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I can see hypermiling adding a bit of wear to the car , like a little added wear on the clutch, from added use, and maybe less life of the starter if your shutting down the motor more often.
As for time, the add to my 30 mile commute is minimal and I don't make huge cash so it well worth my added minutes to save on fuel. My time is vary valuable to me and don't have enough but I use drive time to ponder and just take in the nature around me.
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