@straphanger And car ownership is getting more expensive
“even as overall inflation’s been falling, auto insurance and maintenance costs have gone through the roof”
"since 2020, the overall cost is up 38%, while the consumer price index is up only 21%”
"A lot of cars were wrecked from flooding and fires (aka #climatechange). Cars are more expensive to repair because of electronics”
“Automobiles aren’t a particularly good asset” https://www.marketplace.org/2024/10/30/dollars-dont-go-far-for-car-owners-report-finds/