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I guess in a nutshell, the best way to have the lowest cost of ownership is to be able to work on the car yourself.
That saves $$ in two ways, (1) you save on the maintenance costs, and (2) it allows you to drive older, depreciated cars affordably.
I've saved literally $100K+ by doing this, compared to most of my colleagues. They almost all lease cars, at around $900-$1200/month. So, for them, a 3 year lease is close to $40K. In 10 years, that's over $120K in lease payments. And that's for just one car, the wife usually needs one, too.
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