The average car ownership cost is probably not very relevant for the type of car... | Hacker News

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		adrianN on Sept 19, 2018 \| parent \| context \| favorite \| on: Life in the Spanish city that banned cars The average car ownership cost is probably not very relevant for the type of cars that people on minimum wage drive.

bobthepanda on Sept 19, 2018 [–]

Generally lower purchase cost, but higher maintenance. And older cars generally have poorer mileage.

This is of course, also assuming that they didn't get a subprime auto loan to get that car in the first place. Subprime auto defaults are increasing: https://www.bloomberg.com/news/articles/2018-02-02/never-min...

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