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| What is the cheapest MPG you can buy?; Smart Fortwo at $347/MPG | |
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| Tweet Topic Started: Feb 28 2012, 11:05 PM (2,839 Views) | |
| GeoStalker | Feb 28 2012, 11:05 PM Post #1 |
"Chicks dig me and guys think I'm cool."
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Cheapest MPG you can buy So if you paid $1000 for your Geo Metro, assuming 50mpg, that would be $20/MPG. An interesting way of looking at things. Edited by GeoStalker, Feb 28 2012, 11:06 PM.
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| Turbo Dan-O | Feb 28 2012, 11:20 PM Post #2 |
Obsessive Car Detailer
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That is a good way of looking at it. Can anyone beat this??? I have a lot of good come backs to this if you do! The Metro is just tough to beat after all these years... Don't know how or why but it still is! |
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| Shinrin | Feb 28 2012, 11:24 PM Post #3 |
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I got my bicycle for $100, doesn't take gas at all. Do I win or am I disqualified? |
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| Horn | Feb 28 2012, 11:32 PM Post #4 |
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Obviously u can say bike or walking, but when it comes to a vehicle u have a metro, crx hf, maybe some old vw diesels, but really nothing will beat the metro. Yes there are some small concept cars, but in terms of a car that makes sense, nothing else |
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| Turbo Dan-O | Feb 28 2012, 11:53 PM Post #5 |
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Obsessive Car Detailer
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Well, you do live in Panama City so... 
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| Coche Blanco | Feb 29 2012, 12:13 AM Post #6 |
Troll Certified
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Undefined. |
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| Bigshane90 | Feb 29 2012, 01:06 AM Post #7 |
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Mopeds? |
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| GeoStalker | Feb 29 2012, 11:20 AM Post #8 |
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"Chicks dig me and guys think I'm cool."
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I'm thinking cars with 4 wheels that qualify as gasoline only, diesel only, or hybrid. |
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| bogs | Feb 29 2012, 11:28 AM Post #9 |
Duct tape heals all wounds
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Obviously if the list is comparing new cars only, they left out a few choices AND just as obviously if it comparing new cars things like the Metro, bikes, mopeds, etc wouldn't come into play. They put the Smart at the top of the list, but didn't do the math on other cars like the Sonic which mjs recently posted a video of showing it getting 67 mpg over 97 miles. I'm thinking that would give it a bit of competition at the top of the list, but didn't run the numbers myself, so that is purely speculative, as the article says it may be the new math you have to do when shopping if new cars is your thing. |
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| Horn | Feb 29 2012, 11:28 AM Post #10 |
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He means something u would happily drive several miles in a storm in..... u should have known to clarify. Lol |
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| Bad Bent | Feb 29 2012, 04:03 PM Post #11 |
Facetious Educated Donkey
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That would be my recumbent bicycle with a fairing.  And anyone who got their Geo for less than $1000 and gets 50 mpg is making out. 
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| nerys | Feb 29 2012, 04:39 PM Post #12 |
Grr
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the cheapest is a nissan sentra at $9k 32mpg. next cheapest is either a ford fiesta or a hyundai elantra both 40mpg at $14k thats what I could think of off the top of my head. also a less than perfect way of pricing a car. at least at the lower level. I would rather pay $14k for the 40mpg car versus $9k for the 32mpg car for 2 reasons Air Conditioning is one and my 40,000 miles a year is the other. IE after a couple years the $14k car will QUICKLY be cheaper than the $9k car. a better way to do this math is like this. How long do you plan to keep the car? I tend to keep cars until they are DEAD so lets use 10 years (this if for ME remember) I drive $40,000 miles a year. for this discussion we will have to keep gasoline static as its too complicated to try and predict. so for arguments sake lets use $4 a gallon now lets compare. Nissan sentra $9k purchase which really means about $13.5k actual. 32mpg means I will need roughly 12,500 gallons of fuel or roughly $50,000 in fuel so my total cost is $63,500 now lets look at the hyundai elantra and ford fiesta. $14k or roughly $21k actual. I would need about 9523 gallons of fuel for roughly $38,095 in fuel total cost roughly $59,095 and I get AIR and a better car. much better and save $4405 Smart 4/2 ? $12k or roughly $18k actual. 33mpg so I need about 12,121 gallons of PREMIUM fuel so $5 a gallon or roughly $60,608 in fuel over 10 years. bringing its total cost to about $78,606 yeah smart 4/2 is the most expensive car of the bunch BY A LOT. - anyone who got a geo for $5000 is making out. lets do the math. $5000 if you finance that $7500 rough cost. 50mpg is EASY so roughly 8000 gallons of fuel or roughly $32,000 in fuel total cost $39,500 the BEST deal is like a 1 year old "NOS" elantra or fiesta. IE brand new car last years model. you could probably get one for around $10k maybe less. so total cost roughly $15k plus fuel of roughly $53,095 and you get a brand new car. not bad not bad at all. how about a Prius? 50mpg. $24k new so roughly $36k actual plus fuel $32,000 so $68,000 total cost Ouch. hey its cheaper than a smart 4/2 :-) assuming that battery lasts 10 years OR is under warranty for 10 years. so if we for arguments sake assume similar "maintenance" costs so we can remove that from the equation (all brand new cars under warranty) cost of car plus fuel for 10 years with my driving average of 40k a year. $63,500 - Nissan Sentra $59,095 - hyundai Elantra $59,095 - Ford Fiesta $78,606 - Smart 4/2 $53,095 - 1 year old New Elantra or Fiesta $68,000 - Toyota Prius Those numbers speak volumes :-) you would have to do your own math for your intended lifespan and yearly mileage. basically it goes like this. C$ + 50%* + ((Ym x Yk) / MPG) x 4** = TRC C$ = Cost of Car Ym = Yearly Mileage Yk = years car kept * Interest etc.. ** Use 5 for premium TRC= Total Real Cost Edited by nerys, Feb 29 2012, 04:54 PM.
