MoneyNing has calculated that paying $200/month on gasoline over a 45 year period totals over a million dollars.
Thats pretty depressing. But by the same train of thought, the $400 car payment you spend to drive a new car every 4 years will work out to be another $2 million over your lifetime. Add in another $200 for insurance and maintenance and thats another million, bringing your grand total to $4 million dollars just to get from one place to another!
I’m buying a bicycle tomorrow!