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.
This difference between the automatic transmission and CVT is the number of gears. The automatic is limited to 4 to 9 gear ratios and there are definite or noticable changes between the gears and this is felt during driving. The CVT has what is termed an infinite number of ratios ranging from low to high and the transmission move through the gears steeplessly according to the driving situation.