It is.

And that is my response when someone asks about a spare tire, cheap gas, etc.

I have a secret to making my tires last - I bought a Ford Ranger to drive and put all the miles on - saving the car. These really are not a suitable "daily driver"; sure, you CAN do it. And I did it for almost 5 years. But after wrecking mine and replacing it with a LOW miles 07, I went out and bought a ten year old pickup. Best move I made in a long time.