Quote:
Originally Posted by spacemanspif
I have a clickable link in my sig if anyone's wants to dispute my cost of ownership please critique my formulas. The "cents for mile" is strictly for fuel, not the rest of the car ownership. All cars will come with their own maintenance issues and all so I'm not worried about those. Was just running the exercise to see how long it would take a more fuel efficient car to pay for itself if we got her a new car. The plan would be to buy a used car cash and sell the LGT to offset the cost. Figure $6,000 to sell it, buy a car around $14,000 and see how long it would take to recoup the $8,000....which is a really long time for a car costing approximately 8 cents/mile.
I need to look into the fusion but my "old school" nature likes the idea of just an engine, trans and wheel and no extra stuff to gum up the works. As time goes on it looks like we are destined for hybrid drives and turbo engines so my idea of simplicity is clearly outdated and fading away.
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If you can sell the LGT for $6,000, a high mileage Pip (it's a base) is only ~$7000+. You would be break even after ~30k miles, and be ahead after that, assuming you're paying $1.90/gallon.
https://www.cargurus.com/Cars/invent...ting=193701370
Or spend a little more and get a lower mileage/cleaner car. Break even would be at ~120k miles.
https://www.cargurus.com/Cars/invent...ting=193799025