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| Coche Blanco | Feb 29 2012, 04:49 PM Post #13 |
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Troll Certified
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You could buy a Chevy Volt for 40k...trollolol |
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| nerys | Feb 29 2012, 05:00 PM Post #14 |
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Grr
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Chevy volt is more complicated since its partially VERY partially electric. I will attempt to crunch the numbers for myself for the volt (which I would rather slice my own guts open and disembowel myself than buy but hey lets be fair :-) I can plug in at home and at work. so each work day would subtract roughly 70 miles from Ym per work day. also each weekend day would be able to subtract 35 miles per charge. so it would save me roughly 175 miles a week roughly in gasoline. I believe (could be wrong) it gets about 30mpg the rest of the time. so 174x52x10 or roughly 90k miles lets round up to 100k miles to be generous. so we will make Mileage 300k for the volt instead of 400k and do the math normally lets assume I put up a small solar panel to offset the cost of the electricity to charge the car and the E at work is free to me. so about 10,000 gallons of fuel for a rough cost of $40,000 in fuel the car is $40k so actual is $60k you get $7500 back IF you qualify (if your buying a volt you probably make enough money to quality for the tax credit) so $52,500 plus $40,000 in fuel so your total rough cost is $92,500 for the volt. yeah "NOT" a good deal. you could probably get a pickup truck cheaper :-) maybe. NOW on the other hand if you really do drive under 35 miles at a shot and really do plug in so you hardly ever use any actual gasoline so you only have cost of the car to deal with. its STILL $52,500 to own the car for 10 years AND you have to remember ALL the other cars costs will also DROP to account for your lower mileage demands (less fuel) even the smart 4/2 is cheaper than a volt. a more interesting comparison is the Nissan Leaf. again like the volt assume solar buy back for power (otherwise about $300 a year in fuel costs for the electricity) and assume all you driving is within its range for the most part. $32k so actually $48,000 then add in the $7500 credit and its $40,500 The leaf ends up being rather competitive. FAR cheaper than the rest even if you add in the electrical demands. about 50% would be at work so FREE for me but lets add it all anyway. $43,500 the cheapest car of the whole lot. IF you can afford the payments. lets see how bad it would be for me (note I can't even afford an elantra so this is a moot discussion) the $14k car needs $38k in fuel or $19k per 5 years. so in reality its actual costs are $40k for the first 5 years and then $19k for the last 5 years. (first 5 years is payments plus fuel last 5 years is just fuel) the leaf is only $3500 more than the $14k for the first 5 years then FREE after that. IF I could afford the payments on a $14k 40mpg car I could ALSO afford the payments on a LEAF (assuming I could get the $7500 tax credit) Even WITHOUT the tax credit the leaf is STILL cheaper over 10 years than any other car on the list at $51k even the 1 Year old elantra/fiesta is more expensive and NOW maintenance HAS to come into play since there is actually far less maintenance on the LEAF versus the other cars. so yeah if somehow I could afford to buy a $14k car I would instead buy the leaf since its only going to cost me roughly $29 extra each month over the fiesta/elantra new AND this ignores that fully half my power would be free from work. so in reality about $15 extra each month for the first 5 years over the $14k car. alas it won't in reality be cheaper for me since I would in fact compare it to my metro :-) or another "used" car. this only works if your buying "new" Edited by nerys, Feb 29 2012, 05:12 PM.
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| nerys | Feb 29 2012, 05:14 PM Post #15 |
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Grr
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Some of you are going to cry foul on the 50% sorry folks thats reality. IF YOU CAN AFFORD to pay for the car upfront in all probability you make enough money that your fuel savings are not really RELEVANT to your life. for us schlubs who actually "NEED" fuel economy versus DESIRE it and can actually afford anything we will be making a VERY small down payment and we will be paying insane usurious interest rates. on a 5 year loan it usually averages between 40 and 60 % depending on your credit your deal and how well they were able to snake you up the butt without you knowing it. so 50% is a pretty good metric for that value. |
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