Keri Lea
If I can get a better deal on an SUV right now say 8000 dollars less than its value right now is it better than buying a new car that gets good gas mileage?
Answer
If the SUV gets 20 mpg and the car gets 30 mpg then that's 30% extra. So it'll be like $2000 of gas vs $3000 in gas. So the rate of return is like 8 years with your numbers. Not counting depreciation or cost of insurance or cost of maintenance.
If the SUV gets 20 mpg and the car gets 30 mpg then that's 30% extra. So it'll be like $2000 of gas vs $3000 in gas. So the rate of return is like 8 years with your numbers. Not counting depreciation or cost of insurance or cost of maintenance.
What luxury cars get great gas mileage?
Ara
Looking for 2010, 2011 or 2012 luxury car for around 30,000 with close to 40 mpg. My wife and I don't want to settle for a Prius or Civic, but we do want good MPG because we drive so much. Is this possible without spending too much more?
Answer
If you take a closer look at the Prius, you'll see that you aren't "settling". It has many of features only found in luxury cars. It's a mid-sized car, not a compact like the Civic, so room is not a problem.
Note that decent luxury cars start at about $45,000.
My 2004 Prius has cost 12 cents per mile for dealer maintenance, tires, and fuel combined over the 120,000 trouble-free miles I've driven it so far.
My 2004 Prius MPG from the logbook. (Complete years only):
2003-2004 -- 50.8 mpg 17,628 miles
2005 -- 52.6 mpg 14,688 miles
2006 -- 56.3 mpg 16174 miles
2007 -- 57.3 mpg 18384 miles
2008 -- 59.9 mpg 21755 miles
2009 -- 61.4 mpg 16177 miles
2010 -- 65.2 mpg 12134 miles
http://www.ctvbc.ctv.ca/servlet/an/local/CTVNews/20110125/bc_olsen_prius_reliability_110125/20110125?hub=BritishColumbiaHome
If you take a closer look at the Prius, you'll see that you aren't "settling". It has many of features only found in luxury cars. It's a mid-sized car, not a compact like the Civic, so room is not a problem.
Note that decent luxury cars start at about $45,000.
My 2004 Prius has cost 12 cents per mile for dealer maintenance, tires, and fuel combined over the 120,000 trouble-free miles I've driven it so far.
My 2004 Prius MPG from the logbook. (Complete years only):
2003-2004 -- 50.8 mpg 17,628 miles
2005 -- 52.6 mpg 14,688 miles
2006 -- 56.3 mpg 16174 miles
2007 -- 57.3 mpg 18384 miles
2008 -- 59.9 mpg 21755 miles
2009 -- 61.4 mpg 16177 miles
2010 -- 65.2 mpg 12134 miles
http://www.ctvbc.ctv.ca/servlet/an/local/CTVNews/20110125/bc_olsen_prius_reliability_110125/20110125?hub=BritishColumbiaHome
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