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Unread 06-09-2005, 03:57
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Re: Gas prices and you

Quote:
Originally Posted by KenWittlief
Sit down with a calculator and figure out how much your car costs you a month.

If you bought your car new start with the sticker price and sales tax, and figure it will last you 120,000 miles

add in yearly registration, your yearly insurance, oil and maintenance costs, tires, batteries

figure out how long you will own the car - then divide it out and see how much it cost to drive per mile?

then take your gas milage and figure out how much more it cost with the present price of gas?

even at $5 a gallon, the gasoline is only a small percentage of what it costs to drive a car.

for example, if you get 30mpg then at $3 a gallon your fuel cost is 10 cents a mile - but I think you will find all the other costs of owning a car are around 30 to 35 cents a mile

even at $5, the fuel cost is only 17 cents a mile. Thats still very cheap compared to the cost of the car itself.
but even at 30 mpg it will cost you $20000 for petrol over the time. depends how quickly you use it ... if your doing a few hundred a day it will be expensive as you will need a new card sooners
however some cars are better such as the renault megane will do around 45 miles per gallon
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