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Old 10-05-2012, 06:06 AM   #10 (permalink)
niky
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Quote:
Originally Posted by redpoint5 View Post
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?
Quote:
Originally Posted by darcane View Post
Don't forget to factor in depreciation. How much less would your Econoline be worth if those 18000 miles were put on it instead of the VW?
This is a major factor whenever computing savings. The value of the vehicle and its depreciation. Also helps that really economical cars depreciate a hell of a lot more slowly than gas guzzlers.

Of course... the vans will still depreciate when not being used, just a bit less. If you sold the van to avoid depreciation and bought the VW to replace it, you'd see positive savings, already.
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