Daily Driving Tow Vehicles
How many people daily drive their tow vehicle? I sat down and did the math and the lease payment + fuel + insurance for a basic Chevy Cruze to commute to work in was cheaper than just fuel to com...
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Yea, I daily drive my F350, if I only drive to and from work that is 21,840 miles per year. Again only commuting....
I created a spreadsheet to see what if any justification I would have to buy a chevy spark or even a used car.
I found out I would save $4,212 per year in fuel between the two vehicles, so that would pay for the spark in 3 years if I paid full retail of $12,500.00.
I'm looking for a used car now. I might take my daughters 2000 neon and get her a newer car for college that I won't have to work on ;)
Here is the numbers
Ford F350, Powerstroke 4.10 gearing, avg 14mpg at 21840 miles per year at $3.95 p/gal = $6162.00 per year in fuel
Chevy Spark at 42mpg for $3.75 p/gal @ 21,840 miles p/yr = $1950,00
a difference of $4,212.00 per year.
Price of spark is $12,500 / $4212 = 2.97 yrs to pay off just using money saved by fuel difference.
I created a spreadsheet to see what if any justification I would have to buy a chevy spark or even a used car.
I found out I would save $4,212 per year in fuel between the two vehicles, so that would pay for the spark in 3 years if I paid full retail of $12,500.00.
I'm looking for a used car now. I might take my daughters 2000 neon and get her a newer car for college that I won't have to work on ;)
Here is the numbers
Ford F350, Powerstroke 4.10 gearing, avg 14mpg at 21840 miles per year at $3.95 p/gal = $6162.00 per year in fuel
Chevy Spark at 42mpg for $3.75 p/gal @ 21,840 miles p/yr = $1950,00
a difference of $4,212.00 per year.
Price of spark is $12,500 / $4212 = 2.97 yrs to pay off just using money saved by fuel difference.
