As some of you may know, I drive an insane amount of miles for work; 250 - 400/day, although 400 is a little more rare, 350 is not.
Anyway, I need something that gets better MPG. It could have a great impact on my finances.
Numbers:
I'm currently averaging about 325 miles/day. We'll also use the current gas price of ~$2.60/gal.
At ~25MPG, I would use 13.0 gallons/day at a cost of $33.80/day, $169/week, $777/mo.
At ~30MPG, I would use 10.8 gallons/day at a cost of $28.10; $140/week, $646/mo
At ~35MPG, I would use 9.3 gallons/day at a cost of $24.18; $120/week, $556/mo
At ~40MPG, I would use 8.1 gallons/day at a cost of $21.12; $105/week, $485/mo
At ~45MPG, I would use 7.2 gallons/day at a cost of $18.72; $93/week, $430/mo
And finally, at 50MPG, I would use 6.5 gallons/day at a cost of $16.90; $84/week, $388/mo
Now, I doubt I could get 50MPG average or more, even with a hybrid.. But still, it illustrates how much I could save by getting a more fuel efficient vehicle. That saved money could go directly towards the new car payment if necessary.
I'd like to buy brand new, but I might have to wait a while as I don't know if my credit is good enough. Will credit impact my ability to buy a brand new car, or will it just affect my interest rate?
I think my two choices pretty much boil down to either a hybrid or a TDI.
Currently, I'm averaging 26.5MPG. :Q
If I could get that to 35mpg, I would save around 200$/mo, which would pretty much pay for the new car by itself.
Now the question remains.. what should I get? Reliability is the biggest concern. I honestly don't know how reliable the TDIs are.
Anyway, I need something that gets better MPG. It could have a great impact on my finances.
Numbers:
I'm currently averaging about 325 miles/day. We'll also use the current gas price of ~$2.60/gal.
At ~25MPG, I would use 13.0 gallons/day at a cost of $33.80/day, $169/week, $777/mo.
At ~30MPG, I would use 10.8 gallons/day at a cost of $28.10; $140/week, $646/mo
At ~35MPG, I would use 9.3 gallons/day at a cost of $24.18; $120/week, $556/mo
At ~40MPG, I would use 8.1 gallons/day at a cost of $21.12; $105/week, $485/mo
At ~45MPG, I would use 7.2 gallons/day at a cost of $18.72; $93/week, $430/mo
And finally, at 50MPG, I would use 6.5 gallons/day at a cost of $16.90; $84/week, $388/mo
Now, I doubt I could get 50MPG average or more, even with a hybrid.. But still, it illustrates how much I could save by getting a more fuel efficient vehicle. That saved money could go directly towards the new car payment if necessary.
I'd like to buy brand new, but I might have to wait a while as I don't know if my credit is good enough. Will credit impact my ability to buy a brand new car, or will it just affect my interest rate?
I think my two choices pretty much boil down to either a hybrid or a TDI.
Currently, I'm averaging 26.5MPG. :Q
If I could get that to 35mpg, I would save around 200$/mo, which would pretty much pay for the new car by itself.
Now the question remains.. what should I get? Reliability is the biggest concern. I honestly don't know how reliable the TDIs are.
