Trust me it goes either way. If you have a car people will tell you to get a newer one eventually. Then the cycle keeps going. Just invest your money in other things.
I have a few exotic cars.. all of which are worth more now than when bought.. Hardly drive them in this crazy terrorist state.. Having good car service works for me... The warm climate i am looking to go to has mostly scooters & bicycles... Ide like to get back to flight school when settled
It amazes me that people think you’re crazy if you don’t own a car. Since I left the UK and moved to Australia in 2004, I never bought a car. I have saved and invested tens of thousands dollars based on that one decision. I think the most valuable thing nowadays is owning a brand/trademark and building a business that will be an asset that you can sell eventually. Thanks for your great content
I've never owned a car. I have a business now, and I have some interest in a car, but, I'd rather buy another investment instead and use uber or taxis instead lol. I simply live in places where a car is not needed day to day.
Not owning a car is fine but once you hear a straight piped small block chevrolet v8 you want to own one, but you do save tons of money not driving but if your like me sometimes you need to pull something and sometimes you need a truck or a diesel to pull with.
Losing access to driving a car was a personal miracle. I’ve been so much happier without it, I live super close to work! I take rideshares here and there or walk places! My friends have been so kind to just simply offer rides in random situations. I LOVE NOT HAVING A CAR! ❤️
Wow, seems like hell to me. I, as a car enthusiast feel like cars are a staple of my life. Even if I can’t drive, I love car spotting and stuff like that.
Looking forward to car ownership being removed from my life when we ‘leave’. It’s not just the cost, it’s the administration, insurance, maintenance etc etc...
I did also for similar reasons. I designed my life to live comfortably without a car. First. I obtained employment a few block's in the city I live in from my home. I simply walk to work. If I have to go long distance I ride the bus or take a plane. Second. I no longer have to find a place to park. I don't get stopped by police 5 times a year and asked what I'm doing. Or searched or acussed of crimes like when I was in a car everyday. Or get tickets. No insurance payments. Gas. Maintenance. I save allot of money I can now do thing's and have thing's I couldn't afford before. I luv not having a car.
Same here! One of the best decisions I've ever made. And no, I don't live in New York. I simply designed my life around what's important to me rather than what everyone else says is important. I'm less stressed, healthier - all the reasons Andrew said.
I'm a single man with no kids and i live in the city. My work, supermarket, doctor, etc are all within walking distance of my home. If I'm going on a long distance trip, I'll hire a late model car with all the modcons and no chance of a breakdown. If I'm going somewhere reasonably local, then its walking, bike or rail. I feel freer than i ever did when i had a car. The money I've saved by not owning one has gone towards overseas travel, home renovations and new appliances and furnishings. Shopping sprees or a night out at a great restaurant.....no problem. When i sold my car in 2009, i decided to keep my drivers license in case i wanted a weekend away in a hire car......but really i could do without it. I barely use it. If you don't need a car........just don't have one. You'll be amazed at how good and free you'll feel.
No car for me either. Owning a car is another form of state slavery full of regulations and liabilities that end up owning you. Walking and good public transit is good enough usually. When I need a car, then I prefer to taxi or hire car+driver. I rarely rent, too many potential legal liabilities if there’s an accident.
I grew up in rural Ohio where I needed a car. I lived in other places too where a car was necessary. But like you, I wasn't so happy having a car. Like a TV, I could do without. I just needed to live where having a car was not a requirement, so that is what I decided to start doing. I have not owned a car for about 10 years now. I have not missed it. Here in the Philippines, my cost of transportation is under $10 a month.. so I am amused when people think I should own a motorbike. I plan to live here and in Italy. I could see myself having a nice motorcycle in Italy, but not here. I keep a low profile here, mix and mingle with the locals. I believe it is safer and cheaper that way. I find that depending on our unique situation, certain things work better for us that may not work better for others in their unique situation. It is all about making the best decisions for ourselves. Also not having a car almost guarantees one more exercise. I love that!
@@ireneuszpyc6684 I have nothing against cars. Like I said, it depends on what everyone's unique situation is. If someone needs a car, great! If they do not, great. We are not all the same.
@@CruisnChris It's not that great. It's very overcrowded and underbuilt for a city of Toronto's size, with no viable alternates when things go wrong. People pay more to live within walking distance to avoid the subway. At rush hour there are many stops where you wait four or five trains for there to be space to get on. It's soul and body crushing. Downtown apartments sell for over $1000/sq ft ($10,000/m^2) because of the poor transit situation.
Yes I understand living in Toronto is different from visiting. While I am not planning on ever living in Toronto I do enjoying seeing my friends and getting to experience the city. I will admit that I like Montreal better overall.
Many people living here like Montreal better :-) I suppose the best thing about Toronto is that it's very well connected (of airports on the continent, only JFK has more international passengers). It's also one of the most diverse cities in the world, with people from every country. It's not the worst place in the world to live. But it does have the worst commute in North America (average of 96 minutes).
I live half the year in Arizona and refuse to own a car for the same reasons you described. Sure everyone looks at me like I’m KRAZY. But I don’t care. When you work from home and don’t need to travel everyday, why bother with a car when there’s Uber, Lyft, bike shares, and other services available?
Working from home changed everything, I dont really need a car now. And to have it parked outside for days, I prefer just spending that money on Uber when needed.
owning a car is like walking around with a number on your forehead. The best thing for privacy is to turn your GPS off, pay in cash, and live in a place where there is no public video surveillance.
I recently immigrated to America and now live in New York City, and when I visited my cousins in Virginia, I see that people there can't survive without a car. Basically they are at the mercy of their cars. Owning a car used to be freedom to travel anywhere. Now it's endless liabilities, such as monthly payments, maintenance, insurance, taxes, toll fees, gas, and parking. When I do reach financial freedom, I would buy a used Toyota that's 3 years old. At least I get to drive anywhere I want when I need to without worrying about expensive maintenance, repairs, and monthly payments.
As of now my goal is to move to a city where I don't need a car to get around. I'm tired of living in areas where I need a car or rely on people to get somewhere I need to be and back. Don't get me wrong, a car is good to have as a mode of transportation, but it's still a liability no matter how old or new it is. I've met a lot of people that make payments on cars, including myself regretfully. People work at jobs they hate to pay for crap they can't afford just to impress other people they don't like. It's a vicious cycle I don't want to be apart of.
Cars don't have to be so expensive if you like to purchase new cars with a car loan hahaha! Take that out of the equation and you'll eliminate easily 50% of the cost. I've friends who got used cars, do the basic maintainance themselfes and the heavy stuff (transmission oil change etc.) for the workshops. You can easily own a car affordably earning just 20kUSD/year, as with all things that matter in life, if you know what you're doing and what traps to avoid. Regarding Nomad Capitalist's views, well, if I would travel so regularly world-wide, then yeah, I wouldn't keep around costs for things that are not used or seldom used by me.
I bike to and from work 6 miles a day. Tbh I’m glad I don’t have a car. In my mid twenties rather spend that xtra money on other things besides transportation.
@@robertoayala809 Yeah i ride to work and people from work think i dont have a drivers license because they see me on a bike all the time! 1 time i had a pitbull jump in front of me and my bike hit him hard and i got off the bike and used my bike as a shield so the dog wouldnt attack me, i walked backwards slowly into traffic to keep that stupid dog away, finally the dog left me alone! I hate pitbull dogs they are ugly ass pig looking dogs! Of course it was in a bad neighborhood too!
Same. No car anymore. Less worries. Less expenses. Walking is fun, you get a better understanding of the city you are in, and I've gotten a lot fitter too! I do like public transport esp. in modern Asian cities, but tend to avoid it in the US.
