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Let us know when you get home Mike.
Today we've got a bright Florida sun and clear skies. Temp going up. Convertible weather here.
2014 Malibu 2LT, 2015 Cruze 2LT,
It was also interesting that "hoss" pointed out most of the letters praising these heaters are planted by more unscrupulous people, probably employees of these companies.
Thanks for passing the article on...I loved reading it!
Oldfarmer: Enjoyed reading your comments about "heat" and how a $20 heater will basically do what a $500 heater does......thanks!
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
the sun is cool to the touch? I didn't know that!
For low income people, it is the difference between having a bit more for food, clothes, education for them and their children, or doing without in one or more of those categories. All good news with lower gas prices and no rise in taxes.
And, what about the 1000s of jobs that are going to be lost......how does that money get made up?
Looks like there will be some winners and some losers, not sure what there will be more of.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Oil companies got fat. If I were working at big oil, I'd polish the resume. The good news is the cut backs will only happen in just the oil vertical. Just about every other industry will benefit from lower gas prices.
2024 Genesis G90 Super-Charger
Shifting gas tax to higher income persons as the only payers for fuel tax doesn't cut it. The only unfairness in the fuel tax is the EV problem; those folks don't pay the road use tax.
2014 Malibu 2LT, 2015 Cruze 2LT,
Now, stay out of there!
This is just for my curiosity, to support or undermine my preconceptions.
#1-- it is cheaper to heat your house with natural gas rather than electricity, but both natural gas or electricity are cheaper than propane
#2 -- it is cheaper to run your car on electricity than on gasoline
#3-- it is cheaper per mile to run the highest MPG gasoline car than the highest MPG diesel car. (USA only)
#4.-- over the course of 5 years, it is cheaper to buy a car than to lease it
#5 -- a zero interest car loan is always better than a typical rebate, if given the choice.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
#1, 2 depend on the cost of electricity in your area. For us at 5cents/Kwh may not be the same in California, from what posters say
2014 Malibu 2LT, 2015 Cruze 2LT,
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
In other words, "you can buy THIS car for 2.9% and a $500 rebate....but....BUT...how about this baby over here with the dust on it for ZERO PERCENT?"
"Oh, did I fail to mention that the 0% loans carry shorter loan terms?"
You had the cash to buy the car outright
And...
You take the cash and invest it for the term of the loan.
In my case the $4000+ I made investing the cash was higher than the $1500 rebate.
I realize that most people wouldn't do it the way I did.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
A lot of it depends on the interest rate you would pay if you take the rebate and how much you are borrowing.
Back in 2002, when I bought my Explorer, it was 2k rebate or 0% for 5 years. I think I could have gotten a loan for around 5%, so the 0% for 60 months made sense.
2 years ago, when I bought my Fusion, I took the $1500 rebate and got a 2.5% rate for 5 years. Based on what I borrowed, the rebate was a little better, but I paid it off in less than 2 years, so I ended up much better off.
2013 LX 570 2016 LS 460
I do the same thing looking at advertised leases to compare sign and drive vs. put money down to get a lower payment. just calculate the total paid over the lease term. Often the sign and drive ends up being less overall.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
@fushigi thanks for that. Very well and very informative.
2013 LX 570 2016 LS 460
#2. Agree
#3. Disagree
#4. In most cases, yes, but not all.
#5. Disagree - at 0%, you save $600 assuming a $30,000 car if interest rates are 2%. Most rebates are $1500-$2000.
2024 Genesis G90 Super-Charger
2017 Cadillac ATS Performance Premium 3.6
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
.
2. depends on the cars and the weather. my experience showed me that, in the winter, the Leaf was worse than pretty much any economy car.
3. I'm not sure of the cars in this case. I'm thinking Prius vs Jetta TDI?? In which case, I might have to disagree as I think the depreciation on the Prius vs the VW is going to make it more expensive in the end. You'd also have to know the amortization. If we're talking 200k miles, the Prius may need battery replacement, for example.
4. Again, depends. There are way too many variables here. An expensive car with brutal deprecation and high repair costs out of warranty is not a good purchase proposition.
