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Old 04-30-2015, 11:01 AM   #21
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We recently sold our second car and only kept the fun but very impractical Mazda Miata. So I signed up for Zipcar for when we need a larger car. We have three Zipcars parked in our building's parking lot. In our case, the math was even more compelling. Between parking, insurance, registration, depreciation, and maintenance, selling the car is going to save us nearly $7K per year. We live in downtown San Francisco. We don't drive much at all, except on the weekends when we go out of town. We should have sold the second car 3 years ago, when we moved here. But we have always had 2 cars and we were reluctant to give up that second vehicle (burb mentality). People's reaction to our decision to sell the car has been one of disbelief. And when we add that we also cut Cable TV, then they really think we are off our rockers. So we must be on the right track. If we did not go out of town so often (nearly every weekend), I would sell the Miata as well. With the subway, Zipcars, taxi cabs, Uber, Lyft, etc... there is no shortage of in-town transportation choices to get around.

By the way, gas and insurance is included when renting a Zipcar.

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Old 04-30-2015, 01:06 PM   #22
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Originally Posted by unno2002 View Post
To maintain potential freedom to drive when necessary, how about selling the $12k car and get a "beater" to use in an emergency?

While the wife and daughter drive "newer" vehicles, my run errand, haul stuff vehicle is a 27+ year old Samurai, with 240k+ miles on it. It looks as worn and tired as I feel, but whenever I turn the key, it starts.

I see the minimal registration and insurance cost as "insurance" that I can get around where and when I need to.
There is a big difference in having a beater that you know the condition and buying one. A guy out here just bought one and he has had nothing but trouble with it.

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Old 04-30-2015, 02:22 PM   #23
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Hey now, I specialize in buying beaters...knock on wood...

FWIW, I have a couple of hard and fast rules: under $3k price, around 100k-120k odometer, and has to be sold by an individual (not a dealer, nor an auction). There is something about looking a guy in the face in his own yard and asking him if there's anything wrong with the car we need to know about. Only a sociopath will lie to you at that point, in my opinion.

But we fix our own, and DH is really very mechanically inclined with such things, so he goes over them pretty thoroughly before making an offer.
“One day your life will flash before your eyes. Make sure it's worth watching.”
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Old 05-01-2015, 02:40 PM   #24
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My costs per year are pretty close to $1k. They are the costs mentioned above. Believe it or not, I only fill up 5-7 times a year, excluding any road trips which have been far and few.
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Old 05-02-2015, 06:51 AM   #25
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Does Zip car cover liability and collision insurance along with the hourly rental cost?
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Old 05-02-2015, 07:12 AM   #26
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What kind of car insurance do you have? I'd have no collision & decide what minimum liability you really need & thus cut the insurance amount. But for <$900/yr, I'd think you'd want it for emergencies vs. spending effort to figure out alternatives.

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