Naked_Duc
Member
It's always more economical to continue driving your old car when it's fully depreciated/paid for. Whether you are an accountant or not, you can basically write off a car after 7 to 10 years. So if you are still driving it after that, it's basically for free.
Whenever people want to justify the cost of getting into riding, they usually compare the initial cost of getting into riding (purchase of bike, gears, insurance, etc) vs. just continue driving what they have. That's not really a good comparison, IMO. Unless your current ride is a Hummer2, your old car is going come out ahead.
I recently went thru a dilemma, which is a better comparison of car vs. bike. We were a 2-car family. Both my wife and I work so we need 2 cars to get around. I used to be a more fair weather rider, due to the bike that I owned. I just didn't feel comfortable riding in the rain and winter/cold. Plus I didn't want to put that many miles on the bike (Ducati). Then recently, our 2nd car (mine car) started to have issues one after another. Granted, it's a 94 Altima with 240K that my wife bought new while she was in college. It had been a great car for us over the years. So when the car started to die, I was faced with a choice:
Do we buy a new car ($25-30K) or get a commuter bike (<$10K).
It was a no brainer for me. I bought the NCX and never looked back.
Whenever people want to justify the cost of getting into riding, they usually compare the initial cost of getting into riding (purchase of bike, gears, insurance, etc) vs. just continue driving what they have. That's not really a good comparison, IMO. Unless your current ride is a Hummer2, your old car is going come out ahead.
I recently went thru a dilemma, which is a better comparison of car vs. bike. We were a 2-car family. Both my wife and I work so we need 2 cars to get around. I used to be a more fair weather rider, due to the bike that I owned. I just didn't feel comfortable riding in the rain and winter/cold. Plus I didn't want to put that many miles on the bike (Ducati). Then recently, our 2nd car (mine car) started to have issues one after another. Granted, it's a 94 Altima with 240K that my wife bought new while she was in college. It had been a great car for us over the years. So when the car started to die, I was faced with a choice:
Do we buy a new car ($25-30K) or get a commuter bike (<$10K).
It was a no brainer for me. I bought the NCX and never looked back.