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08-02-2008, 04:57 PM #1
neat calculator to see if its worth getting rid of your gas guzzler for a more fuel
this handy calculator tells you if it is worth getting rid of your gas guzzler for a more fuel efficient car. Pay off time and gas savings per month.
08-02-2008, 05:36 PM #2
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Right now for me even though I drive a Ford Explorer it is paid for. (it better be it is a 1997) I don't drive that much in a month. With these high gas prices I fill up twice a month for about 120.00 - 150.00 total. Still far less than a car payment would be. I have to drive the thing into the ground till I am going to get something newer.
Next time though I am going for a small car for sure.
Thanks for the link!
Last edited by jas; 08-02-2008 at 05:36 PM.
08-04-2008, 01:55 AM #3
Ha! my 2005 Impala gets better milage than a 2008 malibu and they said to keep my car rather than get worse milage and be on the wrong side of $6000.
Besides my car was bought used in 2006, only has 38,000 miles and I only owe 6,700 on it but the blue book says it is wirth almost $11,000.
I just found the whole thing funny. My Blue Belle rocks LOLOL!
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08-04-2008, 08:56 AM #4
HAHAHA to trade in my ford explorer and get a chrysler sebring like I want. 229 months to start saving..19 years. And only save $50 a month. LOL. Thanks.
Even with the ford paid off, makes no sense. I think I will keep this til it dies.
Last edited by LexTysMommy; 08-04-2008 at 08:59 AM.
08-04-2008, 11:15 AM #5
My pay off was 14 years! LOL I'll still get a new car eventually though as mine is not old but mileagew is getting very very high. However that calculator told me gas milegage isn't an excuse.
08-04-2008, 11:59 AM #6
I did the calculator and it doesn't give me any months to break even, but I'll save $60 a month in gas in switching from a CR-V to a Fit. Probably because I'm going to a less expensive car?
08-04-2008, 12:06 PM #7
08-10-2008, 12:04 PM #8
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Is it just me, or is the "months to break even" only meaningful if you outright own the first vehicle? I still had a lot to pay on my gas guzzler, so I think the calculation would necessarily be different.
The calculator is a little misleading. Any time you get rid of something old and of lesser value and replace it with something shiny and new, it's going to set you back some cash! Kind of a no-brainer...
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