Not everyone can live without that red mark in the ledger, but we'll help you find out if you might be a candidate. Where I live in Atlanta, the necessity of owning a car is highly subjective. In some areas, it's not possible to get by without a car, as everything is miles away.
A continuously variable transmission (CVT) (also known as a single-speed transmission, stepless transmission, pulley transmission, or, in case of motorcycles, a twist-and-go) is an automatic transmission that can change seamlessly through a continuous range of effective gear ratios.
The CVT is an automatic transmission that uses two pulleys with a steel belt running between them. To continuously vary its gear ratios, the CVT simultaneously adjusts the diameter of the drive pulley that transmits torque from the engine and the driven pulley that transfers torque to the wheels.