Car ownership doesn't make sense

If you stop and think about it, owning a car doesn't make much sense, financially speaking. First, there's the cost of the car itself. Then there's gas, oil, insurance, repairs, tires, etc etc etc. Then when that car reaches the end of its life, you get to buy a new one and start all over again, burning thousands and thousands of dollars in the process. And in the end, you have nothing to show for it. It's like putting $40,000 into a savings account, but after ten years when you take the money out, you'll only get $4,000. It just doesn't make sense.