The REAL Cost of Owning a Paid-Off Car

Описание: The "Free Car Trap": Why your paid-off 2015 Honda or older vehicle might actually be your most expensive financial mistake in 2026. If you're tired of "bleeding money" on repairs while driving a car you supposedly "own," this breakdown of the Total Cost of Ownership will change everything.

Timestamps:
00:00 - The Illusion of "Free and Clear"
01:45 - Why your 2015 Honda is in the "Danger Zone"
03:00 - The Math: Repairs vs. Monthly Payments
05:17 - Hidden Costs: Fuel Efficiency & Insurance Safety Discounts
08:02 - Opportunity Cost: What is your Peace of Mind worth?
10:10 - The 2026 Framework: When to keep vs. When to lease
14:13 - Reclaiming your Mental Bandwidth

Topics Covered (Entities):
Total Cost of Ownership (TCO)
Vehicle Depreciation & Entropy
AAA Car Ownership Analysis 2026
Opportunity Cost of Reliability
Consumer Reports Vehicle Reliability Data
Car Leasing vs. Financing Math

#MikeTalksMoney #personalfinance #carownershiptips
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📌 These videos are for educational and entertainment purposes only and do not constitute financial or professional advice.
📌 Disclaimer: This channel features original illustrations and animated characters inspired by modern explainer-style animation. All artwork and characters are original creations and used solely for illustrative purposes.