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The Water Cooler
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Why all the hate and prejudice towards...
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<blockquote data-quote="68mustang" data-source="post: 1969941" data-attributes="member: 9584"><p>You went from a 19mpg car that I'm going to assume was paid off to a new prius that was probably 25k? How much do you drive the car a year? Let's say 25000 mi. </p><p></p><p>25000mi/19mpg = 1315.8ga*$3.55 = $4671 a year to drive your Lexus</p><p></p><p>25000mi/57mpg = 438.6*$3.55 = $1557 a year to drive your prius</p><p></p><p>Now, $4671-$1557 = $3114 in savings per year. </p><p></p><p>$25000/$3114 = 8 years to pay off the extra cost of the prius with no interest added. </p><p></p><p></p><p>But since you had a reason to buy one then it was probably a good decision on your part. A lot of people will trade in a perfectly good vehicle in the interest of "saving money".</p></blockquote><p></p>
[QUOTE="68mustang, post: 1969941, member: 9584"] You went from a 19mpg car that I'm going to assume was paid off to a new prius that was probably 25k? How much do you drive the car a year? Let's say 25000 mi. 25000mi/19mpg = 1315.8ga*$3.55 = $4671 a year to drive your Lexus 25000mi/57mpg = 438.6*$3.55 = $1557 a year to drive your prius Now, $4671-$1557 = $3114 in savings per year. $25000/$3114 = 8 years to pay off the extra cost of the prius with no interest added. But since you had a reason to buy one then it was probably a good decision on your part. A lot of people will trade in a perfectly good vehicle in the interest of "saving money". [/QUOTE]
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