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Real cost of your auto
Old 08-18-2007, 02:34 PM   #1
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Real cost of your auto

This article only lists the 10 best and worst, but it does make me feel good about not buying that Mercedes a few years ago.

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Want to select a car that will cost you less to keep over the years? Consider a simple family sedan instead of an SUV or luxury model. "SUVs are more expensive to maintain and to insure," says Rosten. Both SUVs and luxury cars also tend to use more gas.
Cars that cost the most or least to own (Page 1 of 3)
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Old 08-18-2007, 04:09 PM   #2
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Yeah! Honda civic at number 3, right behind the #1 Aveo (only $750 more expensive). Plus you can say that you don't drive an Aveo! Not that there's anything wrong with that.
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Old 08-18-2007, 05:14 PM   #3
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I have a 2000 Dodge Dakota Quad cab 4x4 90K miles so far - I haven't had to do any repairs - major expenses - battery & tires to date.
I get about 20 mpg highway and 16 in the city.
I'm expecting to get over 200K+ miles on this thing.
How many miles can you expect on the honda or Aveo?
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Old 08-18-2007, 05:44 PM   #4
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I just ran the numbers on DW's 92 Crown Vic. Just about $38k for 16 years. I'm never going to get rid this little puppy, I don't care what kind of mileage the new ones get.

It's only got 33k miles and so far I've spent less than $1k for tires, batteries and exhaust systems and oil.

I guess if you want economy, you're going to pay for it.
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Old 08-18-2007, 06:48 PM   #5
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How many miles can you expect on the honda or Aveo?
Honda - probably 200,000-300,000. Maybe more.

Aveo - 60,000 maybe?
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Old 08-18-2007, 07:32 PM   #6
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Try putting your vehicle in at Edmunds.

It only has data for 2003 and newer. Mine are too old now.

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Old 08-18-2007, 08:50 PM   #7
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maybe this is why i can't balance my checkbook. what am i missing here? edmunds shows a 911 turbo true cost of $135,186 (including $25,299 interest charges) on a car with initial cash price of $135,039.

it shows the aveo as costing $13,770 but it has true cost of $32,583 including $2,753 interest charges.

so assuming the 911 guy didn't just plunk down a pile of cash for the car while the aveo guy financially needs to finance, and considering all the extra fun the 911 guy gets, isn't his real cost still relatively much less than the aveo guy?

the aveo guy is spending $.43 per mile to drive a $13,770 car while the 911 guy is spending $1.80 per mile to drive a $135,039 car. so for only 4 times the money you get to drive almost 10 times the car? guess the aveo doesn't sound like such a good deal after all.
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Old 08-20-2007, 02:04 PM   #8
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My 2003 Accord came in at $.40 a mile.

And I KNOW it rides better than an Aveo...........
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Old 08-21-2007, 09:19 AM   #9
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Originally Posted by justin View Post
Honda - probably 200,000-300,000. Maybe more.

Aveo - 60,000 maybe?
Then the Honda would be less expensive to own than my pick up. Then again.......
Small Car Sales Up Despite Death Risk - AOL Money & Finance
Small cars and death.
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Old 08-21-2007, 01:44 PM   #10
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Then the Honda would be less expensive to own than my pick up.
"But you can't simply buy a big, heavy vehicle and assume you're safe. Studies show that extra weight does little or no good after about 4,500 pounds, roughly the weight of a minivan or midsize SUV. And the heaviest vehicles, full-size pickups, have driver death rates about the same as small cars."

You might want to save your money and buy the Honda after all!
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Old 08-21-2007, 01:50 PM   #11
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My Accord weighs about 3300 pounds, double what the first Accords did in 1976, and has side airbags, ABS, traction control and 4-wheel disc brakes.

I think that's more safety than a lot of cars I see.......
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Old 08-21-2007, 02:43 PM   #12
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Anyone that even have a fleeting thought of buying said 911 turbo should be banished from FIRE forum.

I think the true cost (if I do all my repairs, is it an untrue cost?) curve of cars as function of selling price is non linear. Think $/sq-ft for homes.
It doesn't approach zero if you have a cheap car.
Well maybe, for this car:

http://economictimes.indiatimes.com/...ow/1715105.cms

when you buy porsche you're subsidizing their racing and their auto workers' 2 months summer holidays.



Quote:
Originally Posted by lazygood4nothinbum View Post
maybe this is why i can't balance my checkbook. what am i missing here? edmunds shows a 911 turbo true cost of $135,186 (including $25,299 interest charges) on a car with initial cash price of $135,039.

it shows the aveo as costing $13,770 but it has true cost of $32,583 including $2,753 interest charges.

so assuming the 911 guy didn't just plunk down a pile of cash for the car while the aveo guy financially needs to finance, and considering all the extra fun the 911 guy gets, isn't his real cost still relatively much less than the aveo guy?

the aveo guy is spending $.43 per mile to drive a $13,770 car while the 911 guy is spending $1.80 per mile to drive a $135,039 car. so for only 4 times the money you get to drive almost 10 times the car? guess the aveo doesn't sound like such a good deal after all.
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Old 08-21-2007, 03:51 PM   #13
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Anyone that even have a fleeting thought of buying said 911 turbo should be banished from FIRE forum.
Nah! You just move the cost of the line item in your budget from core transportation to er ah entertainment?

heh heh heh heh heh heh - after the basics - you gotta party somehow - right?
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