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What kind of gas mileage do you get?

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patrickl:

--- Quote from: danny_galaga on May 01, 2008, 06:16:29 am ---i agree with paige on depreciation too. once you get to a certain age in a car, the depreciation is a lot less comparably.
--- End quote ---
It's less only in an absolute sense. Most cars generally lose half their value every 4 to 5 years. So relatively the price drop is still comparable. Of course going from 2500 to 1250 is less money in an absolute sense, but it's still half of the value you started with. Maybe that's a dutch thing, but I seriously doubt it.


--- Quote from: danny_galaga on May 01, 2008, 06:16:29 am ---maintainance costs really are zero if you do it yourself.
--- End quote ---
Well it costs you your free time. It depends on how high you value your time. If you think free time is worthless then sure the cost would be "zero".

It gets even worse if you can easily get money for your time. If I spend an hour extra on my clients I make a helluvalot more money than if I would if I spend the time on my car.


--- Quote ---i can also say i saved $764/month with MY car because i didnt buy YOUR car!
--- End quote ---
But then if you were driving your car here the bill would be twice as high too.

Besides for me the new car is a lot cheaper than my previous car. I drove an Audi TT for 6.5 years and that one cost about $1,600 a month. At the end it was racking up $3000 maintenance bills per year. Not so much because it was breaking down, but simply because the parts, that need to be replaced now and then, cost a fortune. New tires alone would cost $1,500. The only thing that surprised me was how little I save on my fuel bill. At best the Honda use 20% less and that's only because I drive a lot slower than before.

danny_galaga:

you missed the bit where i said 'i can sell it for the same price or even more'...

an hour of your time does tie into that relative term of 'considerable expense' since maybe you could earn $200/hour while i earn about $17.50/hour. but money is money. if i earnt $200+/hour i would still be inclined to drive a junker (thats probably the dutch in me  ;))

patrickl:

--- Quote from: danny_galaga on May 01, 2008, 07:27:28 am ---
you missed the bit where i said 'i can sell it for the same price or even more'...
--- End quote ---
You missed the bit where I said "Most cars". Sure if you have a classic then it might not lose much value, but a general car like a Toyota starlet, Corolla or VW Golf will depreciate at a reasonably steady rate.


--- Quote ---an hour of your time does tie into that relative term of 'considerable expense' since maybe you could earn $200/hour while i earn about $17.50/hour. but money is money. if i earnt $200+/hour i would still be inclined to drive a junker (thats probably the dutch in me  ;))
--- End quote ---
It's determined by the fact that if you make more or less than the cost of letting someone else do the work. When I need to pay someone $25 to do something and I make a lot more than that myself, I let this someone do it and I spend my time on making my own money. In the end I come out with more money that way.

danny_galaga:

--- Quote from: patrickl on May 01, 2008, 07:36:01 am ---It's determined by the fact that if you make more or less than the cost of letting someone else do the work. When I need to pay someone $25 to do something and I make a lot more than that myself, I let this someone do it and I spend my time on making my own money. In the end I come out with more money that way.

--- End quote ---

exactly!! so if you bought a second hand car, and you let someone else fix it for you you'll come out with more money!

i'm glad you finally agree with me  :D

patrickl:

--- Quote from: danny_galaga on May 01, 2008, 07:42:58 am ---
--- Quote from: patrickl on May 01, 2008, 07:36:01 am ---It's determined by the fact that if you make more or less than the cost of letting someone else do the work. When I need to pay someone $25 to do something and I make a lot more than that myself, I let this someone do it and I spend my time on making my own money. In the end I come out with more money that way.

--- End quote ---

exactly!! so if you bought a second hand car, and you let someone else fix it for you you'll come out with more money!

i'm glad you finally agree with me  :D

--- End quote ---
Have I ever not agreed on that point?

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