I’m a retail rep I’ve been doing this job for about 15 years and I’ve been responsible for at least two states worth So much driving: I literally had to drive from Chester, NY to Buffalo in one day and to Edison NJ by 9 the next morning I can vouch for you on that statement: the maintenance alone is the end of me
I don't own a car any longer after my BMW got flooded during Harvey. I live a mile from work and I been investing the money I would be putting in a car and anyways I plan on living abroad soon.
One of the surprising things about not living in the US (other than the fact that you actually have more freedom even in countries that you think you wouldn't, like Saudi Arabia) is how damn easy it is to get around even though you don't have a car.
I agree 100% with you. I realized a couple of years ago that I have a great public transportation system right in front of my house where I can go anywhere I need to go. So to participate in reducing my ecological footprint, I decided not to renew my car lease and get myself a brand new way of life with a BMW. Bus - Metro - Walk. 😂 Most of the savings I'm able to achieve as a result, go's to invest in crypto currencies and precious metals. Thank you for sharing your story.
Yes, here in Southern California, having a car is unfortunately both a necessity and a status symbol. Every person has at least three cars or something like that. People like to show off their fancy cars. I've found that immigrants especially like to do that to prove that they've made it in this country. Everything is also so huge, far, and spread out in this region, especially in the sprawling suburbs, so not having personal transportation is akin to disability. Public transit sucks around here. In fact, it's like that in most places in the US except NYC. That's partly why I want to move there. So many activities within walking distance. Gas prices are surprisingly somewhat cheaper than here. Gas is so expensive here. Buying a car is just a huge waste of money. It depreciates over time. Other than gas, you have to think about insurance, repair, and maintenance. Even more $$$ to be spent. Not to mention having to contribute to the government slavery system through registration, licensing, etc. Oh, and there are tons of ticket-hungry ($$$-hungry) traffic cops around here. Don't forget about always getting stuck in traffic and the potential for more accidents. My dream/goal is to be a seminomad so I won't have to deal with all this nonsense. ;)
I rather have nice cool looking clothes than having a car! I had 2 cars that got stolen! Always car problems! I ride a bike and no problems and I get front row parking! Lol
I hate cars. I don't want to take care of it. Hate sitting in traffic. I don't even like driving that much. Plan to dump it when i quit work and retire in few years. I can get around with bus/lite rail...
Well, you hit a main nerve with this one! Look at all those comments. I feel the same way about houses. I no longer own a house. Having 'gifted' them to my children. Truly, you don't own a house, it owns you. More so than a car/vehicle. Cars, motorcycles, RV's, boats, airplanes: I own a few of each. It's a hobby for me, so to each his own. If I spent over 200 days a year in hotels, like you do, I would ditch the fleet too.
Yes but a big difference is a house is usually an appreciating asset while a car is always depreciating. If you rent an apartment you can never get that monthly rent back. But if you buy a house you can get that money you spend on a mortgage back when you sell the house. You can't do that with a car.
Unless you have a classic car, they will appreciate, but hard to get a loan on and maintenance cost maybe more than a house and hard to rent out, but you won't lose like a normal car
Fair enough dude, I understand your position and especially because you spend so much time in disparate locations, the regulations involved can be too much. That being said, I personally get a lot of enjoyment from the freedom that having a car gives me and I don't care about the social consequences of driving an inexpensive old beater. Having a car gives me the freedom to spur-of-the-moment drive out somewhere beautiful and be all alone in nature or really to just do whatever I want within a given geographical area, and I can't really imagine living without that.
This is why I hate my driving lessons. (My instructor is horrible) I always knew from the beginning as a kid that driving ain't the easiest thing to do. Even if you want to buy a car you'll have to wait until your salary is good enough to buy your dream car. Not only that maintenance, rent and returning car loans are a lot of things to think about. Why do I wanna own a vehicle that I have to manage and control all the time? Doesn't matter whether it's an auto or manual car I just want to be stress-free. Why not use public transports there are much cheaper.
@@xtc2vthe difference is that you can actually live your life without a car. Not everyone lives in the countryside, and besides, after the pandemic more and more people are working remotely now, and that makes it even easier to live without a car
Those without cars don't live without any transport at all. Trains carry hundreds of thousands of commuters every morning and evening. Why don't they live near their jobs?.... and why should have to I pay taxes to subsidise them? @@codysparks1454
I don't have a car either at the present time for the first time 42 years. the problem in the USA with that is that our country is so big and it makes it difficult for those of us who live in the boonies!
You wrote this 2 yrs ago. How did you get on? I am considering losing my car after the pandemic. I'm in the UK and will probably need it if I get a job far from my own town. But I could wait for a more local job.... Not sure. I just k ow the thing is costing me a lot in repares and insurece etc.
i never bought a car but i have traveled to over 13 different countries on the money i would have spent on the car. Plus if you really want to drive you can always get a license and lease a car or hire someone to drive for you. For me a car would be a hassle because i travel alot.
I lived with only a bicycle for a year and I enjoyed it, especially since i met friends who also biked that I met with on a daily basis. Not having a car was very nice. We would ride 4-5 miles to the store or to go to a sports bar.
I've gone sometimes for years without having a car and instead relied on a bicycle or scooter or just walked. But, I'll admit it: owning a car is very convenient, especially if you have lots of things to do all over the place and if you have children. It's easier to be spontaneous and decide to take a quick trip somewhere or to juggle appointments. I drive a luxury car that is so old now that it's valued at 1 CHF for (wealth) tax purposes. win-win.
I love how he points out that being rich means you're one congressional hearing away from your money getting taxed and taken away. But from what I see here in America, politicians just put hidden taxes on the things we do everyday, we just don't notice it, except for the increase on prices of goods and services.
1) You live in a city? 2) Is there a bus stop in walking distance from your house? 3) Is your workplace accesible by transit? Then you don't need a car. Just use public transport. That one time you visit someone in a transit desert suburb you can take a taxi. That one time you visit someone in the middle of nowhere you can use car share. (Or just ask the person you're visiting to pick you up.) Honestly even if I was billionare I wouldn't stop taking public transit. It is awesome being on a vehicle someone else is driving, with leg room (a lot of of the time you can even get up and walk around) wheezing past others on your dedicated lane. They have to pay insurance, fuel, taxes and repairs. They have to constantly pay attention to the road/street/highway/stroad. They are constrained to a tinny seat. And they are stuck in soul crushing traffic. While sitting there acquiring 12 different mental illnesses; you, who has only paid a few bucks, go past them at speeds they are barred from achieving by the laws of nature and humans.
I live in the metro DC area and am definitely looked at weirdly for not having a car. I am asked regularly and find that people stereotype you. I've had one all of my life and these four years have been so liberating without.
I have owned and not owned a car in the DC area. After a year of maintenance expenses and dealing with the DMV my wife and I are DONE with owning a car in the DC area. We are looking at using electric bikes exclusively!
I own a car. It's paid off but gas runs me about $120-150 a month. Insurance $175 a month and regular maintenance likely another $100 a month. So that's $425 a month total ownership on a paid off regular ole Toyota Camry. I have it mostly because of my son but if it were just me I would be carless.
I was an avid believer a car wasn't important. I had my needs covered. Many of my friends don't even have driver's licenses. Then I got a car. Even if I don't use it often, it was a bit of an an epiphany. It's like a 144Hz monitor- you don't need it. 60Hz is fine. Then you experience a decent car, and suddenly everything seems different. The world becomes more open. You can still use all the great public transportation, but then you can hop in and go on a trip. I enjoy long distance driving, and I never drink, so perhaps that makes it worth it for me. Most US cars are way too big, clunky, and fuel chugging though. I switched countries. You sell off the car or lug it across the ocean along with the rest of your stuff.
