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Old 06-23-2011, 12:29 PM   #21 (permalink)
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Join Date: Feb 2008
Location: West Coast, USA
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B2300 - '96 Mazda B2300 SE

Focus - '05 Ford Focus ST

The red car - '00 Honda Insight
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Dunkler, sounds like you made a really good decision! I wish more people would use a little math in thier vehicle choices. Seems most decisions here in the land of cheap gas are made on emotion.

Hopefully you are getting rid of the F150. For the money you will likely spend on repairs, if you need the hauling capacity you could buy a trailer hitch and a harbor freight trailer and have 1000 lbs of carrying capacity.

My harbor freight trailer has seen alot of abuse in the 6 years I've been using it and still works well. It's really ugly now but it more than doubles the hauling capacity of the little truck. It's light too, could easily be pulled by the Fit.

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Old 06-23-2011, 12:33 PM   #22 (permalink)
The Fit is MPGo!
 
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Join Date: Mar 2011
Location: Arkansas
Posts: 87

Blue - '07 Honda Fit Sport
Team Honda
90 day: 42.71 mpg (US)

Hot Rod - '84 GMC C1500
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Hey man, thanks for the encouragement. I did sell the F150 and got out of it what I paid for it! During the couple of months that I have had this Fit, I have noticed a significant decrease in money spent on fuel and an increase in savings! I am so pleased with this car I can't hardly stand it! I am in the process of making some reversible aero mods to this car to get closer to my 50mpg mark in this thread: http://ecomodder.com/forum/showthrea...ead-17883.html
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Old 06-27-2011, 09:42 PM   #23 (permalink)
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Join Date: May 2010
Location: Mt Vernon, WA
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Black Knight - '08 Toyota Yaris
90 day: 35.39 mpg (US)
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If you're really smart you'll pay as much as you can afford on the loan for the Fit to pay it off sooner. Every extra penny you pay when you make your payments will reduce the payoff time and interest paid. Remember, when you make a payment you are first paying the interest that has accumulated since your last payment, whatever is left over from your payment goes towards the principle. Any amount over the scheduled payment will add up fast in savings. Even splitting your loan payments into 2 equal payments twice a month insted of once a month will reduce your total interest that you will have to pay as well as reduce the payoff time. If you don't believe me ask any banker and they will tell you the same thing. The banks hate it when you make more than the scheduled 1 payment per month since they lose money on the interest they could have charged you.

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