Owning your own car can be great for several reasons, including safety and convenience. If you’re thinking about getting rid of your car, though, you might be wondering what the difference is between having one and not having one. Ever since car transport has become a popular way for car owners to earn money, many have started to look deeper into the benefits of owning a car. This guide will help you make an informed decision on whether it’s better to own or not own a car.

Differences between owning a car and not owning a car

1. Being less dependent on public transport

Not having to rely on public transport means having more control over your schedule. You can get where you need to go at your own pace, without having to wait for a bus or a train. This comes in especially handy if you need to get somewhere quickly, but don’t have time to wait around for public transport—say, you’re late for an appointment. Some people might find that they spend less money on public transport when they own their own car.

2. To spend more time with friends

If you decide to buy your own car, know that while it may save you money in terms of public transit fees, it will also cost you time. You’ll be responsible for maintenance, repairs, parking (which can range from $50 to over $200/month), gas, insurance, the list goes on. And did we mention traffic? Car owners spend an average of 1.8 days per year sitting in traffic—almost enough time to travel from San Francisco to New York City.

3. Health benefits

You’ll be more physically active. Owning your own vehicle is an opportunity to get out of doors and walk or bike around, especially when you need to go from place to place—like if you’re buying groceries or going on a date night with your significant other.

4. Insurance costs are significantly lower than people think

There’s been lots of hype about how expensive it is to insure a new car. But for many people, especially good drivers, insurance costs are lower than they think. In fact, some people will save hundreds of dollars per year by getting rid of their personal cars altogether.

5. No up-front payments, no maintenance fees, no hidden charges

You pay when you rent and you only rent for as long as you need it. Car ownership can take a serious bite out of your bank account, but renting is an affordable option if you’re only going to need wheels for a short time, moreover, you don’t have to put any down payment in or have to take out a budget every month for maintenance costs.

6. Less stress and anxiety in traffic jams

The stress of driving in traffic can be debilitating, but if you own your own vehicle you have freedom to get from point A to point B without having to deal with transit delays or other people’s schedules. Owning your own ride gives you more time for yourself. Use that time for exercise or rest rather than sitting on public transit.

7. Empowered decision making while traveling 

Not all of us are fortunate enough to have control over how we get from place to place, or when. But if you’re looking for an opportunity to gain back some control, it is better to be driven around than driving a car, you are more likely to be able to make more decisions and even get some work done if you are renting a car. Automobile rental services typically start around $20 per day; take into account traffic, parking, and gas costs when comparing it to other modes of travel—you might be surprised at what you find.

8. Every trip is a holiday; you get to pick what you do while there.

If you own your own car, it’s quite easy to take little trips during your day. While public transportation can get you to work on time, it can also make any stop feel like an ordeal. Nonetheless, when using carshare programs like Zipcar, you can use a vehicle only when you need it. At no extra cost, too. With today’s technology, there are more transport alternatives than ever before.

9. Freedom 

When you own your own vehicle, it’s just so much easier to move from place to place. Especially if you are moving from one city to another, it is just so much more convenient if you don’t have to make arrangements for public transportation. Yes there is Uber but unless you live in an area where Uber operates every single day of the year then you will still need a vehicle of some sort at some point when moving.