Shopping for Fuel Efficiency? Kelley Blue Book Suggests Waiting

[hyprmiler]

Originally Posted by nemelek

The cost of transportation is not cheap. Especially when buying and selling. The maintenance of an ageing vehicle vs "trouble free" miles of a new car also factor in. It's a lot better to respond than to react.

A new car will have lost 75% of its value after the first 5 years. Go certified used and let someone else take the hit in depreciation. Another thing to think about is that if gas goes up 1 buck a gallon (say 3.00 to 4.00) that's another 10 bucks to fill up your tank.

If you fill up twice a month that's another $240.00 in expenses. 240.00 is a lot cheaper than say a new car payment (assuming your current car is paid for)