Comment Re:Math? (Score 1) 586
Your math is off...you forgot to include the $1000 (or so) that the older vehicle would cost to purchase.
A standard 4 door sedan only seats 5. 30 years ago it was 6 but we've moved to smaller cars. In order to get a 6 seater these days you have spend more money.
Not only that, many people only have room to park 2 vehicles (apartment and condo dwellers). Adding a 3rd vehicle isn't practical. Maybe you can buy an extra parking space for $1600 a year (correcting your math above). Maybe not.