Skipping the Second Car

Skip the Second Car to Save Money

Excerpt:

As financial blog 20 Something Finance points out, getting rid of your second car can save you thousands of dollars. Moreover, if you live close to work or if your schedules can accommodate it, you can skip the second vehicle with minimal inconvenience to your daily schedule. ... The author estimates (very roughly) that skipping the second car can save a few thousand dollars per year, assuming that the amount of driving doesn't change at all.

Comment: Our 2nd car is a 2002 Chevy S-10. It's 13 years old and has $ 25,000 miles on it. We average under 2,000 miles per year. Our objective is to sell it in 2 years and have just one vehicle. I'm not sure about saving us thousands a year, but I would guess it will save us about $ 1,200 per year.