Jiro comments on It's the Same Five Dollars! - Less Wrong
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Comments (26)
Don't forget depreciation on the car. Imagine that a car costs $20000 and lasts 100000 miles (it may last longer, but then you may have to pay to repair it, and 20000 is only a crude price estimate anyway, etc.) That's 20 cents a mile, and the ten mile drive adds another $2, which is 40% of the cost.