My parents own a car, so I know what its like to live in a place with one. Doesn't feel substantially different from what I've got now. As the other comment said, there's a very well developed transport network where I am, including public cars. You could say not every place is like this, but I chose to live here in lieu of a place where this lifestyle isn't possible.
I lived in the DC metro for two years without a car, before purchasing this one, and having lived both ways, I personally strongly prefer having a car. Without one, I had to structure my life around not having a car. Going to the computer store (Microcenter) to pick up a new video card on a whim was something that would take the bulk of the day without a car (two or three metro lines depending on route). If the store half a mile from my house didn't have something, I had to either plan a trip on a bus to another one (and what if that one didn't, either? So I spent a lot of time trying to figure out in advance online if they did), or just go without. I don't much like shopping for groceries, but I got to do it three or four times a week anyway, because I couldn't carry enough 2L bottles to last longer than a few days, etc... without a car, a lot of my life was concerned with inventory and transportation, in a way that I don't even think about with a car, since I can pop out to any kind of store and be back in 20 minutes.
Apple store and protein powder describe the two items I can't get within this 5 minute radius. And transit is $4.80 round trip with a pass and takes me anywhere in town quickly. Metro gets you anywhere, so no planning or routes required. Taxi downtown is $12-$15 if for some reason I'm in a rush.
Note that this not really true of countries with good transportation networks. Granted that the U.S. doesn't have one, but that's exactly one of the things people want to fix....
You could buy a ten-year-old used car every year, plus insurance, for $2,000 or less [1] (assuming insurance is mostly the same as in the US). When it breaks down, buy a new one and sell the old one for parts or junk.
Owning a car provides courses of action you wouldn't consider without it. There's an extra level of planning involved if you have to try to find a car first, or take a train or airplane; if you have a car, the first step to any medium-length trip is to jump in the car, rather than to try to work out the logistics of how you'd get there.
[1] http://montreal.en.craigslist.ca/search/cta?query=&zoomToPos...