The discussion about the costs of car travel are interesting -particularly in light of some of the topics circulating recently about how the private car is a terrible model.
It's not so much that the cost of a car is so cheap - cars do cost us significant chunks of income - it's the fact that the value (or cost/benefit, if you want to get technical) is so high.
Time is precious to everyone with a busy life. Cars save time, above and beyond their cost to maintain. Even if you are stuck in traffic and can't believe you are wasting your time, you're still saving time compared to the guy who had to wait for a bus, hail a cab or organise a rideshare and is still stuck in traffic.
Show me someone who doesn't need/want a car, and I'll show you someone who either has billions/trillions worth of infrastructure at their door, or someone who doesn't value their time highly.
Anyway, thanks for sharing. The decision to close down before the cash ran out is certainly brave and should be encouraged. Posting the lessons learned is even better.
It's not so much that the cost of a car is so cheap - cars do cost us significant chunks of income - it's the fact that the value (or cost/benefit, if you want to get technical) is so high.
Time is precious to everyone with a busy life. Cars save time, above and beyond their cost to maintain. Even if you are stuck in traffic and can't believe you are wasting your time, you're still saving time compared to the guy who had to wait for a bus, hail a cab or organise a rideshare and is still stuck in traffic.
Show me someone who doesn't need/want a car, and I'll show you someone who either has billions/trillions worth of infrastructure at their door, or someone who doesn't value their time highly.
Anyway, thanks for sharing. The decision to close down before the cash ran out is certainly brave and should be encouraged. Posting the lessons learned is even better.