Though owning a vehicle is considered a status symbol in some small towns, a major factor to be considered is the mileage of the vehicle. Older and larger vehicles usually have a lower mileage due to lower fuel efficiency and more fuel will be needed to cover the same distance. However it is more safe to use larger vehicles as the occupant is less likely to get hurt in case of an accident.
For a vehicle, the total expenses include the cost of the vehicle, fuel cost and other expenses like insurance, license, maintenance fees, time , effort in driving the vehicle. If the person is not likely to use the vehicle at all, it is better to hire a vehicle for a short time, it can be cost effective.
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