Owning a good car is a joy and they are pretty useful. And they are needed by people and businesses for a variety of tasks like transferring goods, deliveries, and moving families. In some countries, houses and shops are far away and it's impossible to go without a car. But we have reached a saturation point where endless usage of cars has resulted in various negative effects in our society. Today, it's not necessary for residents of several places to own a car because there are affordable alternatives. Here are a bunch of reasons why you may not need to own a car.
Cars are Costly - Owning a good and reliable car is a big expense. You have to pay for fuel, parking, repairs, servicing, and high insurance payments. It is more economical to rent a car by the hour or take a taxi for your travel needs.
Owning a Car is Inefficient - A car is an inefficient and depreciating asset. Most personal cars in the world are parked most of the time. The question you should ask is - why should you own a car that costs hundreds of dollars a month only to spend it 90% of its lifetime sitting outside your house?
This story is from the March 2022 edition of Self Improvement International.
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This story is from the March 2022 edition of Self Improvement International.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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