TwinTurbo.NET: Nissan 300ZX forum - this is what's sad, is people don't "get it".
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Subject this is what's sad, is people don't "get it".
     
Posted by SactoTodd on April 08, 2005 at 6:53 PM
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In Reply To Great explanation (n/m) posted by ENVYMYZ on April 08, 2005 at 06:41 PM
     
Message And by "get it", I mean the long term thinking about money and saving and spending it.

Let's say someone owns a '99 Ford F150, with the bigger 5.4 v8. Probably gets in the neighborhood of 15 mpg. Let's say it's worth about $11,000.

This someone could sell it, and then buy a $20k civic, that gets 40 mpg.

Insurance goes up, since the new car is worth more. In Ca, registration goes WAY up, since it's based on the value of the car.

But the biggie is the $9k that the person needs to come up with to pay the differnce between $11k selling price of the truck, and $20k purchase price of the higher mileage car. That $9k would buy 3750 gallons of gas @ 2.40 gallon, which would take the F150 56,250 miles of travel.

Capiche?

Plus, I'd wager that most people owe money on their current car, and would have to finance the new car, making the whole money thing worse.


I'm done being nice...some of you are just plain fucking stupid lately - SeedyROM 16:38:52 02/10/05


     
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