Boston to New York: The True Cost of Driving
It is no secret that I love to drive. It may sound insane to many but I actually enjoy my 30-minute morning commute to work. For me it’s a privileged time when I’m alone, comfortable and can catch-up on podcasts and audio books. Anyhow this post isn’t about that, it’s about the true cost of road trips.
I have flown, taken the train, taken the bus and driven to New York many times. No surprise there: driving is my favorite because it’s the mode of transport that provides the most freedom. So what does it really cost to drive from Boston to New York and back?
Let’s assume you own an average German car that’s worth $25,000 and has 15,000 miles. It doesn’t matter what brand or what options it has. We know that when it reaches 30,000 miles it will be worth $20,000 (Edmunds). That’s essentially a depreciation of 30 cents per mile. I know it’s not linear but let’s assume it is...
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