Cost per mile

[extrashaky]

Originally Posted by Tcoat

My exact thoughts. The only difference being that mine will go to my grandson as his first car.

Lucky kid.

[PandaSPUR]

Originally Posted by extrashaky

It's similar for me. However, I bought the car specifically to use up this way, with the idea that mileage reimbursement would pay my car payment, insurance and fuel costs for the most part. I have to have something to drive and use up anyway, so it might as well be something I like driving. My alternative is for my company to buy me a dumpy economy car that I'll hate.

The fact that it's being used up also has a silver lining. It will long since be paid for at the end of its useful life, so at that point I'll just finance another car to drive for work and keep this one to build out as a weekend/track toy. If it's not worth anything at that point, I won't feel any financial doubts about keeping it.

Originally Posted by Tcoat

My exact thoughts. The only difference being that mine will go to my grandson as his first car.

I dont plan on selling mine ever either, so I don't mind being paid for the extra miles haha.

[Sapphireho]

I figure, with all the modifications, I have the cost per extremely fun mile down to about $4.

[mrg666]

Originally Posted by UNCC_BRZ

Thoughts? Did I totally screw up my logic in how to do the math?

Totally wrong! Driving your BRZ is priceless

[MuseChaser]

While it's interesting to think about cost-per-mile in terms of gas mileage and gas purchase price, the true cost per mile of a vehicle includes not only gas, but routine maintenance (as others have already said), repairs over the life of the car, and the difference in what you paid for the car vs what you sold the car when you decide to part ways. Divide the total cost of all the gas you've purchased, purchase price less eventual sale price, all maintenance, and all repairs, by the total amount of miles you've driven since you bought that car, and THAT will give you what it actually cost you to drive your car each mile.

The cheapest cost per mile car I've ever owned was a 1973 Oldsmobile Delta 88 with a 350cu V8. Bought the car for $300, put 70,000 miles on it after buying it, didn't maintain it hardly at all (I was young and dumb), and sold it a few years later, all rusty and in poor running condition, for $400. Car got about 17-18 mpg at best, and was still, BY FAR, the most cost-effective car I've ever owned.

Good gas mileage is nice (and believe me, as a self-confessed penny-pincher, I value it highly.. one of the things I truly love about my FRS), but it's really a lot less consequential than most folks think. I shake my head in wonder at folks who plunk down $35,000 on a new car but fret about gas mileage, unless their concern is purely environmental.

[reeves]

I would never bother modding a Rav4.
I've spent thousands $$ modding my BRZ.

Even if I got 50+ MPG on my BRZ, the cost per mile is significantly higher for my BRZ.. as it should be!