The Drive Free Car Fund – 1 Year Summary

On July 20, 2015, I began my experiment to invest the amount of a typical car payment into an investment account with the purpose of using the fund to pay for a reliable vehicle in the future based solely on its growth.  I began the fund with a deposit of $613.30, and I planned to invest ~$480 dollars per month over its lifetime.

As of July 18, 2016, I have made the following deposits:

Date	Deposits
7/8/2016	$460.00
6/22/2016	$460.00
6/8/2016	$240.00
5/23/2016	$240.00
5/9/2016	$240.00
4/22/2016	$240.00
4/8/2016	$240.00
3/8/2016	$240.00
2/8/2016	$240.00
1/22/2016	$240.00
1/8/2016	$240.00
1/8/2016	$300.00
12/22/2015	$240.00
12/8/2015	$240.00
11/23/2015	$240.00
11/9/2015	$240.00
10/22/2015	$240.00
10/8/2015	$240.00
9/22/2015	$240.00
9/8/2015	$240.00
8/24/2015	$240.00
8/10/2015	$240.00
7/20/2015	$613.30

And on June 25^th, I withdrew $1,2460.00 from the fund, making the total contributions at $5,147.30.  The current value of the fund is $5,736.32.  Therefore, theoretically I could withdraw $589.02 (the Interest) without hurting the principal that I have invested.  The return on the investment over this period (July 2015 to July 2016) has been 11%.

Below are some vehicle options based on the value of the Interest only.