| Comment | It entirely depends on the utility value of the other 5% of the time.
I tried for a few years to do as you say - cycling within the city, public transport for commuting to work, car club for weekends and hire cars for holidays, but the simple fact is it was overall cheaper to own a (cheap, shitty) car outright than to bear all the above ongoing expenses, and about 100 times more convenient for facilitating my outdoors lifestyle.
I'd love for it to be otherwise, but you just can't beat the fundamental utility value of having something you can just jump into and go. Yes, if I needed to economise then the car is probably the first thing I'd ditch, it's absolutely a luxury rather than a necessity, but while I can afford to run one I definitely will because it facilitates everything I want to do in my free time. |
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