Total cost to ownership I am killing it in my big truck.
I have kept good records since i purchased the truck and have a cool little app on my phone that keeps all of my fuel and maintenance costs and runs the numbers for me.
My big advantage is parts are dirt cheap and I do all of my own work. Since I bought it nothing has needed repair other than what I knew already and general maintenance. My big downfall is I am in a state with the highest auto insurance rates in the country. I only carry basic coverage on the truck because its value is next to nothing.
I have only had this for almost a year and even with bad fuel mileage the cost of ownership will be great the longer I keep it. right now I am @ $6.98 for a day overall minus insurance. My new insurance policy costs $398 a year with basic coverage which is $1.09 for a grand total of $8.07 a day ...
Next year I won't have the vehicle purchase expense and other expense like tires rims and the cost of Paint that I had this year.
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2012 Chevrolet Traverse *active*
2002 Oldsmobile Alero GLS *active*
2002 S10 2wd p/u 139,000mi. *active*
1975 Corvette Stingray *active*
1994 Camaro Z28 Convertible 149k *Sold 2013*
1998 Blazer ZR2 189k *Sold 2012*
1995 Tahoe LT 250k *Sold 2011*