Today I sold Camy, my 5 year old Toyota Camry.
A side of me is sad to part with her, but I know that financially it made sense. I'll be saving on insurance, gas, tolls. But most of all, I will not be watching her depreciate while sitting in the parking lot enduring the variety of weather.
We just were't using her as much anymore. She had extremely low mileage (only 42k) for a 5 year old car. And so, I got a good price for her.
In the end, after all the math is said and done, it only cost me $190 per month plus insurance, gas, and tolls to own her.
She's served me well...