:D.C. free bus bill becomes law as zero-fare transit syste...
by arcticbull on Tuesday January 31, 2023 @02:19AM
(#34592268)
Used cars cost roughly what new cars cost still, interest rates are higher than ever - insurance, gas, maintenance, car payments, parking, tickets, tolls, registration, license, etc, etc, it adds up really fast. Since it's so diffuse people aren't as sensitive. Not to mention with a used car w/o warranty you're on the hook for the whole cost if something goes wrong.
Of course there will be outliers, but owning a car is a massive money sinkhole and a disproportionate burden on the poor.
The average car insurance payment alone is $136 (and significantly more for those with 'bad credit' - i.e. the poor). The average monthly transit pass in the US is $83. [1, 2]
Of course there will be outliers, but owning a car is a massive money sinkhole and a disproportionate burden on the poor.
The average car insurance payment alone is $136 (and significantly more for those with 'bad credit' - i.e. the poor). The average monthly transit pass in the US is $83. [1, 2]
[1] https://www.statista.com/statistics/990891/us-average-monthl...
[2] https://www.nerdwallet.com/article/insurance/how-much-is-car...