Quote:
Originally Posted by JohnnyGrey
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.
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Let the rich people who want to impress their pseudo-green friends and the people who are bad at math buy those cars. Then they will saturate the used car market with them and it will then make sense to buy one.