An open question.
Gas prices have been uncertain for the past 10+ years, with every new scare changing prices, often on a daily basis.
With the average household vehicle travel per year at about 12,500 miles...
If the average MPG is 25, and the average cost of gas is $3.70/gal., that gives an annual fuel cost of $1850. Should the cost go to $5.00/gal. it would mean an increase of $650.
Do gas prices affect your driving habits?
...........................................................................
Perhaps just as important... Have you calculated the actual fuel $$$ savings that you have gotten or would get from changing to a more fuel efficient car? Are the long term savings enough to guide the decision?
..........................................................................
In our case, with two old cars... 98 Lincoln Town Car and a 96 Cadillac SLS... and considering that our annual mileage is now very low (6000 to 8000 miles/yr.) it doesn't make sense to buy new. Our current MPG for both cars averages 21. Even if gas prices should triple or quadruple, we couldn't justify
25K to 30K for a new car.
Gas prices have been uncertain for the past 10+ years, with every new scare changing prices, often on a daily basis.
With the average household vehicle travel per year at about 12,500 miles...
If the average MPG is 25, and the average cost of gas is $3.70/gal., that gives an annual fuel cost of $1850. Should the cost go to $5.00/gal. it would mean an increase of $650.
Do gas prices affect your driving habits?
...........................................................................
Perhaps just as important... Have you calculated the actual fuel $$$ savings that you have gotten or would get from changing to a more fuel efficient car? Are the long term savings enough to guide the decision?
..........................................................................
In our case, with two old cars... 98 Lincoln Town Car and a 96 Cadillac SLS... and considering that our annual mileage is now very low (6000 to 8000 miles/yr.) it doesn't make sense to buy new. Our current MPG for both cars averages 21. Even if gas prices should triple or quadruple, we couldn't justify
25K to 30K for a new car.
Last edited: