Gas prices, "suck it Trebec"
So with the cost of gas escalating like you wouldnt believe I have started to consider buying a better gas mileage car.
background: I own (paid cash for) 2004 Saturn Vue 5 speed. I get average of 25mpg. it cost me over $50 the other day to fill up. I can not believe that I am spending nearly that much every week to drive to work. I was thinking about it the other day. I spend all this money on gas, and why? So I can drive to WORK!! Ok so I chose to live 25 miles from work. But I like where I live and like that it takes me a little while to get home. Its a nice wind down period.
So with a paid off car I can keep it and buy a new better gas mileage car, or sell it and put it towards a better gas mileage car.
I am eyeing a Smart car . We are talking about a commute car mainly. If I am going to be travelling, then this would be the car. Shopping and other "chores" would require the use of the Vue. So for about 15K you can get a pretty pimped out Smart car. We are talking 33/41 MPG. So with a average of 37 MPG you are looking at 300 miles per 8 gallon gas of gas. That is $28 per week on gas!!! That is perfect for me to commute to work with room to spare.
So the dilemma. Do I keep my paid for car since it would be nice to have a car that has decent room in size to move large items or sell it and put the $ towards the new better gas mileage car? I guess it depends on what my bank will give me for a car loan. I am going to check with BoA and see what 15K car loan would run me every month.
Here are some pics.
