View Single Post
Old 07-18-2008, 11:22 PM   #22 (permalink)
EcoModding Lurker
Join Date: Apr 2008
Location: New Jersey
Posts: 38
Thanks: 1
Thanked 6 Times in 3 Posts
Getting back to basics, any "deal" has to be evaluated on its own merit and compared to future worth. When gas is $4/gal you save $1. The plan as i see it is for 15000mi/yr x 3 years. The typical car today will get 25to 30 MPG. So 15000mi/25MPG= ~600 gal. or $600/yr. If gas goes to $5/gal you make double etc. It's a gamble, but not for car buying. The realistic future worth would be ~$1800 over the 3yrs. (It could also go down - at which case you got zip). But in negotiating you should be able to get $2000 additional off the price up front.

I would not fall for this deal at this time. It seems that gas cannot sustain this price level. It will go down.When????How much????
You shouldnt buy a car based on this "distraction". They get you all worked up over the $3 thing and you forget that you should be getting thousands off the sticker on a higher priced car. Watch out that you dont go broke saving money.

Personally i wouldnt waste my time on new cars that get less than 50 MPH. Until then i will keep my gas hogs and save the price of a new one. It makes no sense to buy a new big$ car that gets so-so mpg. You can buy some really great (large/cheap) used lo mile cars that get 25/30+ MPG. Dont be too hasty. Time is on your side. Next year's cars WILL get much better MPG and so on. If you need one immediately, dont fall for these gimmicks.
  Reply With Quote