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Does that math include repairs, gas, insurance, etc? The average monthly cost of owning a car in California is ~$500.

It also sounds like you might be an outlier, the average used car cost is much higher than that[2], let alone new[3]. It's ok to not fall on the average, but it is important to notice when you do.

1: https://www.move.org/app/uploads/2021/02/Average-cost-of-own...

2: https://cdn.thezebra.com/zfront/media/production/images/chea...

3: https://i2.wp.com/financialsamurai.com/wp-content/uploads/20...



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