At this point you are probably asking yourself what do you mean by cheap transportation? My answer would be the least expensive way for me to get from point A to point B. When you are driving your car try to notice how many people are in each car that you pass. If you said one you were right. Approximately 95% of all the cars that you see on the highway have only one person in that car.

Most of these cars that you see are worth between $10,000 and $50,000. The majority of them are on the high end. Think of the expense of taking that one person from point A to point B.

Did you ever break down the true cost of driving your car? Let us go over some the cost of driving the average car. The costs include buying the car, finance charges, taxes when you buy the car, insurance, maintenance, and let us not forget the cost of gasoline. The best-case scenario is that the average car depreciates at the rate of 7% per year. What this means is that after 13 years your car is worth practically nothing. That is a great investment.

And let us not forget that after the car is paid off, things usually start to break down on the car. If your transmission or engine breaks down, it can cost anywhere from $2000 up to $5,000 to fix them.

That is not good economics for getting a person from point A to point B. The average person probably uses his car at the most two hours a day out of a 24-hour day. That does not make any sense does it?

Here is my better solution. You want to focus on buying a car $10,000 or less. Here are a few cars that fit under that category: the Nissan Versa, Hyundai Accent, Kia Rio, Chevrolet Aveo, and the Ford Focus. Most of these cars get pretty good gas mileage.

Other ways that you can save money on buying a car is to buy last years models or buying cars that have been repossessed.

The most important part of buying your new car is you must be sure that you get at least a 10-year warranty or 100,000 miles. Whatever comes first? There is nothing wrong in buying a late model car that is one to two years old if the extended warranty can be transferred to you.

Just think of it, two of the most expensive things that can break down on a car are covered for at least 100,000 miles or 10 years.

This new car will cost roughly $1200 a year for 10 years. That includes finance charges. You will naturally have other expenses that can happen to any car. But you will have two of the biggest expenses covered by your warranty.

Maybe this idea will make sense to you and maybe it will not. It is something to think about.