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Old 08-30-2007, 12:13 PM   #1 (permalink)
 
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the Fourtwo

So I break down the costs minus insurance and I get:\
15000 the car
297.81 monthly payment
1121/yr gas cost savings
But still costs
` 205/month.
The payback at 5 years covers the interest on the car loan.
I like the car and its mileage but its current MPG and/or cost and/or tax credit(?) do not provide enough incentive to buy.

Anyone else looked at the numbers?

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Old 08-30-2007, 01:48 PM   #2 (permalink)
 
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No. If you're comparing the Smart to walking, it is cheaper to walk or stay home. Or you could buy a used Yugo, not as much fun, but costs less in the long run. There is no federal tax credit for the Smart in the US.
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Old 08-30-2007, 06:55 PM   #3 (permalink)
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For almost any new car you get those numbers.....and much much worse! Not a car around pays you back after five years....you own it, and its worth about half (if you're lucky) of what you paid.
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Old 11-19-2007, 03:33 PM   #4 (permalink)
 
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Well hopefully it sells by popularity then like the Bug, PT Cruiser, etc.
If the mpg doubles and/or the price comes down through volume sales maybe it will be worth considering. We have no trains or mass transit so it's cars to commute.
Thanks
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Old 11-19-2007, 03:58 PM   #5 (permalink)
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Quote:
Originally Posted by multilanguage View Post
Well hopefully it sells by popularity then like the Bug, PT Cruiser, etc.
If the mpg doubles and/or the price comes down through volume sales maybe it will be worth considering. We have no trains or mass transit so it's cars to commute.
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Don't go by the numbers alone. Factor in some *gut feelings* to round out the overall decision to buy it. Cool factor counts for something in my book. You have to live life once in awhile and just do it.......
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Old 11-19-2007, 03:59 PM   #6 (permalink)
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How about around $12k for my Pure. By the time I get it next year I can pay cash for it. No car payment. Only gas and insurance. Gotta love it!!
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