I so totally agree. Driving a car in an urban area is STRESSFUL! Driving a luxury car in an urban area is TWICE AS STESSFUL because it is difficult to keep it from getting damaged! Not to mention all the paperwork and bureaucracy and local ordinances you have to dance around and spend time with. Here is the best status symbol ever: BEING HAPPY
Driving a car takes attention and concentration even if you are an experienced driver. My parents always told me when I was learning to drive decades ago "The first rule is pay attention so you do not hit anyone or anything. " You cannot type a message or write with a pen on paper and concentrate on guiding the car at the same time. I totally agree that it is more efficient to have someone else drive the car while you read and respond to emails.
Andrew, I agree with you 1000% !!! Especially with the NOMAD lifestyle. I spent 22 years in the U.S. Military and overseas we hardly ever needed a car. My wife is from the Philippines and the cost comparison of owning versus renting and public transportation in the Philippines is a no brainer. We hire a car and driver most of the time and have met some really fantastic people, "NETWORKING" it's great.
Yes that's the problem. Cars are a environmental disaster but we need our jobs. Its like cars create jobs , that's why we have them Messed up if you think about it..
Cars also help people get to their jobs, and like you said they also create jobs for machanics and companies like AC Delco that mass produce car parts.
I agree completely and have been living in San Juan PR without a car for 4 years. Minimalist lifestyle and investing has been paying off 👍🏼, literally.
If the avg. capital gains on $40k in EM over a couple of years are that big a deal, you probably shouldn't afford a car of that value in first place. $4k Corollas also do the job.
I completely share your views on having a car. As a resident of a midwest city I'm looked down at for not having a car. I have spent a few thousand dollars on having a couple of nice bicycles. This is sometimes met with confusion and ridicule by people who don't understand. I desperately want to accomplish what you have done. I went to Real Estate school, but didn't get my license because the market had collapsed and I didn't have a car. Most employers will not hire anyone without a car. They use code words like "reliable transportation". My city has experienced some growth in the past few years, and there is construction of lots of new condos. I want to find a good Real Estate mentor who can answer questions and help me make a road map of what to do. Thanks.
I absolutely agree with not having a car in Europe...its so nice to walk around and absorb the community and in Serbia Cargo is so cheap its crazy PLUS no parking anyways...so win win...
Lol! I live in southern California and drive an Audi convertible. The lease comes due in February. I'm not replacing it cuz there's no other car out there that I like, and this model's being discontinued. Plus, I have access to three other cars (husband's/son's/mum's) if I REALLY need to drive myself somewhere.
The thing is, most other countries are such that you don't need a car. The US is such that, if you don't live in a big city, you need a car. In the 1950s or so, having a car was no big deal financially. Since then, there's insurance, regulations, gas, etc. so that today owning a car is expensive.
Bottom line: You don’t enjoy cars. You care more about the glasses you wear than you would a car. An automobile is a life accessory, just like the clothing you wear and the apartment you own in another city. Why don’t you just wear jeans and t-shirts every where? The arguments you use don’t gel with reality, unless you don’t like cars. If you want to save money, stay in one place, don’t travel, work from your computer out of a single small apartment in a cheap area of a low cost foreign city. A car can very easily be luxury item, and a fashion accessory, just like a nice watch, good clothing, and an upscale restaurant. Just because an automobile does not interest you, does not make them unecessary, nor a difficult proposition. Cars are only a problem for you, not other people, and only because you have no interest in them. By owning a car, you are never at the mercy of someone else to move around freely. Unless you are in a large city with great public transportation, you must arrange for transportation yourself. How flexible are you if you want to go somewhere? Call a cab? Hire a private car? Ride a bus? I enjoy going where and when I want, without having to call someone to come and get me, then take me there because I can’t get there myself. I recently took a trip during the lockdown to visit friends and family. Four different states, several cities and towns. Couldn’t do it with a bus, nor train, or airline. Using public transportation would not have been possible at all. Hiring a car would have been prohibitive. I own properties in two countries, and have cars at both locations. The ease and flexibility that I move around in both locations is due to owning my own transportation. If I disliked cars like Andrew, life would be much more difficult, and much of my traveling that I do would be close to impossible. You don’t have to own a car to survive, but then again, don’t think a car won’t provide a huge enhancement to your mobility either. Andrew doesn’t need a car because he limits his lifestyle to depending on others for his primary transportation needs, and accepts a lower class and comfort during his travels because of this. A perfect example are his trips with the agents looking a properties. He is generally crushed into a tiny uncomfortable econobox (like the fiat 500 in Montenegro) for hours on end to visit these places. There are places where it is not practical to own a car, but europe is not one of them. Many countries are reachable in a single days drive, often faster than flying or taking the train. If the world was truly like Andrew says, there would not be any need, or place for a private car. Fortunately, for the auto owning public, Andrews world, is only his world, and not ours. We live in the real world, where in most cases, cars are not only a convenience, but often a necessity.
Exactly forcing people for what they don't like in not good some of the comments are saying "dump your car people and take public transport" fuck that not every one has the same opinion as you I will rather have a car is much better I use a bike for exercise cars are very important in my opinion but the weirdest thing is that cars were around for 100 years and people just realised that they don't need them well is their choice and there are some other videos convincing people too ditch their car and buy a motorbike I am not driving those 2 wheels plastic
Im 14, and i know having a car is not a necessity. My parents can bring me down and manipulate me however they want, but i know i am not getting a car. No matter how far i have to go. I have a bike and thats all i will need.
Good for you man. Back in the day, every single teenager wanted to get their license the second they turned 16. Nowadays, it seems like most don't really care anymore.
I agree with your reasoning about cars but what about owning a house. Some might argue than owning a house is expensive and a hassle. What are your views about that?
1. My eyesight is too poor for driving 2. Vehicle costs too expensive 3. Bad for the environment 4. Don't want to be in that situation of being at fault in an accident especially if a fatality is involved 5. Not healthy, rather get an exercise I don't have a driver's license so legally I can't operate a car anyway.
Honestly I feel like it’s such a waste of space and money owning a sedan for 5 people when I’m single and without children, I wish there was another option for one that’s safe and affordable, I considered the Renault for one but it cost more than a regular car and it doesn’t even have windows or A/C! For now i just walk everywhere and take cabs, and working on an office i feel it’s the best option to say healthy. I very much agree with everything you just said and sometimes I do feel bad because other people buy this great cars as a symbol of success and I do feel behind, if only I could invest that money to make it worth it
Even without being a nomad buying new cars has to be insane and completely financially illogical. Unless you buy a hypercar which may go up in value (if u dont drive it often defeating the whole point of the thing) then ur car - which is kept outside most of the time in the weather - WILL go down in value. You would't leave ur expensive jewellery outside even if nobody was around to steal it. It would just get ruined. Yet people are willing to cough up $100,000 on a pick up just for perceived luxury on hauling some hogs to market. Buying owning running a car is basically saying Im happy to toss away my money irrespective how much or little I use it. Only get one if u need it and cheaper the better
Totally agree with another comment here. By having property in various countries, you are actually doing the same as having a car. My commitment to my 10 properties became a burden for me and restricted my time and freedom a lot more than owning a car. Although the properties were managed, I was still responsible for their upkeep, maintenance, taxes to name a few things. Over the last 12 months, I have managed to sell 6, 3 are almost sold and the final one will go on the market within the next 2 months. Shortly after I will be looking to liquidate my remaining assets and retire from all commitments and responsibilities that don’t benefit me and move to the Far East. I’m 44 and am done with the police state many if not all, so called first world, free countries claim they aren’t. Whereby, if you step out of line, you will be faced with a fine or criminal offence for things that wouldn’t even warrant a second look in most civilised countries.
When I go to Europe I completely agree the public transport is awesome almost everywhere and there is no need for a car when I am there I don't miss my car at all I even forget that I own a car. But honestly in Mexico it is necessary the public transport sucks, only in Mexico city it is more or less good. I also tried to walk in the U.S. from my sister's house to a Walmart (15 minute walk) and I was the only person walking, police stopped me and asked me what I was doing and my sister found me when I was like 5 minutes away from the Walmart and yelled at me and asked my if I was crazy that she told me to grab her daughter's car of I was going out (first and last time I walk in the U.S.)
