Sunday, December 14, 2014

Tip 79: Can you eliminate an extra vehicle?

Tip 79: Can you eliminate an extra vehicle?

Owning a vehicle is expensive- you face depreciation of the vehicle, insurance costs, fuel costs, and maintenance costs.  If you can get away with owning fewer vehicles, you can save a lot of money.  In some places, public transportation such as busses or subways makes owning a vehicle less of a necessity.  Even in suburban areas where public transportation is less abundant, you may be able to join a carpool to work and find other ways to get around.  If you have more than one vehicle for your household, you may have an opportunity to sell one and save money.

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