>>1106978Not necessarily.
I live in San Diego.
So we have 0 public transportation it's not an option.
2013: paid $26,432 cash for my car (I had the option to finance it at 1.8% over 5 years I figured cash was cheaper)
Since I went through the loop holes of paying cash, i did not have to buy full coverage insurance.
It's about $2500 for a single 28 year old male on wawanesa auto coverage a year.
I have the option of dipping into my savings account to cancel my insurance and hand the dmv $35,000
https://www.dmv.ca.gov/portal/dmv/detail/pubs/brochures/fast_facts/ffvr18But I need to talk to my lawyer first. Since that opens me up to being sued directly in a accident with death involved.
Initial registration and tax to transfer the pink slip to myself (because the bank or Honda no longer holds it since I just paid out right for my vehicle) was around $3000
The registration sticker for my car costs me $256 a year.
I had to Smog check my car $65 since it's now old.
And I had to replace the pads and rotors for my car once $886
I have to do oil.changes on it 4 times a year $40 each time.
I buy a.new air filter every other oil change $35 a year
I had to buy new tires $1200. After.labor and disposal fee.
I would kill to have a PASMO type of system in America where all I do is scan my card and not worry