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Easy Peasy Lemon Squeezy
This exercise requires a pencil, paper, magnet, calculator, telephone book, telephone, and a refrigerator. If you want to get fancy, borrow a nice spreadsheet program like Lotus-1-2-3, a Commodore 64, and a Motorola DynaTac 8000X mobile.
1. Identify the number of times you will use the truck in a year's time.
2. Use the phone book to call vehicle rental agencies or home centers for a rental quote.
3. Take the calculator and tally the operating costs, insurance, fuel, depreciation and additional expenses of the truck. Subtract the rental charges (I even encourage you to develop a "convenience" value to subtract). Do the same for an efficient vehicle with low-op costs and compare the costs.
4. Calculate the money saved and retain the number.
5. Write the savings on the paper and use the magnet to post it on the fridge as a daily reminder.
In few instances, you may need to tow your boat, or other classic Chrysler to car shows (in which a truck is necessary and may be a good option to park in the off-time and have a low-cost daily driver).
Otherwise, this exercise saved my household several $1000's of dollars.
If the issue of safety is brought up, there are several here to argue the point.
RH77
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“If we knew what we were doing, it wouldn't be called research” ― Albert Einstein
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