Reading all of Mr. Money Mustache’s posts has changed me in several ways, but profoundly when looking at what cars Americans choose to drive. And while sometimes Mr. Money Mustache can seem a bit blame-y when it comes to haranguing people about their debt and lifestyle choices, I’m totally there with him re: cars. And I’m completely there regarding trucks.
I love a good truck. When my parents inherited money while I was in my teens they paid off the mortgage and my dad bought a truck. I loved driving it. It was driving stripped down to the basics: standard transmission, rough cloth upholstery. To this day, something about a bench seat still gets me. Trucks are handy for hauling things, and they’re big, without being as asshole-ish as large SUVs.
However, I think in 99% of the cases, they are completely unnecessary. The above three trucks are parked in these spaces every day that I walk this way to work. I’m guessing they belong to the construction workers who are building the big tower down the block. But these trucks aren’t used for construction. They’re used to get the construction workers to their job.
As Mr. Money Mustache points out in this post, the two things to worry about with vehicles are fuel economy and passenger/cargo space. These two trucks fail on both counts. Assuming the construction workers are driving themselves to work, they could be doing so in a much smaller car, even something as small as a Smart Car. (Which cost a lot of money, now that I’m looking at the price.)
Yes, these construction workers may use their trucks for other things like hauling things on the weekend, or an after-hours job. But they probably do not. Like most cars in the USA, they drive us to work and back home again.
And do these construction workers own these trucks free and clear, with no car loan? Possibly, but not probably. If there’s one thing all the Financial Independence reading has reminded me, it’s that car loans should be avoided at all costs. If the people who drive these cars are paying loans plus interest, that makes them even more inefficient choices.
I don’t currently own a car, though I do pay for the use of one. I take public transportation to work and use it to get me to other places when the car isn’t available. It’s easy to say that I’m lucky–that I’ve got it easy, with a quick commute downtown. Not everybody has that option.
But I would also say that I arranged my life in this fashion. When I last looked for work, I applied for jobs that were close to my house, at least via public transportation. If the job hunt hadn’t turned up anything, I would have expanded my search, but I’ve done the hour-commute-each-way-via-public-transportation thing, and I don’t want to experience that again, if I can help it.
These trucks may make their owners very happy. But they also might be inflicting needless financial pain. At any rate, they aren’t a good choice for the planet. I’d like to see us, as a country, move away from big vehicles.