While many families choose to live in a home with a car or two in the garage, there are times when it doesn’t necessarily make sense to spend money on the cost of a vehicle. Depending on your location and your commute, there might be possibilities to reduce your transportation costs by eliminating the car by using services such as Uber and Lyft.
Cost of a Garage and Car
Don’t assume that you have to buy a home with a garage, because new options are available making transportation easier than ever. For example, you can pull up your smartphone and call a car using Uber or Lyft. With this service, you pay by the ride. The driver will pick you up at the location of your choice and drop you off at your requested destination.
All of the transactions and driving directions are handled through the app, so you don’t need to worry about a cash payment or pulling out your credit card in the car. You can sit back and enjoy the ride, knowing that your driver is heading toward the right destination based on the request submitted when you requested the ride.
Location and Commute
One motivation to eliminate car ownership is because you are living in a location that doesn’t require a daily driving commute. For example, if you work downtown, then you might choose to buy a condo or townhome that allows you to commute to work on foot or using public transportation.
It can be expensive to pay for a home downtown that includes garage space or a parking stall. If you want to save money on the real estate purchase, then it might be a wise move to skip this feature. Plus, your overall expenses will go down if you don’t need to make a car payment or pay for insurance coverage, maintenance, fuel, and more.
More and more families are making a move to eliminate the need for a vehicle. When you run the numbers, it’s easy to see how you can save money by calling an Uber or Lyft ride as needed, instead of paying the ongoing costs of car ownership.
Finding the Right Home for Your Needs
When you are preparing for home ownership, it is essential that you consider your needs and preferences. You should think about details such as whether you should purchase a home with a garage, or if it makes sense to use public transportation or ride sharing services instead.
As you are searching for a home, our team at DUFFY Realty is here to help. Over the years, we’ve assisted many families throughout the greater Atlanta area with their real estate purchases. Call today to learn about the options that are available based on your wish list for your new home: (678) 318-1700