Never owned a car until very recently. Living in a city a few miles from my work place, this hasn't been too much of a problem – it sometimes causes logistical issues, you have to put up with a few days a year when the weather makes things properly miserable, and you do tend to end up blagging lifts or even sometimes hiring a vehicle to buy bulky things, visit people or go riding.
On the plus side you never have to worry about tax, insurance, MOT, petrol prices, repairs, parking, people denting your pride and joy when you're in the supermarket and a short journey taking three times as long as it should. My car has sat on the drive for nearly the entire month I've had it.