I have been reading this book that has made me realize alot about my life and the full cost of my auto.

So today at the mechanic he told me it was going to be 160 dollars to fix this problem with the engine.

Now,i thought about this with respect to my car and its utility in life.

At the moment my principle reason using my car is to deliver pizzas and to get back and forth from school.

from now untill the end of the term i will be able to make about 800 dollars at this job averaging 100 dollars a night a one night per week for 2 months.

Thus my car has an oppurtunity cost of 800 dollars plus 108 when you factor in the value of a bus pass which will be required if i dont use the car.

OK so that is 908 dollars in total then for my car.

however, lets look at this another way

If i dont use my car there are some costs i dont have anymore

1. I save 350 on my next insurance payment

2. I save 180 on parking over 2 months ( 3 dollars a day by 60)

3. I save 40 dollars on oil changes( probably more once you factor in tax)

4. I save 120 dollars on gas ( probably more as i use more due to work, minimum 15 dollars in petrol used when i work that right there is another 120 but i will not include it even though this money does come out of my Work earnings.)

5. i save 80 dollars on my gym membership as i will have to quit my membership at good life as it takes to long walk there and then take the bus home. But this also forces my to use the gym at school which is free

6. that and i save about 150 maybe more by not fixing my car.

what does this total work out to

908 dollars

minus an extra 100 for my bus pass

Thus if i quit driving my car for the next two months and do not work i will only lose 100 dollars!!!!!!!!!!!!!

That and i save an extra 80 hours of time as well as i am not working.

Thus one could figure that when you factor in the costs of my vehcile and associated costs if i keep my car and continue to work

I really am only making 80 cents an hour once you minus all the expenses.

One could make the argument that, what about the extra time that will be used via public transport?

Fair enough from using the system this week it took me on average and extra 12 minutes of time to use my car once you factor walking in from the parking lot.

thus over the course of 2 months that works out to an extra 12 hours of time over 2 months. 12 mins per day over 2 months is 720/ 60 mins per hour equal 12 hours

Lets be generous and even double that figure 24 hours. If we caculate this time in terms of the value of my lost labor time at a generous university student rate of 10 dollars on hour that is still only 240 dollars.

However, the fact that i am not working still saves me 80 hours which at the same rate is equal to 800 dollars and i am not working for the effective pay of 80 cents an hour.

I am reading this book called sustainability and the city and I realized that i dont own my car it owns me. Many of you should ask the same.

From my analysis here i realized that my need for my car to work and transport results in alot more costs then i had realized.

my particular case was tough as i needed my car for my mode of production via delivering pizzas.

However, once i factored in the actual full cost of my automobile including insurance parking, mainteance and the associated change in my life that will result of not having this car

I only lose 100 dollars and i gain 80 hours of labour time.

even if i can only find a job that pays me 2 dollars an hour and i work for the same amount of time i am still ahead 60 dollars.

I am sure that even some of the KW tribers would pay me 2 dollars on hour to do thier dishes for them or scratch thier feet or something

Long live sustainablity and public transit

swilly

So today at the mechanic he told me it was going to be 160 dollars to fix this problem with the engine.

Now,i thought about this with respect to my car and its utility in life.

At the moment my principle reason using my car is to deliver pizzas and to get back and forth from school.

from now untill the end of the term i will be able to make about 800 dollars at this job averaging 100 dollars a night a one night per week for 2 months.

Thus my car has an oppurtunity cost of 800 dollars plus 108 when you factor in the value of a bus pass which will be required if i dont use the car.

OK so that is 908 dollars in total then for my car.

however, lets look at this another way

If i dont use my car there are some costs i dont have anymore

1. I save 350 on my next insurance payment

2. I save 180 on parking over 2 months ( 3 dollars a day by 60)

3. I save 40 dollars on oil changes( probably more once you factor in tax)

4. I save 120 dollars on gas ( probably more as i use more due to work, minimum 15 dollars in petrol used when i work that right there is another 120 but i will not include it even though this money does come out of my Work earnings.)

5. i save 80 dollars on my gym membership as i will have to quit my membership at good life as it takes to long walk there and then take the bus home. But this also forces my to use the gym at school which is free

6. that and i save about 150 maybe more by not fixing my car.

what does this total work out to

908 dollars

minus an extra 100 for my bus pass

Thus if i quit driving my car for the next two months and do not work i will only lose 100 dollars!!!!!!!!!!!!!

That and i save an extra 80 hours of time as well as i am not working.

Thus one could figure that when you factor in the costs of my vehcile and associated costs if i keep my car and continue to work

I really am only making 80 cents an hour once you minus all the expenses.

One could make the argument that, what about the extra time that will be used via public transport?

Fair enough from using the system this week it took me on average and extra 12 minutes of time to use my car once you factor walking in from the parking lot.

thus over the course of 2 months that works out to an extra 12 hours of time over 2 months. 12 mins per day over 2 months is 720/ 60 mins per hour equal 12 hours

Lets be generous and even double that figure 24 hours. If we caculate this time in terms of the value of my lost labor time at a generous university student rate of 10 dollars on hour that is still only 240 dollars.

However, the fact that i am not working still saves me 80 hours which at the same rate is equal to 800 dollars and i am not working for the effective pay of 80 cents an hour.

I am reading this book called sustainability and the city and I realized that i dont own my car it owns me. Many of you should ask the same.

From my analysis here i realized that my need for my car to work and transport results in alot more costs then i had realized.

my particular case was tough as i needed my car for my mode of production via delivering pizzas.

However, once i factored in the actual full cost of my automobile including insurance parking, mainteance and the associated change in my life that will result of not having this car

I only lose 100 dollars and i gain 80 hours of labour time.

even if i can only find a job that pays me 2 dollars an hour and i work for the same amount of time i am still ahead 60 dollars.

I am sure that even some of the KW tribers would pay me 2 dollars on hour to do thier dishes for them or scratch thier feet or something

Long live sustainablity and public transit

swilly

Last edited: Feb 28, 2004