The lease on my Audi A4 is up in November. My wife and I are both now retired, and rarely use both cars at the same time. She has a 2012 Camry with only 65,000 miles, which should last many more years with low maintenance costs.
I am considering trying going without a second car when I turn in my Audi. I estimate I would have to take one or two short roundtrips (10 miles or less) a week by Uber/Lyft. This should be much cheaper than leasing a new car.
Has anyone else done this, and if so, how did it work out?
My brother-in-law did it in LA with two kidsāhis wife has a minivan. He bikes, scooters, lyfts, ubers, etc and seems to work out fine. My retired parents get by with one car tooā¦any conflicts on the calendar are resolved by lyft/uber (and probably less than 1x/mo).
So many options today. If you have a lot going on, and Uber becomes a pain, rent a car on Turo for a week. You want a convertible for an extended summer road trip, Swapalease for 6 months, etc, etc, etc.
I think the great thing about this situation is being retired gives you the flexibility to give it a try. Sounds like uber/lyft/rental should work. Plus if some crazy deal on a cheap lease comes along, you have the flexibility to jump on it. Iām still wondering what the long term sustainably of uber/lyft is, those companies are really taking advantage of drivers and still arenāt making money, at some point itās going to implode.
Thanks for all the comments. So I turned my A4 in yesterday, and for the first time in my adult life, I do not have my own car. So far so good. Driving my wifeās Camry has been ok so far, and we have a lot more room in the garage.
Lyft has a $300 a month plan, depending on your region, where you have 45 or so short rides free. It may have some higher or lower tiers too but do check it out.
Yes and no. I have friends who have it. It works well in cities downtown areas like SF etc, where most people hop for short distances, parking is expensive or very constrained, and you donāt go use it more than 1-2 times a day. Like I said, may work well for a retiree.
I guess it depends if you prefer being a driver or being a passenger. For some people being a passenger is a plus so they can relax and play with their phones at the back seat. I rather drive myself because I canāt stand other people driving, especially the horrible uber drivers.
