Giving up my car for a month.
Two weeks ago my car shut off at 10pm while visiting Houston. My key got locked into the ignition and I couldn’t turn anything on. Luckily, we have AAA and they came out and jumped my car without any issue. I was promptly told my battery is very old and its time to replace. No big deal. That is only $80, right? Sure, if it were only $80 that would be fine. But that is $80 on top of the $1500 worth of work my car needs. I immediately called my husband and told him “I want to get rid of my car!”
My 2005 Chevy Cobalt has been a great little car, but it is nearing its end. Kelly Bluebook values my car between $1400 and $2400. So clearly it is not worth the repairs. But I am also not ready to get a new car yet. Mostly, I don’t want the added monthly payment. Right now, we are a two car family with zero car payments. So, to me, the only options seems to be, get rid of the car! (Maybe a little dramatic, but I do that sometimes)
To see if we can actually live with one car, we are pretending my car doesn't exist. It is parked in our garage, and for 30 days, I will not drive it (only if absolutely necessary). And over those 30 days I will be keeping track of the amount of money spent and saved. At the end of the day, that is what I am most interested in. I will also keep track of any other benefits that will come with it, like reducing my environmental impact and health benefits of walkings or biking, though this was not my first intention (secondary benefits of saving money by going green).
Let the experiment begin!