on As a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone 🙃 · c/fuckcars · 8 pts · 1yYour math is ignoring compound interest. 40 years of monthly installments of 554 earning 8% would ultimately compound to $3.2M
Your math is ignoring compound interest. 40 years of monthly installments of 554 earning 8% would ultimately compound to $3.2M