If you don't buy BMW M3, then Uber won't save you 700/month. Figures look viable only because Vehicle expenses were $11,783 per year. ~The 2008 BMW M3 was depreciating in resale value $8,333 per year. ~
Exactly. He had two very expensive vehicles. If he leased or bought a used car that is not luxury, he could spend less than he does on ubers.
Sure, but now he has someone drive him around (another type of luxury). It's comparing two luxury experiences. Of course driving a beater or riding a bike would be even cheaper.
UberPool is hardly a luxury experience
As a point of reference, I drive a 2009 Kia Optima and average $1800 per year all-in expenses. This is with no car payment (it's paid off), only liability insurance, normal maintenance (including occasional large expenses), and ~10,000 miles a year driven. To add a car payment might be another $2000-$5000 a year.
Exactly. I don't know the use of comparing a European GT car with a badge tax versus riding in the back of someone's accord. A more useful comparison would be to use the model of the average Uber driver