And yet people have to do this everyday out of necessity. The alternative to not driving is not no car, public transport, ride sharing, and car hire all fill a need.
BTW, met a few people with marginal income. They totally wrecked their credit by buying a car. They did not foresee the TCO on a car. After loan payments, insurance, gas, and maintenance they were barely keeping afloat. Payday loans finally sank them and the cars ended up being repossessed anyway. They are still stuck paying the loan since the bank fees and depreciation weren't removed.
BTW, met a few people with marginal income. They totally wrecked their credit by buying a car. They did not foresee the TCO on a car. After loan payments, insurance, gas, and maintenance they were barely keeping afloat. Payday loans finally sank them and the cars ended up being repossessed anyway. They are still stuck paying the loan since the bank fees and depreciation weren't removed.