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Old 10-19-2012, 01:54 PM   #15 (permalink)
RobertISaar
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Join Date: Jul 2012
Location: camden, MI
Posts: 324

MC SBX - '95 Chevrolet Monte Carlo LS
Last 3: 29.75 mpg (US)
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my cars aren't worth a damn, so that path is pretty much non-existant.

using the insight example from the article:

$5000
EPA rating of 59 highway(using newer MPG ratings)

i MIGHT be able to sell the MC for $1000.

so $4000.

8000 miles/year at 59MPG = 135.6 gallons X 3.70/gallon = $501.72 gas/year.

7.97 years to make up the difference.... still not the "Switching from an SUV to a car, will save you enough to buy a new luxury car every ten years, or an excellent used car every four years." but i'm also not doing SUV economy....

18MPG with a SUV seems reasonable, it's actually slightly less than what my dad achieves with his 99 yukon.

18MPG/8000 miles = 444.44 gallons X 3.70 = $1,644.44 a year.

the SUV will almost certainly be worth more than the $1000 my car is(for reasons i don't quite understand), but let's say $3000. so there is a $2000 gap to make up. takes 1.2 years to recoup the cost and make money off of this, assuming your tasks don't require anything more than an insight.

after 10 years, you'll have saved $11,427.20, which while it is an impressive amount, it is NOT a new luxury car every 10 years. and if you're buying lux cars, how many of them get anywhere near the fuel economy you would have to achieve to make this up?





long story short: unless you bought a wildly inappropriate vehicle for your workload, you're not going to miraculously start saving money.
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