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Old 03-07-2022, 09:52 AM   #386
EvoFire
Los Bastardo owned my ass at least once
 
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Quote:
Originally Posted by Acura604 View Post
SCENARIO... .(and i think most of you guys are thinking this)

you have a fairly new car, low mileage can fetch a good trade in (especially in this market)...and its 100% paid for but sucks back premium gas.

would you just hang onto it and 'weather' this storm or say f it - get rid of it for an EV.

FACT is - we've hit this new $2 threshold and reality is - it ain't gonna go down significantly for potentially the foreseeable future.
you can reduce driving and maybe try to aim for a $150-$200 fillup every 2 weeks estimating $400 in fuel costs per month. maybe reduce that by around 25% by doing USA runs bundled with jerry cans.

the real question is...at what point does the return on going EV start benefiting you financially in the above scenario.?
Already having this chat with my wife, actually this morning. We don't drive much, but even then 2 tanks for gas for the X3 per month is about $250 a month. More if we make farther trips. We own the car outright and want something slightly bigger so the X5 PHEV is actually something we are considering if we can get a decent trade in. If we can go from 2 tanks of gas a month to about 1/2 tank that already saves us close to $200 for payments and we get an upgrade.
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