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One can easily buy a car for $30k that will operate for 200k miles/10 years with no problem. That is $0.15 per mile, add $0.45 per mile for insurance/fuel/maintenance/savings to buy new car.

$0.60 per mile is $6k per year at 10k miles per year, which is a decent amount of driving. $9k per year at 15k miles per year.

However, you can usually get more than 200k miles/10 years out of a car, so those costs above are very high end costs. Unless you opt for luxuries, I think annual car spend can easily be brought down to $6k, or $500 per month. Even less if you opt for liability only insurance, and live in a place that does not require you to drive 10k miles per year.



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