A saving of $4000 in one year was enough to convince Jarrod Purchase that he did not need a car.

After selling his car, Purchase found he could manage his transportation needs by cycling, using his motorbike, public transport, Ubers and the occasional hire car.

Sydneysider Clare Megahey has been without a car since selling hers a few years ago.Credit: Dion Georgopoulos

“The $25,000 I received from selling my car is sitting in my offset account, earning $1500 per annum. The costs of buying a car, plus servicing, parking, registration and insurance just didn’t add up when I had other ways to get around. Also, I’m renting my car space for $50 per week.”

What surprised him the most was how little he needed a car.

“I wanted to see if by not having a car whether I’d be inconvenienced. I live in a highly connected area in Melbourne; it’s cheaper to not have a car. The motorbike is the easiest to get around, although cycling is my favourite mode, and public transport has........

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