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Tractor Talk Discussion Board

Re: OT-cost of buying a car and parking the truck


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Posted by T-Rev on April 04, 2008 at 12:57:43 from (66.170.172.34):

In Reply to: OT-cost of buying a car and parking the truck posted by Nancy Howell on April 04, 2008 at 10:34:29:

You have to break it out to a per mile cost, there is no other way to compare. Other wise you"re left guessing and making assumptions.
For 20,000 miles a year on a truck I figure $9800.
For 15,000 on a nice $12,000 car and 5,000 on the same truck I figure $7780. I still have a truck to farm with.
I"d still save almost $1000 at 10,000 a year.

THE MATH:
1. 20,000 miles of maintenance a year is 20,000 miles of maintenance a year whether you have 10 cars or one. Lets say $1000 a year, 5 cents a mile either vehicle.
2. It costs me 1.3 cents a mile to buy 4 $800 truck tires every 60,000 miles. It costs me .07 cents per mile to buy 4 $400 car tires every 60,000 miles.
3. I paid 18,000 for a nice used truck that will last 150,000 miles total miles. It had 40,000 on it so I will get 110,000 out of it. I will resale for 2,000 when I am done. costs 14.7 cents a mile
4. I paid 12,000 for a nice used car that will last 150,000 miles total miles. It had 40,000 on it so I will get 110,000 out of it. I will resale for 1,000 when I am done. costs 10 cents cents a mile
5. At 15 mpg truck versus 30 mpg car and 3.50 for avg. gas I spend 23 cents a mile for truck gas. I spend 11.5 cents a mile for car gas.
6. I used to spend 1,000 to license and insure one truck, 5 cents per mile. I now spend 1,500 to have a primary car and a secondary truck with one driver for both, I now pay 7.5 cents per mile.
7. I keep my car clean enough to take the wife out, and don"t worry if the truck is dirty on Saturday night, or if it has some dents and a milk crate with 5 grease guns in the back.


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