5. Disagree based on the rates where they currently are.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
#1--I think in the NE of the U.S at least, propane would be at least 20% more expensive, but I'm only going on memory of the cost of a 5 gal. bottle, not filling up one of those Giganto tanks next to the house. Maybe the big diff between propane and natural gas is the delivery costs. You know, like the difference between city water or having the Alhambra truck bring it to you in 5 gallon jugs
The current diesel/regular gas differential here is between .75 cents and $1.00 a gallon. But who knows over 60,000 miles what the prices will do. Still, it's pretty rare for the two fuels to be close, and even more rare for diesel to be cheaper than regular. Premium is a different story.
Back then auto loan we're going for about 5-6% so the company was giving up that same 4 grand that I made by giving me 0%.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Got home about 5:30 PM from the hospital and just fell into bed. I have to slowly build up my strength again. I had to twist my doctor's arm to get out tonight - she wanted to keep me at the hospital for at least one more day. Had to get home to take care of my Dad. He deteriorates quickly if I am not around to support him.
My brother is really enjoying his new E400 Cabriolet. White with that Designo Red Leather interior and red convertible top must be a knockout. He feels the Cabriolet is a more compatible vehicle for him due to his bad back - and I agree.
Well, going to get some rest and hopefully some sleep. It is impossible to sleep at night in a hospital. If it's not blood tests at 4:00 AM, vitals at 10:00 PM, 2:00 AM, 4:00 AM, 6:00 AM, etc., it's respiratory therapy every 4 hours for breathing treatments or blood sugar tests every 4 hours. Not a particularly inviting vacation spot, to be sure.
Good to be finally home.
2024 Genesis G90 Super-Charger
2. Not always - some electric utilities now have rates that impose extra costs if one is charging an electric car at home at night.
3. Don't know - I once saw an article in one of the car magazines that indicated the cost comparison was very close, but, that was done before the prices fell to their current levels.
4. I agree.
5. I agree, unless the rebates are exceptional. The best route to go is easily calculated in Excel.
Regards:
Oldengineer
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
Occassionally car companies want to move product, so they will lend money at lower rates or give up some profit by lowering their margins, but basically the real final cost will be about the same.
Aren't car companies shooting themselves in the foot a bit with 0% interest, they may lose cash customers? What happens if a car is advertised at 0% interest and you insist on paying cash?
Oldfarmer invested his money and took the low cost loan - not everyone would want to do that (I would).
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
MPG diesel vs gas
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
My S-I-L bought one before calling me telling me to buy one....I don't want to tell her how bad it is. In her case, perception will be her reality.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2014 Malibu 2LT, 2015 Cruze 2LT,
MPG diesel vs gas
The article says that diesel is typically 20 cents more than rug. Not in my neighborhood. Buy a diesel because you like diesels -- the financial benefits or lack thereof shouldn't be the main factor.
But, if gas is $2 a gallon and diesel is $2.60 (not sure what it is right now...and this is a very unusual circumstance since gas suddenly became comparitively inexpensive)), then anything under $3 a gallon for diesel would be less (33% better mpg).
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Glad to hear you're out of the human garage. I had a similar experience 5 years ago when I was hospitalized for 3 weeks total in two separate visits - first for heart surgery, then after about 6 weeks, back in for 2 weeks due to complications. Both times I couldn't wait to get home because the experience is so bad even aside from whatever the ailment is. You described it perfectly, constant interruptions or demands. In my case I found there were times I needed help and it was hard to get someone to look at whatever the issue was, then when you just wanted to rest they kept interrupting it. Some of the staff were great while others were downright miserable or borderline incompetent. I remember that 4 days after my initial surgery when I was still as weak as a kitten they put me in a ward with 3 other people and it was just constant bedlam, no rest possible. I convinced the docs to let me go home the next day even though I could barely walk 20 feet. I just do not understand the culture of hospitals.
2017 Cadillac ATS Performance Premium 3.6
2017 Cadillac ATS Performance Premium 3.6
Diesel in my neighborhood averages $1.30 more per gallon than rug and $1 more than pug.
I checked stations here and reg was $2.20 and diesel $2.80. It must really vary across the country.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2024 Genesis G90 Super-Charger