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Lifestyle
Teri Monroe

Could Public Transit + Car Share Beat Owning for Suburban Retirees?

suburban retirees transportation
Image Source: 123rf.com

Car ownership has long been considered a necessity in the suburbs. Retirees often assume they’ll need a vehicle for independence, errands, and social activities. But with rising insurance premiums, maintenance costs, and gas prices, owning a car has never been more expensive. At the same time, public transit networks and car-sharing services are expanding. Could combining transit and car share actually beat owning a car for suburban retirees?

Car Ownership Costs Keep Rising

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