Quote:
Originally Posted by Varn
I have done some numeric analysis on owning an extra economy vehicle. I bought an economy car two years ago and have been keeping track of fuel usage since. I have saved 1400 in fuel driving 31,000 miles. The VW has put on 18000 of the 31000 miles. My other two cars are not built for economy, an Econoline and a Windstar.
I have a purchase price of 2000 on the VW I figure another 1000 in repairs, service and insurance. Perhaps in two more years I will break even. Glad that I didn't start with a new or late model Prius.
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Your VW is worth more than $0 isn't it? The current value of the car plus the fuel savings might have you in the positive already. While the car may not be money in the bank, it can easily be sold for money in the bank and should be considered an (depreciating) asset.
Why do you need 2 vans? Can you sell one?