Quote:
Originally Posted by TheMercenary
Not really a moron. Not if the new car you can afford is equal to the efficiency of the car you lost. I think his point was it really has more to do with what you do with your car than some group of idiots preaching to everyone about your need to get a expensive car that gets 10 more miles per gallon. Not really all that important from a personal financial standpoint. I would have to agree.
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Let's say you drive 15,000 miles per year and your old car gets 15 miles per gallon. If you replace it with a car that gets 30 mpg (still pretty modest) you'll save 500 gallons of gas per year. At the current gas price that's $1,500 per year. What else can you do to save so much so easily?
I thought the role of financial planners was to encourage you to save money.