Quote:
Originally Posted by JSH
I leased my 2016 Spark EV for $100 a month. $0 down, 10K miles per years, 39 months. I could have purchased it for $10,600 but EV technology is changing so fast I went for the lease.
I can't think of a cheaper way to drive a car. My 03 Jetta TDI that I bought new and kept for 10 years cost $185 per month just for the purchase and the 05 Prius I purchased used and kept for 10 years cost $187 per month.
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Maybe a new car but there are 1000 ways to spend less then $100 a month on a car and all of it's trimmings. Just the fact that you also must pay for full coverage insurance on that lease is killing your cost per mile, a 2016 costs a bunch more to liscense as well. 3 years ago I paid $3000 for a Forrester. I have put $600 into it. So there I have $100 a month. Liscense plates cost $90 one time and they are good forever. Insurance costs $17/month. Even if I drove 10,000 miles a year gas would be under $80/month. The kicker is, the car would sell for at least $3000 tomorrow. If I took a couple weeks I could get $3500 or more. Plus my car works in Montana in a foot of unplowed snow or goes 100s of miles up unto the mountains and Forrest. Don't get me wrong, I want a Arcimoto for around town but seldom is a new car going to be the lowest cost choice out there. I suppose if you were wise enough to buy a 1971 Hemi Cuda convertible you would be doing pretty good in cents per mile with a 5 million dollar current value.