Quote:
Originally Posted by Joggernot
Let's see...
$712.24 reimbursement
-151.82 for gas
$564.42
-400.00 for year for car ins. (scrap title, no comprehensive)
$164.42 left for wear and tear on the car
Texas highways don't have potholes, I do my own oil changes @$30, its a scrap car title so no more depreciation, probably $10 cost off the tires (1250/60000*$500), maybe another $5 for suspension,...
With this car it works out in my favor. If I had a nice new car without a scrap title, I might not break even.
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I too drive a car where the next owner will probably be the crusher, but not everybody does. One of my co-workers bought a new truck when his Tahoe crapped out and he hated putting miles on it. Now he has a company car instead and couldn't be happier. Depreciation is the biggest expense, but without it the extra money is nice.