Others have covered the problems with this. However if you live in certain US cities that are close to Canada there may be a work around.

Actually move to somewhere across the border and live in Canada. As a US citizen living in Canada crossing into the US for visits, even fairly long ones, has little or no hassle and you can bring your Canadian car.

For example if you are in Detroit, move to Windsor, Ontario. Outside of peak congestion times it is 10-20 minutes to get to or from Detroit. That's quick enough that this could work out even if you do almost all of your activities outside of your home in Detroit.

BTW, there are also cities on the south border of the US where this works (with Mexico, not Canada!), but in many of those the cities on the Mexican side have somewhat of a crime problem so you would have to be a lot more cautious in picking a place to live there.