There is definitely a stigma to using public transportation here in the US (outside of NY, SF, etc). When you see a person taking the bus, there is an assumption tha they're poor.
Thanks for this video. It really inspired me to never own a car again. The last two cars I've owned did not end too well. One was stolen. And recently my current car was damaged in my street by some knucklehead and ran off without leaving a note. This goes to show that someone out there will eventually hit and ruin your car at some point. So no more cars for me. Life is better without it.
I have got all around Reykjavik and Seattle for the last 7 years with no car and it has saved me a small fortune and I am in top shape from using public transit and all the walking involved .
Why I don't own a car for health reasons. 1. I'm almost legally blind, with incurable glacoma. At night I can only see the road with high beams on, during rain storms, I'm driving blind through puddles! Why I don't drive for expenses Car has hidden costs, oil change, repair, tire replacement, car insurance, gasoline. Why I don't drive because of other people 1. Someone who don't have a car always asking for a ride or to borrow your car 2. Someone could have drugs on them and you get blamed for what they had on them. Irrespective of you didn't know or was against it. 3. If you runover someone that's a big problem that can become a bite into your life, possibly ruin it. Car Drama is So Unworth it's problems, so ride the bus or get on a bike.
I like your thinking Andrew. I was thinking about moving to a car-as-a-service / lease plan model, but might evaluate the no-car option after watching this!
It's not like that so much now. 42% of 19 year-olds chose not to have a license in 2022, which is the most recent year in which data are currently available as far as I am aware as of this post. That figure has been rising since at least 1983, though probably before that for younger people.
Absolutely agree. But it doesn't work in most of North America, where you have to be owned by everything you have - by your family, by your property, by your car...
This is definitely one of the things I really dislike about America. I love in a suburb of the largest city in one of the least populated states. There is no option to not have a car. There is no real public transport and the cost of Lyft is cost prohibitive. Walking is also not really an option because there are very few places to walk, just a grocery store and a few fast food places. I do enjoy driving but when I have to drive ALL the time it takes away much of that joy. I also really enjoy walking places but now I need to drive to walksomewhwrr which is just silly. In my case I solve this problem by going with reliable 10+ year old cars.
I like having a car. I don't like taxis or Uber style transport, I don't like having to talk to strangers, for fear of appearing rude, or waiting for them to turn up. I like having a car to go shopping for the weekly food etc, because it is difficult if you have to get a taxi or use public transport. Also you can pick up other things more easily if you have your own car. For me it is a convenience. I don't have a new car though, I bought the one I have now 16 years ago. It is worth very little in the market, but it is very reliable and I don't spend much on it. It is only insured for third party risks. I don't do many kilometres in it, but I would miss being able to just jump in it and go at a moment's notice. I also like the occasional trip into the countryside or the beach.
I sold my car in 2012 and I have never touched a steering wheel since, I figured out that I did not need a car, my main travel is by bike, this incredible machine that attaches 2 wheels to your body and makes you travel kilometers easily thanks to the strength of your muscles while keeping you in shape
I can't imagine not owning a car. A lot of the decision has to be based on where one lives. I would imagine that owning a car in a major metropolitan area could be more trouble than it's worth. However living in a suburban or rural area where public transportation is limited or nonexistent changes everything.
Also I like not having a car and having more money and having less hassle than my mates who judge and frown upon. I like that my lifestyle is alot "slicker".
Great video, definitely good for thought as I hear retirement and want to move abroad, I was wrestling with the thought of what do I do about my car and transportation when I move, now I know, thanks to you, NO CARRRR!!!
It depends where you live and the climate. If its cold and the public transit comes every hour if you lucky. You really need a car for work. I love biking, but you have to pick your streets so you don't interfere with traffic. I only own a used pick up truck for work and most likely will be selling my collector car, which I only paid 1500 bucks for.. hehe.
Genius. and you don' t have to deal with road rage, visiting dirty auto shops, traffic cops tickets and all that time consuming stuff and if you live in the city everything is just like 10- 20 minute walk away
My car lease is up Dec. Now that I'm 42yo, I look at life differently. My husband also has a car but he travels to/from his job. I WFH now permanently too. I'm giving that car back and never looking back😂. I'm looking forward to the ease.
People shame me because I don’t have a car mean while they broke as hell and I still got money to myself after I pay my bills
Right, it’s just the norm being broke after rent/car payment. I have way more flexibility and freedom.
Trust me it goes either way. If you have a car people will tell you to get a newer one eventually. Then the cycle keeps going. Just invest your money in other things.
I have a few exotic cars.. all of which are worth more now than when bought.. Hardly drive them in this crazy terrorist state.. Having good car service works for me... The warm climate i am looking to go to has mostly scooters & bicycles... Ide like to get back to flight school when settled
@@cathylake9072 woman's logic that makes no sense at all
@@narkmallingerugardentool6217 what does gender have to do with anything.
It amazes me that people think you’re crazy if you don’t own a car. Since I left the UK and moved to Australia in 2004, I never bought a car. I have saved and invested tens of thousands dollars based on that one decision. I think the most valuable thing nowadays is owning a brand/trademark and building a business that will be an asset that you can sell eventually. Thanks for your great content
Thanks, I agree. :)
i agree with you. i don't have a car either
There sheep with no real endurance for the most part.
I've never owned a car. I have a business now, and I have some interest in a car, but, I'd rather buy another investment instead and use uber or taxis instead lol. I simply live in places where a car is not needed day to day.
Not owning a car is fine but once you hear a straight piped small block chevrolet v8 you want to own one, but you do save tons of money not driving but if your like me sometimes you need to pull something and sometimes you need a truck or a diesel to pull with.
Losing access to driving a car was a personal miracle. I’ve been so much happier without it, I live super close to work! I take rideshares here and there or walk places! My friends have been so kind to just simply offer rides in random situations. I LOVE NOT HAVING A CAR! ❤️
Yup, this is me lol.
Wow, seems like hell to me. I, as a car enthusiast feel like cars are a staple of my life. Even if I can’t drive, I love car spotting and stuff like that.
Damn. I wish I had this life. This is one of the many reason I plan to leave the US and move to Netherlands or somewhere in Europe.
Owning a car doesn't work for your life style... I like your freedom moving to anywhere in the world and being attached to nothing.
You can do that also pretty cheap.
@@mjohnson1741 how
he is actually attached to all the house property that he owns. there are responsibilities.
@@BaK987 He also has accountants to help him handle some of it, he aint attached to everything all at once.
@@sebas8225 and then he is also attached to the accountants
Looking forward to car ownership being removed from my life when we ‘leave’. It’s not just the cost, it’s the administration, insurance, maintenance etc etc...
are you a taxi driver?
Not to mention a depreciation asset .
I did also for similar reasons. I designed my life to live comfortably without a car.
First. I obtained employment a few block's in the city I live in from my home. I simply walk to work. If I have to go long distance I ride the bus or take a plane.
Second. I no longer have to find a place to park. I don't get stopped by police 5 times a year and asked what I'm doing. Or searched or acussed of crimes like when I was in a car everyday. Or get tickets. No insurance payments. Gas. Maintenance. I save allot of money I can now do thing's and have thing's I couldn't afford before.
I luv not having a car.
ain't no car well im not happy
That's Y I really like the bike life much simpler than a car if U think about it.
@@UTubeGoNSoft687 The sad thing is not everyone can ride a bicycle.
What city?
Same here! One of the best decisions I've ever made. And no, I don't live in New York. I simply designed my life around what's important to me rather than what everyone else says is important. I'm less stressed, healthier - all the reasons Andrew said.
