How much does it really cost to own and drive a car as your primary mode of transportation? Are the costs of driving an electric car competitive with driving an internal combustion engine powered vehicle, once you factor in all the different expenses? Regardless of what you drive, the costs go far beyond just what you use in gas or electricity every day.

Gas prices are grabbing the headlines in 2022, but the costs of insurance, maintenance, and licensing and registration are significant too. This video will look at the true cost of driving, and how people misunderstand those costs when they're making the decision to drive on a daytoday basis, or decisions on housing location or vehicle replacement on a macro time scale.

Other CityNerd Videos referenced:
Mexico CityQueretaro High Speed Rail Race:    • High Speed Rail vs. Car vs Bus vs Air...  
TorontoMontreal High Speed Rail Race:    • High Speed Rail vs. Air vs. Car: Cana...  
DallasHouston High Speed Rail Race:    • High Speed Rail vs. Air vs. Car: Texa...  
Los AngelesSan Francisco High Speed Rail Race:    • High Speed Rail vs. Air: California E...  
Portland Bike vs Bus vs Car Race:    • Bike vs. Bus vs. Car in Portland! How...  

Resources:
US Bureau of Labor Statistics Consumer Expenditure Survey
https://www.bls.gov/cex/home.htm
NYC Vision Zero View https://vzv.nyc/
Externalities of Driving graphic from https://twitter.com/jonathan_maus/sta...
"Average Car Payment | Loan Statistics 2022" by Jenn Jones for Lending Tree, available at https://www.lendingtree.com/auto/debt...
Edmunds.com depreciation infographic https://www.edmunds.com/carbuying/ho...
"Car Insurance Calculator: Estimate the Cost of Car Insurance for You" by Mandy Sleight for MoneyGeek, available at https://www.moneygeek.com/insurance/a...
"EVs Offer Big Savings Over Traditional GasPowered Cars" by Benjamin Preston for Consumer Reports, available at https://www.consumerreports.org/hybri...
"How Much Should I Spend on a Car?" by Kat Tretina for Investopedia, available at https://www.investopedia.com/howmuch...

Image Credits:
Atlanta traffic for title Video by citiflix from Pixabay
LA traffic Video by Ronald Brown from Pixabay
Shell gas prices CC BYSA 3.0 us, https://commons.wikimedia.org/w/index...
Montreal traffic videos Video by German Korb: https://www.pexels.com/video/footage...
Suburban sprawl By David Shankbone Own work, CC BYSA 3.0, https://commons.wikimedia.org/w/index...
LA Traffic Video by RODNAE Productions: https://www.pexels.com/video/dronefo...
Honda Dealership By Bassetts Honda https://www.honda.wales, CC BYSA 4.0, https://commons.wikimedia.org/w/index...
Jiffy Lube By Ildar Sagdejev (Specious) Own work, CC BYSA 4.0, https://commons.wikimedia.org/w/index...
Elephant car wash By Joe Mabel, CC BYSA 3.0, https://commons.wikimedia.org/w/index...
Les Schwab AttributionNonCommercial 2.0 Generic (CC BYNC 2.0)
https://www.flickr.com/photos/heyskin..."
Gas station Video by German Korb: https://www.pexels.com/video/eyeleve...
Police flashers Video by Kindel Media: https://www.pexels.com/video/videoof...
Thumbnail (GMC Sierra) By Kevauto Own work, CC BYSA 4.0, https://commons.wikimedia.org/w/index...

Music:
CityNerd background: Caipirinha in Hawaii by Carmen María and Edu Espinal (YouTube music library)

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