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Old 03-13-2022, 12:17 PM   #3 (permalink)
Ecky
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Join Date: Dec 2011
Location: New Zealand
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ND Miata - '15 Mazda MX-5 Special Package
90 day: 39.72 mpg (US)

Oxygen Blue - '00 Honda Insight
90 day: 54.69 mpg (US)
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Quote:
Originally Posted by Blacktree View Post
The Honda Fit looks like a clear winner to me. Or was the price a typo?
No, that's about correct. A pile of dirt of equal mass would likely be more expensive. Granted, it would be an automatic at ~$1500. Manuals with low odometers look to start around $3000 NZD. I'm not sure how I'd feel about driving an automatic though.

EDIT: An additional possible factor is that something like a Miata has hit the bottom of its depreciation curve, and it ought to retain most of that value as long as it is maintained. It does tie up money. The Fit and Insight, likewise, are not going to depreciate further. I'm unsure of the future of a Leaf, given battery degradation. The $20,000 Leaf will probably become a $9,000 Leaf eventually, whereas the $9,000 one will likely lose its useful value without a battery replacement at some point.
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Last edited by Ecky; 03-13-2022 at 01:54 PM..
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