Originally posted by: notfred
I still don't get why someone who's dropping $30k on a car cares if it gets 20mpg or 30 mpg.
60 months financing on a 30k car, with no interest, is $500/month.
Gas at $2.25/gallon, 1000 miles/month at 20 mpg: $112.50/month
Gas at $2.25/gallon, 1000 miles/month at 30 mpg: $75/month
Money saved on gas/month by getting the car with better mileage: $37.50
Savings as a percentage of cost of car+gas: 6%
If you include full coverage insurance, that drops down to 5% or less.
If you include the cost of financing, it's even less, probably not above 4%.
So, you have a 20% price margin as far as the car you can afford ($25k to $30k) but you're concerned about a 4% increase in costs due to gas mileage? I just don't get that.
Originally posted by: MonkeyK
Oooo, looks like I could get a V6 Accord with a navigation system for < 30K.
Originally posted by: AU Tiger
How often do you trade in? Mazdas usually do not hold their value well.
Originally posted by: MonkeyK
AAAAARRRRRRRGGGGGGHHHHHH!!!!!!
So I get home and start to talk cars with my wife and she tells me that for some reason she thinks a car should cost $15K!
This after just telling me the night before that she wanted to target 25K-30K!
On the other hand, it kind of makes it easier to buy a car since there are not many options at 15K...
Originally posted by: Kroze
Can't go wrong with Honda & their 4 cylinders workhorse. Plus their reliability rating is top notch.
I think Honda perfected the 4 cylinders segment out of all the car makers.