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Consider Fuel Efficiency
When Buying a Car
by: Fisher Swanson
When you need to buy your next automobile
make sure that fuel economy doesn't get lost in the shuffle. Buying a compact
car with good gas mileage is both friendly to the environment and your pocket
book. You will enjoy the savings throughout the life of the vehicle.
There is a lot to consider when buying a
car. If you are buying a used car the condition of the clutch, brakes, engine
and transmission will play a huge role in how much that car will cost to
operate. Even minor problems can result in $300 repairs.
With new cars you need to find the make and
model that has a proven track record and fits your needs. Make sure that fuel
efficiency plays a role in your decision making. If you emerge from the car
buying process with a fuel efficient car you will burn up less cash in your tank
and have more money to spend on things that matter.
Take advantage of what is known.
When it comes to vehicle maintenance, the
one thing you can easily and accurately predict is how much gas you are going to
use. Gas prices may fluctuate but most people can spend a week or two logging
their gas consumption and get a good idea of how many gallons they use. If you
don't already, track your gas consumption so you can use this information when
purchasing a car.
Make it the #1 priority.
One way to make sure that fuel efficiency
is considered is to start by looking at cars that get good gas mileage. Make it
the #1 priority and see where that leads you. The problem with today's car
market is car manufacturers know that gas mileage is not a major consideration
when purchasing a new vehicle for many U.S. customers.
Crunching the numbers.
When you are evaluating a car's fuel
efficiency, ask yourself how long you think you will be driving the car and
determine how much gas will cost.
Let's say you want to get a used car for
$5,000 and hope to drive it for 5 years. Below are some 5 year gas cost
estimates based on driving 15,000 miles per year and buying gas for $1.40 per
gallon. If gasoline is more expensive than $1.40, the costs will be even higher.
A Sampling of Used Cars:
1994 Ford Explorer SUV (2WD)
5 year gas estimate = $5525
1994 Honda Accord Sedan
5 year gas estimate = $3885
1994 Honda Civic DX Sedan
5 year gas estimate = $2385
A Sampling of New Cars:
2004 Ford Explorer 2WD
5 year gas estimate = $6175
2004 Honda Accord
5 year gas estimate = $3750
2004 Honda Civic Hybrid
5 year gas estimate = $2235
2004 Toyota Prius Hybrid
5 year gas estimate = $1910
This is a small sampling of cars but you
get the picture. Unless you really need an SUV or large truck, you can save a
lot of money by buying a fuel efficient compact car. You will sacrifice size and
sometimes luxury when choosing fuel economy first. Part of this is because
bigger cars and trucks are heavier and will naturally get worse gas mileage. But
it is also a function of consumers not worrying about gas mileage when they make
a decision on purchasing a new or used car.
A great site for comparing cars fuel
economy is www.fueleconomy.org. At www.fueleconomy.org you can compare numerous
makes and models of both new and used cars and set the default gas costs to
reflect the current prices. The numbers above are based on a $1.40 regular gas
price which is really hard to find right now. In the case of the 1994 Ford
Explorer you likely pay as much in gas over a 5 year span as you payed for the
vehicle in the first place.
Put fuel economy first and you will find
yourself with more money in your pocket.
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About The Author
Fisher Swanson is a regular
contributer to The ThriftyFun.com News. ThriftyFun publishes information
about thrifty living. Send an email to thriftyfunnews-on@thriftyfun.com
to subscribe to The ThriftyFun.com News.
http://www.thriftyfun.com
fisher@thriftyfun.com
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