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.
CVT is available in the Honda Civic, Honda Jazz Hybrid, Honda Insight and Honda CRZ replacing the conventional 'automatic' transmission. CVT fully complements these low emission engines. The transmission automatically selects a gear which is nearest to the current road speed.