I'm a single man with no kids and i live in the city. My work, supermarket, doctor, etc are all within walking distance of my home. If I'm going on a long distance trip, I'll hire a late model car with all the modcons and no chance of a breakdown. If I'm going somewhere reasonably local, then its walking, bike or rail. I feel freer than i ever did when i had a car.
The money I've saved by not owning one has gone towards overseas travel, home renovations and new appliances and furnishings. Shopping sprees or a night out at a great restaurant.....no problem.
When i sold my car in 2009, i decided to keep my drivers license in case i wanted a weekend away in a hire car......but really i could do without it. I barely use it.
If you don't need a car........just don't have one. You'll be amazed at how good and free you'll feel.
No car for me either. Owning a car is another form of state slavery full of regulations and liabilities that end up owning you. Walking and good public transit is good enough usually. When I need a car, then I prefer to taxi or hire car+driver. I rarely rent, too many potential legal liabilities if there’s an accident.
Nope, for me it seems like a source of financial burden and happiness. I’m a car enthusiast.
I grew up in rural Ohio where I needed a car. I lived in other places too where a car was necessary. But like you, I wasn't so happy having a car. Like a TV, I could do without. I just needed to live where having a car was not a requirement, so that is what I decided to start doing. I have not owned a car for about 10 years now. I have not missed it. Here in the Philippines, my cost of transportation is under $10 a month.. so I am amused when people think I should own a motorbike. I plan to live here and in Italy. I could see myself having a nice motorcycle in Italy, but not here. I keep a low profile here, mix and mingle with the locals. I believe it is safer and cheaper that way. I find that depending on our unique situation, certain things work better for us that may not work better for others in their unique situation. It is all about making the best decisions for ourselves. Also not having a car almost guarantees one more exercise. I love that!
"more exercise" - when you get older, you'll change your tune: you'll move to Italy and buy an SUV
Giorge Leedy You don’t need a TV???
She
bicycle isn't enough: old people need cars to drive to supermarkets & doctors
@@Cam_Galaxy no. My computer is fine for watching stuff on.
@@ireneuszpyc6684 I have nothing against cars. Like I said, it depends on what everyone's unique situation is. If someone needs a car, great! If they do not, great. We are not all the same.
Living in Toronto, I ditched my car. It's cheaper to rent one when needed.
I love the Subway system in Toronto! It is a great city. Hope to visit again soon. :)
@@CruisnChris It's not that great. It's very overcrowded and underbuilt for a city of Toronto's size, with no viable alternates when things go wrong. People pay more to live within walking distance to avoid the subway. At rush hour there are many stops where you wait four or five trains for there to be space to get on. It's soul and body crushing. Downtown apartments sell for over $1000/sq ft ($10,000/m^2) because of the poor transit situation.
Yes I understand living in Toronto is different from visiting. While I am not planning on ever living in Toronto I do enjoying seeing my friends and getting to experience the city. I will admit that I like Montreal better overall.
Many people living here like Montreal better :-)
I suppose the best thing about Toronto is that it's very well connected (of airports on the continent, only JFK has more international passengers). It's also one of the most diverse cities in the world, with people from every country. It's not the worst place in the world to live. But it does have the worst commute in North America (average of 96 minutes).
You guys should check out the metro in Moscow if we are talking about efficiency!
I live half the year in Arizona and refuse to own a car for the same reasons you described. Sure everyone looks at me like I’m KRAZY. But I don’t care. When you work from home and don’t need to travel everyday, why bother with a car when there’s Uber, Lyft, bike shares, and other services available?
Andrew lived in Arizona and he says it's rather tough there.
Working from home changed everything, I dont really need a car now. And to have it parked outside for days, I prefer just spending that money on Uber when needed.
owning a car is like walking around with a number on your forehead. The best thing for privacy is to turn your GPS off, pay in cash, and live in a place where there is no public video surveillance.
I recently immigrated to America and now live in New York City, and when I visited my cousins in Virginia, I see that people there can't survive without a car. Basically they are at the mercy of their cars. Owning a car used to be freedom to travel anywhere. Now it's endless liabilities, such as monthly payments, maintenance, insurance, taxes, toll fees, gas, and parking.
When I do reach financial freedom, I would buy a used Toyota that's 3 years old. At least I get to drive anywhere I want when I need to without worrying about expensive maintenance, repairs, and monthly payments.
I've been carless in Houston. It feels nice to walk everywhere and commute with coworkers.
Ana Canjura same here bro born and raised in Houston
How do you get away with not having a car in Houston of all places?
@@raiden6156 I have a car now. But when I didn't I used to catch the bus or walk or Uber and pay for a ride
How?
I am currently in Houston without car, don’t feel like hell because of how hot it is, but am kinda use to it.
As of now my goal is to move to a city where I don't need a car to get around. I'm tired of living in areas where I need a car or rely on people to get somewhere I need to be and back. Don't get me wrong, a car is good to have as a mode of transportation, but it's still a liability no matter how old or new it is. I've met a lot of people that make payments on cars, including myself regretfully. People work at jobs they hate to pay for crap they can't afford just to impress other people they don't like. It's a vicious cycle I don't want to be apart of.
Cars don't have to be so expensive if you like to purchase new cars with a car loan hahaha! Take that out of the equation and you'll eliminate easily 50% of the cost. I've friends who got used cars, do the basic maintainance themselfes and the heavy stuff (transmission oil change etc.) for the workshops. You can easily own a car affordably earning just 20kUSD/year, as with all things that matter in life, if you know what you're doing and what traps to avoid.
Regarding Nomad Capitalist's views, well, if I would travel so regularly world-wide, then yeah, I wouldn't keep around costs for things that are not used or seldom used by me.
I bike to and from work 6 miles a day. Tbh I’m glad I don’t have a car. In my mid twenties rather spend that xtra money on other things besides transportation.
I spend my extra money on clothes and cool shoes! I got tired spending money on a car! My car got stolen 2 times!
Chris, that is awesome man. I want to start using my bike to get to places.
@@robertoayala809 I ride my bike everywhere with my Bose earphones listening to music! Feels good to jump on a bike and get exercise!
@@danielf.6770 That sounds like fun. Do you ride to work as well? Have you ever encountered dogs chasing you while riding your bike?
@@robertoayala809 Yeah i ride to work and people from work think i dont have a drivers license because they see me on a bike all the time! 1 time i had a pitbull jump in front of me and my bike hit him hard and i got off the bike and used my bike as a shield so the dog wouldnt attack me, i walked backwards slowly into traffic to keep that stupid dog away, finally the dog left me alone! I hate pitbull dogs they are ugly ass pig looking dogs! Of course it was in a bad neighborhood too!
Same. No car anymore. Less worries. Less expenses. Walking is fun, you get a better understanding of the city you are in, and I've gotten a lot fitter too! I do like public transport esp. in modern Asian cities, but tend to avoid it in the US.
It seems that all the things some people do that most people consider crazy reap huge benefits from doing that “crazy” thing.
Owning a car has its advantages but it's so damn expensive
@Joseph Nganje in the nordics this is not true. Whichever car you have, the taxes and insurance are through the roof.
Not having a car started off as a curse now it turns out to be a pure blessing, live with less + avoid stress and save as much money as possible
Owning a car is nothing but a hassle.
I’m a retail rep
I’ve been doing this job for about 15 years and I’ve been responsible for at least two states worth
So much driving: I literally had to drive from Chester, NY to Buffalo in one day and to Edison NJ by 9 the next morning
I can vouch for you on that statement: the maintenance alone is the end of me
I don't own a car any longer after my BMW got flooded during Harvey. I live a mile from work and I been investing the money I would be putting in a car and anyways I plan on living abroad soon.
I am very sorry to hear you BMW got flooded during Harvey. I know you must have good memories with that car. Where are you thinking of living abroad?
@@CruisnChris Thanks! Thailand.
OMG Thailand is next on my places to see! You are moving full-time?
