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May 28, 2006

The True Price of Cheap Fuel

Lately I've gotten reports about people trolling car lots looking for a new more fuel efficient vehicle. The excuse given is that they're looking for ways to save money because the price of fuel is so high. Well, hate to burst their bubble, but purchasing a more fuel efficient vehicle doesn't always give the savings people envision. Why? Well, you need to figure in new vehicle costs also. For example, I don't owe anything on my Pathfinder, but it gets 17 MPG. If I bought a Jetta TDI that gets 40 MPG I would probably lose about $240 USD per month! Great way to save money, LOL.

To help people figure out some of these costs I put together a calculator that takes fuel costs into consideration. Check it out here [hazelnutcafe.net].

Posted by Guy at May 28, 2006 9:37 AM