Thanks for that calculator, Arminius. It's a real time saver. I found out that to justify dumping my paid-for Cavalier for a new Corolla, I'd have to drive 245,000 miles per year! I suppose the calculator is geared towards immediate monthly cost as it doesn't take loan term length into consideration.
Looking at only the next 5 years...
I'd have to drive 70Kmi/year to justify buying a used Corolla at $7K.
I'd have to drive 125Kmi/year to justify buying a new Prius.
Going "green" can come at a steep price, which is why I'm not overly concerned about "greenness". I wonder how many idiots dug themselves a deeper hole financially by buying a new "green" car because of the relatively minor costs of fuel.
Last edited by JohnnyGrey; 05-14-2008 at 12:24 PM..
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