Im feel sorry dude :(
One of the surprising things about not living in the US (other than the fact that you actually have more freedom even in countries that you think you wouldn't, like Saudi Arabia) is how damn easy it is to get around even though you don't have a car.
I agree 100% with you. I realized a couple of years ago that I have a great public transportation system right in front of my house where I can go anywhere I need to go. So to participate in reducing my ecological footprint, I decided not to renew my car lease and get myself a brand new way of life with a BMW. Bus - Metro - Walk. 😂
Most of the savings I'm able to achieve as a result, go's to invest in crypto currencies and precious metals.
Thank you for sharing your story.
YEAH!!!
Rug pull
Yes, here in Southern California, having a car is unfortunately both a necessity and a status symbol. Every person has at least three cars or something like that. People like to show off their fancy cars. I've found that immigrants especially like to do that to prove that they've made it in this country. Everything is also so huge, far, and spread out in this region, especially in the sprawling suburbs, so not having personal transportation is akin to disability. Public transit sucks around here. In fact, it's like that in most places in the US except NYC. That's partly why I want to move there. So many activities within walking distance. Gas prices are surprisingly somewhat cheaper than here. Gas is so expensive here. Buying a car is just a huge waste of money. It depreciates over time. Other than gas, you have to think about insurance, repair, and maintenance. Even more $$$ to be spent. Not to mention having to contribute to the government slavery system through registration, licensing, etc. Oh, and there are tons of ticket-hungry ($$$-hungry) traffic cops around here. Don't forget about always getting stuck in traffic and the potential for more accidents. My dream/goal is to be a seminomad so I won't have to deal with all this nonsense. ;)
You could always move from CAL. Besides with climate change, it is becoming less attractive place to live.
The Wash DC area also have a good public transportation system.
I have the same problem in Jamaica. The transportation system is deplorable so everyone is forced to buy a car!
I rather have nice cool looking clothes than having a car! I had 2 cars that got stolen! Always car problems! I ride a bike and no problems and I get front row parking! Lol
Get a motorcycle and lane split! Key to eliminating the traffic slog.
I hate cars. I don't want to take care of it. Hate sitting in traffic. I don't even like driving that much. Plan to dump it when i quit work and retire in few years. I can get around with bus/lite rail...
Cars belong in the junk yard! I hate cars too, all the cars they make now are plastic pieces of junk! Waste of money!
I’m a petrolhead but I’m replacing my car with electric bike because I’m really straggling to loose weigh
You mean "struggling".
Well, you hit a main nerve with this one! Look at all those comments. I feel the same way about houses. I no longer own a house. Having 'gifted' them to my children. Truly, you don't own a house, it owns you. More so than a car/vehicle. Cars, motorcycles, RV's, boats, airplanes: I own a few of each. It's a hobby for me, so to each his own. If I spent over 200 days a year in hotels, like you do, I would ditch the fleet too.
Yes but a big difference is a house is usually an appreciating asset while a car is always depreciating. If you rent an apartment you can never get that monthly rent back. But if you buy a house you can get that money you spend on a mortgage back when you sell the house. You can't do that with a car.
Unless you have a classic car, they will appreciate, but hard to get a loan on and maintenance cost maybe more than a house and hard to rent out, but you won't lose like a normal car
Fair enough dude, I understand your position and especially because you spend so much time in disparate locations, the regulations involved can be too much. That being said, I personally get a lot of enjoyment from the freedom that having a car gives me and I don't care about the social consequences of driving an inexpensive old beater. Having a car gives me the freedom to spur-of-the-moment drive out somewhere beautiful and be all alone in nature or really to just do whatever I want within a given geographical area, and I can't really imagine living without that.
I've had a driver's license since I was 18 and never owned a car. I grew up 30 minutes from Times Square.
No one living in NY needs a car. Good for you.
You are so right....not having a car I saved so much money and then invested it.
That for me was freedom
Wonderful content!
This is why I hate my driving lessons. (My instructor is horrible) I always knew from the beginning as a kid that driving ain't the easiest thing to do. Even if you want to buy a car you'll have to wait until your salary is good enough to buy your dream car. Not only that maintenance, rent and returning car loans are a lot of things to think about. Why do I wanna own a vehicle that I have to manage and control all the time? Doesn't matter whether it's an auto or manual car I just want to be stress-free. Why not use public transports there are much cheaper.
I been on a bike my whole life! I saved thousands of bucks and went on nice vacations! Lol 😜
Ikr! You are a smart lady. Ignore what’s considered normal.
Living in the countryside makes a car essential. It is estimated that 1 in 7 jobs relies on the car industry. Cars are not just a status symbol
A car is a depreciating asset
@@blacklyfe5543 So are clothes, a laptop or a cooker (etc..etc)........can you live your life without them? No
@@xtc2vthe difference is that you can actually live your life without a car. Not everyone lives in the countryside, and besides, after the pandemic more and more people are working remotely now, and that makes it even easier to live without a car
Those without cars don't live without any transport at all. Trains carry hundreds of thousands of commuters every morning and evening. Why don't they live near their jobs?.... and why should have to I pay taxes to subsidise them? @@codysparks1454
I love public transportation and walking!! I am 100% with you, create your own status symbol 😜
I don't have a car either at the present time for the first time 42 years. the problem in the USA with that is that our country is so big and it makes it difficult for those of us who live in the boonies!
You wrote this 2 yrs ago. How did you get on? I am considering losing my car after the pandemic. I'm in the UK and will probably need it if I get a job far from my own town. But I could wait for a more local job.... Not sure. I just k ow the thing is costing me a lot in repares and insurece etc.
i never bought a car but i have traveled to over 13 different countries on the money i would have spent on the car. Plus if you really want to drive you can always get a license and lease a car or hire someone to drive for you. For me a car would be a hassle because i travel alot.
Exactly.
I lived with only a bicycle for a year and I enjoyed it, especially since i met friends who also biked that I met with on a daily basis. Not having a car was very nice. We would ride 4-5 miles to the store or to go to a sports bar.
I buy a 7 year old nice car and keep it till it dies. Most of the cars I have had never depreciate, cheap to fix and tax and no one wants to steal it.
I've gone sometimes for years without having a car and instead relied on a bicycle or scooter or just walked. But, I'll admit it: owning a car is very convenient, especially if you have lots of things to do all over the place and if you have children. It's easier to be spontaneous and decide to take a quick trip somewhere or to juggle appointments. I drive a luxury car that is so old now that it's valued at 1 CHF for (wealth) tax purposes. win-win.
I love how he points out that being rich means you're one congressional hearing away from your money getting taxed and taken away.
But from what I see here in America, politicians just put hidden taxes on the things we do everyday, we just don't notice it, except for the increase on prices of goods and services.
1) You live in a city?
2) Is there a bus stop in walking distance from your house?
3) Is your workplace accesible by transit?
Then you don't need a car. Just use public transport. That one time you visit someone in a transit desert suburb you can take a taxi. That one time you visit someone in the middle of nowhere you can use car share. (Or just ask the person you're visiting to pick you up.)
Honestly even if I was billionare I wouldn't stop taking public transit. It is awesome being on a vehicle someone else is driving, with leg room (a lot of of the time you can even get up and walk around) wheezing past others on your dedicated lane. They have to pay insurance, fuel, taxes and repairs. They have to constantly pay attention to the road/street/highway/stroad. They are constrained to a tinny seat. And they are stuck in soul crushing traffic. While sitting there acquiring 12 different mental illnesses; you, who has only paid a few bucks, go past them at speeds they are barred from achieving by the laws of nature and humans.
I live in the metro DC area and am definitely looked at weirdly for not having a car. I am asked regularly and find that people stereotype you. I've had one all of my life and these four years have been so liberating without.
I have owned and not owned a car in the DC area. After a year of maintenance expenses and dealing with the DMV my wife and I are DONE with owning a car in the DC area. We are looking at using electric bikes exclusively!
