[Blueflag]

My SUV is paid for. I had my 14 year-old daughter run the math for me, as an exercise for her to see that the MSM was hyping us all — The math problem: Let’s say we keep our Eddie Bauer 4X4 5.8L SUV Expedition for three more years. We’ll drive it 20K a year. How much would gas have to cost (right now) in order for it to make sense that we buy a new car (now) for $24K that gets twice the gas mileage of our Expedition?

Her answer: ~$14/gal. (I got a higher number, but she got the point)

p.s. Good thing the ole’ ‘97 Mustang REAR-WHEEL DRIVE, CONVERTIBLE gets 32 MPG on the highway ;-) ... if not very quickly

Impact:

[sauropod]

That’s precisely the argument I’ve been making to people.

[endthematrix]

I had to shake my head at a coworker who bought a newer Hemi a few years back. He had a long commute but had to have the Jeep, I guess. So gas costs hurt (duh). His “solution” was to buy a second car that was cheaper on gas. SO with saving money being the key factor, he spends over $3000 on a used car (that immediately needed expensive brake work) that wasn't that great on gas. “Three grand can pay for alot of gas.” “Why not invest it or reduce your loan on the 1st car? (saving on interest)”