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Old 03-05-2015, 06:52 PM   #86 (permalink)
Hersbird
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Quote:
Originally Posted by redpoint5 View Post



You mean these 2 cars? 36 vs 50 MPG.

Using the example you provided me, the Prius c and the Fiests SFE, I ran the numbers through the cost of ownership spreadsheet. I found the Prius c would have an overall cost about $1,000 less than the Ford after 10 years of ownership.

Did you run the numbers and arrive at a different conclusion?
I don't need a spread sheet. Take 10 years x 15,000 miles per year and you get 150,000 miles. So to drive 150,000 at 50 mpg you use 3000 gallons of gas. To drive 150,000 miles at 36 mpg you use 4167 gallons a difference of 1167 gallons. Even at $4/gallon (which it is 1/2 that right now you only save $4667 in 10 years but spent $5000 more in the first place. Don't get into resale because then I get to take that $5000 and invest it at least doubling the money in 10 years if not doubling it twice.
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