With the traffic a bike is faster .
Same here, I get that reaction too in Baltimore, lol
I own a car. It's paid off but gas runs me about $120-150 a month. Insurance $175 a month and regular maintenance likely another $100 a month. So that's $425 a month total ownership on a paid off regular ole Toyota Camry. I have it mostly because of my son but if it were just me I would be carless.
The maintenance costs and lost time, insurance, fees and depreciation was enough for me to walk away. Better health now.
I was an avid believer a car wasn't important. I had my needs covered. Many of my friends don't even have driver's licenses.
Then I got a car. Even if I don't use it often, it was a bit of an an epiphany. It's like a 144Hz monitor- you don't need it. 60Hz is fine. Then you experience a decent car, and suddenly everything seems different. The world becomes more open. You can still use all the great public transportation, but then you can hop in and go on a trip. I enjoy long distance driving, and I never drink, so perhaps that makes it worth it for me.
Most US cars are way too big, clunky, and fuel chugging though.
I switched countries. You sell off the car or lug it across the ocean along with the rest of your stuff.
I so totally agree. Driving a car in an urban area is STRESSFUL! Driving a luxury car in an urban area is TWICE AS STESSFUL because it is difficult to keep it from getting damaged! Not to mention all the paperwork and bureaucracy and local ordinances you have to dance around and spend time with. Here is the best status symbol ever: BEING HAPPY
Hey I like the idea of BEING HAPPY as a status symbol!
All facts. Great points
Driving a car takes attention and concentration even if you are an experienced driver. My parents always told me when I was learning to drive decades ago "The first rule is pay attention so you do not hit anyone or anything. " You cannot type a message or write with a pen on paper and concentrate on guiding the car at the same time.
I totally agree that it is more efficient to have someone else drive the car while you read and respond to emails.
Andrew, I agree with you 1000% !!! Especially with the NOMAD lifestyle. I spent 22 years in the U.S. Military and overseas we hardly ever needed a car. My wife is from the Philippines and the cost comparison of owning versus renting and public transportation in the Philippines is a no brainer. We hire a car and driver most of the time and have met some really fantastic people, "NETWORKING" it's great.
Thanks for sharing.
A perfect saying,In reality the car owns you,On the other hand,Without cars it would put alot of people and businesses out of business.🔧
Yes that's the problem. Cars are a environmental disaster but we need our jobs. Its like cars create jobs , that's why we have them
Messed up if you think about it..
Cars also help people get to their jobs, and like you said they also create jobs for machanics and companies like AC Delco that mass produce car parts.
I agree completely and have been living in San Juan PR without a car for 4 years. Minimalist lifestyle and investing has been paying off 👍🏼, literally.
If the avg. capital gains on $40k in EM over a couple of years are that big a deal, you probably shouldn't afford a car of that value in first place. $4k Corollas also do the job.
Amen! My thoughts exactly though I hadn’t thought of the keeping up with the Jones’ aspect of it. Great video!
I completely share your views on having a car. As a resident of a midwest city I'm looked down at for not having a car. I have spent a few thousand dollars on having a couple of nice bicycles. This is sometimes met with confusion and ridicule by people who don't understand. I desperately want to accomplish what you have done. I went to Real Estate school, but didn't get my license because the market had collapsed and I didn't have a car. Most employers will not hire anyone without a car. They use code words like "reliable transportation".
My city has experienced some growth in the past few years, and there is construction of lots of new condos. I want to find a good Real Estate mentor who can answer questions and help me make a road map of what to do. Thanks.
I absolutely agree with not having a car in Europe...its so nice to walk around and absorb the community and in Serbia Cargo is so cheap its crazy PLUS no parking anyways...so win win...
BICYCLE! 🚲
Lol! I live in southern California and drive an Audi convertible. The lease comes due in February.
I'm not replacing it cuz there's no other car out there that I like, and this model's being discontinued. Plus, I have access to three other cars (husband's/son's/mum's) if I REALLY need to drive myself somewhere.
The thing is, most other countries are such that you don't need a car. The US is such that, if you don't live in a big city, you need a car. In the 1950s or so, having a car was no big deal financially. Since then, there's insurance, regulations, gas, etc. so that today owning a car is expensive.
Yes, having a car and having to spend hours in stress inducing traffic (especially here in California) is a drain.
@@H-Zazoo ROFLOL.... AS A CALIFORNIAN, I'LL ATTEST TO THE FACT THE MOST OF CA IS NOT RURAL and you're a moron, Zazoo.
Bottom line: You don’t enjoy cars. You care more about the glasses you wear than you would a car. An automobile is a life accessory, just like the clothing you wear and the apartment you own in another city. Why don’t you just wear jeans and t-shirts every where? The arguments you use don’t gel with reality, unless you don’t like cars. If you want to save money, stay in one place, don’t travel, work from your computer out of a single small apartment in a cheap area of a low cost foreign city. A car can very easily be luxury item, and a fashion accessory, just like a nice watch, good clothing, and an upscale restaurant. Just because an automobile does not interest you, does not make them unecessary, nor a difficult proposition. Cars are only a problem for you, not other people, and only because you have no interest in them.
By owning a car, you are never at the mercy of someone else to move around freely. Unless you are in a large city with great public transportation, you must arrange for transportation yourself. How flexible are you if you want to go somewhere? Call a cab? Hire a private car? Ride a bus? I enjoy going where and when I want, without having to call someone to come and get me, then take me there because I can’t get there myself. I recently took a trip during the lockdown to visit friends and family. Four different states, several cities and towns. Couldn’t do it with a bus, nor train, or airline. Using public transportation would not have been possible at all. Hiring a car would have been prohibitive. I own properties in two countries, and have cars at both locations. The ease and flexibility that I move around in both locations is due to owning my own transportation. If I disliked cars like Andrew, life would be much more difficult, and much of my traveling that I do would be close to impossible. You don’t have to own a car to survive, but then again, don’t think a car won’t provide a huge enhancement to your mobility either. Andrew doesn’t need a car because he limits his lifestyle to depending on others for his primary transportation needs, and accepts a lower class and comfort during his travels because of this. A perfect example are his trips with the agents looking a properties. He is generally crushed into a tiny uncomfortable econobox (like the fiat 500 in Montenegro) for hours on end to visit these places. There are places where it is not practical to own a car, but europe is not one of them. Many countries are reachable in a single days drive, often faster than flying or taking the train. If the world was truly like Andrew says, there would not be any need, or place for a private car. Fortunately, for the auto owning public, Andrews world, is only his world, and not ours. We live in the real world, where in most cases, cars are not only a convenience, but often a necessity.
Exactly forcing people for what they don't like in not good some of the comments are saying "dump your car people and take public transport" fuck that not every one has the same opinion as you I will rather have a car is much better I use a bike for exercise cars are very important in my opinion but the weirdest thing is that cars were around for 100 years and people just realised that they don't need them well is their choice and there are some other videos convincing people too ditch their car and buy a motorbike I am not driving those 2 wheels plastic
Im 14, and i know having a car is not a necessity. My parents can bring me down and manipulate me however they want, but i know i am not getting a car. No matter how far i have to go. I have a bike and thats all i will need.
Good for you man. Back in the day, every single teenager wanted to get their license the second they turned 16. Nowadays, it seems like most don't really care anymore.
A lot of good points even if someone does not agree with every single one of them, or as we know -- everyone is different and has different needs.
I lived a year in Thailand and had no car or scooter, only walked, taxi, or bus.
Always enjoy your advice and insight. I have a car right now but understand your reasons.
I agree with your reasoning about cars but what about owning a house. Some might argue than owning a house is expensive and a hassle. What are your views about that?
