My Hooptie: Kate's Cost Comparison*

Why Kate no longer needs to buy a second car

*your mileage may vary

Should I buy a second car? According to my numbers, the answer is no. Sharing one car with my son was no easy feat until we joined Car2Go this past summer. Since then, I've used the service anywhere between 66 and 160 minutes a month, at a cost of about $23-56. I could use it that much every week and still not spend what I would if I bought that second car – even a cheap one. Here's a breakdown comparing my Car2Go expenditures to the costs of ownership at both ends of a hypothetical price range (my old hooptie vs. a late-model one).

Weekly Cost

1991 Mazda ($1,000 cash) $59.61

2007 Dodge ($10,000 financed)  $110.38

Car2Go (40 minutes/week) $14.67

Note: Estimated ownership costs include purchase price, maintenance, gas and oil, insurance (for a single driver), registration, parking, and related fees. Car2Go costs 35 cents a minute, plus a $35 registration fee. (Hour- and daylong rentals are discounted; the per-minute price increases to 45 cents after 150 miles in one trip.) Weekly costs decrease after one year for the Mazda (to $40.38) and after four years for the Dodge (to $59.61).

A note to readers: Bold and uncensored, The Austin Chronicle has been Austin’s independent news source for almost 40 years, expressing the community’s political and environmental concerns and supporting its active cultural scene. Now more than ever, we need your support to continue supplying Austin with independent, free press. If real news is important to you, please consider making a donation of $5, $10 or whatever you can afford, to help keep our journalism on stands.

Support the Chronicle  

READ MORE
More Car2Go
Benz2Go
Benz2Go
Car2Go to offer short-term Mercedes rentals

Richard Whittaker, Feb. 3, 2017

Making Car Ownership Obsolete
Making Car Ownership Obsolete
Zipcar, Car2Go: Our mission is to sell zero cars

Richard Whittaker, Aug. 19, 2016

More by Kate X Messer
The Gay Place: It's Aliiive!
It's Aliiive!
You can't keep a Gay Place down; just ask Sarah Marloff

Jan. 20, 2016

Gay Place: I'm Not Gonna Miss You
Gay Place: I'm Not Gonna Miss You
K(X) THX BYE

Jan. 15, 2016

KEYWORDS FOR THIS STORY

Car2Go, car-sharing

MORE IN THE ARCHIVES
NEWSLETTERS
One click gets you all the newsletters listed below

Breaking news, arts coverage, and daily events

Can't keep up with happenings around town? We can help.

Austin's queerest news and events

New recipes and food news delivered Mondays

All questions answered (satisfaction not guaranteed)

Information is power. Support the free press, so we can support Austin.   Support the Chronicle