The American Automobile Association found that the ownership costs of a medium sedan is nearly $9,000 a year when driven 15,000 miles. (This does not include the cost of parking tickets!)
In Cambridge, many residents skip automobile ownership costs altogether by going car-free. Since 2000, the number of Cambridge households owning zero vehicles has increased from 27.7% to 32.2% (Census 2000, 2006-2008 American Community Survey).
- There are 0.92 vehicles available per household in Cambridge, which is less than 1 car per unit and a reduction from 0.98 vehicles per household in 2000 (2000 Census, 2006-2008 American Community Survey)
- Within ¼ mile of an MBTA station 50% of households have no car (Residential parking demand near transit, CDD and TPT Departments, July 2007)
- There was a 10% decrease in resident parking permits issued between 2000 and 2009