1. My eyesight is too poor for driving
2. Vehicle costs too expensive
3. Bad for the environment
4. Don't want to be in that situation of being at fault in an accident especially if a fatality is involved
5. Not healthy, rather get an exercise
I don't have a driver's license so legally I can't operate a car anyway.
“What if something is too far to walk?”
That’s why I own a bicycle.
“What about groceries?”
Ever heard of racks and panniers?
or the many different delivery services now. i even have one thats free delivery if you spend $35
Great video - exactly why I also don’t own a car 🚘
Honestly I feel like it’s such a waste of space and money owning a sedan for 5 people when I’m single and without children, I wish there was another option for one that’s safe and affordable, I considered the Renault for one but it cost more than a regular car and it doesn’t even have windows or A/C! For now i just walk everywhere and take cabs, and working on an office i feel it’s the best option to say healthy. I very much agree with everything you just said and sometimes I do feel bad because other people buy this great cars as a symbol of success and I do feel behind, if only I could invest that money to make it worth it
Great ideas; thanks for sharing!
Even without being a nomad buying new cars has to be insane and completely financially illogical. Unless you buy a hypercar which may go up in value (if u dont drive it often defeating the whole point of the thing) then ur car - which is kept outside most of the time in the weather - WILL go down in value. You would't leave ur expensive jewellery outside even if nobody was around to steal it. It would just get ruined. Yet people are willing to cough up $100,000 on a pick up just for perceived luxury on hauling some hogs to market. Buying owning running a car is basically saying Im happy to toss away my money irrespective how much or little I use it. Only get one if u need it and cheaper the better
Totally agree with another comment here. By having property in various countries, you are actually doing the same as having a car. My commitment to my 10 properties became a burden for me and restricted my time and freedom a lot more than owning a car. Although the properties were managed, I was still responsible for their upkeep, maintenance, taxes to name a few things. Over the last 12 months, I have managed to sell 6, 3 are almost sold and the final one will go on the market within the next 2 months. Shortly after I will be looking to liquidate my remaining assets and retire from all commitments and responsibilities that don’t benefit me and move to the Far East. I’m 44 and am done with the police state many if not all, so called first world, free countries claim they aren’t. Whereby, if you step out of line, you will be faced with a fine or criminal offence for things that wouldn’t even warrant a second look in most civilised countries.
When I go to Europe I completely agree the public transport is awesome almost everywhere and there is no need for a car when I am there I don't miss my car at all I even forget that I own a car. But honestly in Mexico it is necessary the public transport sucks, only in Mexico city it is more or less good. I also tried to walk in the U.S. from my sister's house to a Walmart (15 minute walk) and I was the only person walking, police stopped me and asked me what I was doing and my sister found me when I was like 5 minutes away from the Walmart and yelled at me and asked my if I was crazy that she told me to grab her daughter's car of I was going out (first and last time I walk in the U.S.)
@ill bill from Mexico
he's right, not just cars 70% of what you purchase creates problems
There is definitely a stigma to using public transportation here in the US (outside of NY, SF, etc). When you see a person taking the bus, there is an assumption tha they're poor.
Thanks for this video. It really inspired me to never own a car again. The last two cars I've owned did not end too well. One was stolen. And recently my current car was damaged in my street by some knucklehead and ran off without leaving a note. This goes to show that someone out there will eventually hit and ruin your car at some point. So no more cars for me. Life is better without it.
Everything you said. no more, no less.
Gabriella Sousa Glad to have you, Gabriella
If you’re in cities, cars are a liability.
If you are not, they’re a necessity.
I too prefer to invest in stocks, not cars.
Great answer!
I have got all around Reykjavik and Seattle for the last 7 years with no car and it has saved me a small fortune and I am in top shape from using public transit and all the walking involved .
Why I don't own a car for health reasons.
1. I'm almost legally blind, with incurable glacoma. At night I can only see the road with high beams on, during rain storms, I'm driving blind through puddles!
Why I don't drive for expenses
Car has hidden costs, oil change, repair, tire replacement, car insurance, gasoline.
Why I don't drive because of other people
1. Someone who don't have a car always asking for a ride or to borrow your car
2. Someone could have drugs on them and you get blamed for what they had on them. Irrespective of you didn't know or was against it.
3. If you runover someone that's a big problem that can become a bite into your life, possibly ruin it.
Car Drama is So Unworth it's problems, so ride the bus or get on a bike.
I ride a bike and i love it
Electric scooter! Works wonders in London (even though they banned them, all the while introducing "clean air" charges).
I like your thinking Andrew. I was thinking about moving to a car-as-a-service / lease plan model, but might evaluate the no-car option after watching this!
I agree with every-single word you said...
It's not like that so much now. 42% of 19 year-olds chose not to have a license in 2022, which is the most recent year in which data are currently available as far as I am aware as of this post. That figure has been rising since at least 1983, though probably before that for younger people.
Absolutely agree. But it doesn't work in most of North America, where you have to be owned by everything you have - by your family, by your property, by your car...
This is definitely one of the things I really dislike about America.
I love in a suburb of the largest city in one of the least populated states. There is no option to not have a car. There is no real public transport and the cost of Lyft is cost prohibitive. Walking is also not really an option because there are very few places to walk, just a grocery store and a few fast food places.
I do enjoy driving but when I have to drive ALL the time it takes away much of that joy. I also really enjoy walking places but now I need to drive to walksomewhwrr which is just silly.
In my case I solve this problem by going with reliable 10+ year old cars.
I like having a car. I don't like taxis or Uber style transport, I don't like having to talk to strangers, for fear of appearing rude, or waiting for them to turn up. I like having a car to go shopping for the weekly food etc, because it is difficult if you have to get a taxi or use public transport. Also you can pick up other things more easily if you have your own car. For me it is a convenience. I don't have a new car though, I bought the one I have now 16 years ago. It is worth very little in the market, but it is very reliable and I don't spend much on it. It is only insured for third party risks. I don't do many kilometres in it, but I would miss being able to just jump in it and go at a moment's notice. I also like the occasional trip into the countryside or the beach.
i do the same, living in China for 7 year,s and hong kong for 16 year's = no need a car.
I get it 100% the same way!
I would take a $600-$700 bicycle over a car thank you very much.
I totally agree with your thought process for not owning a car and this is exactly why I don't have one.
I sold my car in 2012 and I have never touched a steering wheel since, I figured out that I did not need a car, my main travel is by bike, this incredible machine that attaches 2 wheels to your body and makes you travel kilometers easily thanks to the strength of your muscles while keeping you in shape
Thanks for sharing!
I can't imagine not owning a car. A lot of the decision has to be based on where one lives. I would imagine that owning a car in a major metropolitan area could be more trouble than it's worth. However living in a suburban or rural area where public transportation is limited or nonexistent changes everything.
luv the way you think. I've owned 3 cars. They're such a hassle. Use a cab
Also I like not having a car and having more money and having less hassle than my mates who judge and frown upon. I like that my lifestyle is alot "slicker".
Fully support you not having a car, great job!
Great video, definitely good for thought as I hear retirement and want to move abroad, I was wrestling with the thought of what do I do about my car and transportation when I move, now I know, thanks to you, NO CARRRR!!!
It depends where you live and the climate. If its cold and the public transit comes every hour if you lucky. You really need a car for work. I love biking, but you have to pick your streets so you don't interfere with traffic. I only own a used pick up truck for work and most likely will be selling my collector car, which I only paid 1500 bucks for.. hehe.
Genius. and you don' t have to deal with road rage, visiting dirty auto shops, traffic cops tickets and all that time consuming stuff and if you live in the city everything is just like 10- 20 minute walk away
Contemplating returning mine. ❤ I enjoyed life more when I Walked 😊
My car lease is up Dec. Now that I'm 42yo, I look at life differently. My husband also has a car but he travels to/from his job. I WFH now permanently too. I'm giving that car back and never looking back😂. I'm looking forward to the ease.