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45 MPG for my Fiesta is 2222 gallons versus 1000 gallons at 100 MPG, for 100k miles.. At $5 per gallon that's $6110 in additional fuel cost. I paid $10k for the Fiesta. Would I pay another $6119 for 100 MPG? Sure, but at that additional up front cost I am breaking even after 100 k miles.
How much will the Fiesta be worth at 103k miles compared to the 100 MPG car's depreciation at the same mileage? I would guess the depreciation would be more than I paid for the Fiesta, probably a lot more.
Now let's say I buy a used Leaf for $19k, and ignore the wife's complaining about the higher electricity bill. I guess I already have the option of buying a 100 MPG car as long as I am willing to accept the limited range.
I have the cash to make that purchase, but it is still sitting in the bank.
regards
Mech
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