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Old Mechanic,
I agree the cost analysis has to be done to justify a new car.
If I were driving a normal amount, I would probably drive a beater. I lack the mechanical skills to do more than very basic maintenance on a car. I'm on track to drive about 35,000 miles during my first year of ownership and realized that the F-150 I was driving was going to be too expensive to keep around. I looked for a about a month for a reliable used car with good fuel economy. What I ran into was that the used market was expensive and very few fuel efficient cars were for sale near me. I started running out of time before school started, so I began looking at new cars. For me the deal worked out that I ended up with a lower payment, lower insurance, and burning about 1/3rd of the fuel.
Kirk
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