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Here are the figures again for the predicted AVERAGE cost per mile to own and drive the two cars in question over a 5 year period using 15,000 miles per year.
This cost per mile includes, depreciation, taxes and fees, all maintenance, fuel, repairs, finance charges, and insurance.
1. 2006 Jetta TDI-----$.46 per mile
2. 2006 Civic LX gas--$.38 per mile
Many more details are given on the Edmunds True Cost To Own Site.
Certainly I understand that, in your case, having had both these vehicles for close to 15 years, your individual cost per mile should be much lower than this. Depreciation would be practically 0, taxes and fees much lower, no finance charges, and very little insurance costs. About the only place you could get hit is repair costs.
Also, in your case, the TDI could cost less per mile than the Civic. I understand that and you will get no argument from me because you should certainly know.
2013 LX 570 2016 LS 460
Right. I have understood it from the start. Agreed. Those are the factors I used in a quick tally and division by 100,000 miles. So like you say, results will vary. In my case, Edmunds.com estimates are 46% higher than the real world (my .25 cents. So indeed I look forward to the second 100,000 miles, third and fourth to etc!! No amount of NEW CAR (smell) can overcome those spreadsheet projections (less than .09 cents per mile driven!!! Of course one would amortized needed scheduled and unscheduled maintenance items. .46 vs .09 cents is a min of 5x MORE.
Honda today confirmed that the 2009 Honda Accord would be available with an optional 2.2 liter i-CTDi 4-cylinder Tier 2 Bin 5 diesel engine.
The diesel engine is reported to produce in excess of 150 HP, while torque -- always a diesel strength -- is pegged at 260 lb-ft. The diesel will be emissions legal in all 50 states and is set to deliver real word fuel economy in excess of 40 MPG.
If the fuel economy estimates pass the Environmental Protection Agency's testing, that would make the diesel Accord more fuel efficient than the previous generation Accord Hybrid and Toyota's current Camry Hybrid.
The 2.2 liter diesel is expected to be closely followed by a new 3.5 liter V6 diesel destined for Honda's large vehicles. The engine is 30 percent more fuel efficient than the current 3.5 liter V6 gasoline engine used in the Odyssey, Pilot and Ridgeline according to the Nikkei newspaper.
In addition to the diesel news, Honda also announced that the CR-Z hybrid concept will make it to production. The small two-seater uses the same powertrain as the Civic Hybrid (4-cylinder gasoline engine, Integrated Motor Assist and CVT) and is likely to better its 40 MPG/45 MPG city/highway EPA ratings.
The CR-Z will be accompanied by a $22,000 five-seat Global Small Hybrid (GSH) which will do battle with Toyota's Prius in 2009.
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The diesel nexus of course is the better mpg and longevity. It really makes "half" sense if you will allow me to say, to buy a diesel at a "premium" no less, to take advantage of the better fuel mileage and NOT take advantage of the diesel's(higher/longer) design life.
For my .09 cents,(major costs are: fuel, depr, ins; scheduled maintenance is .01518 cents) my minimium goal is 500,000 miles or 5 pumpkins. :confuse:
One reality question I ask myself: will I have a need to do/go 500,000 miles? The answer for me is yes. Even if I don't, the vehicle will cost less sitting around!!?? :shades: (would you rather pay 300/400 per mo or ZERO?)
For argument's sake, at my average of 12,000 miles per year, had I kept a vehicle for 300,000 miles, today I would still be driving the one that I put on the road in 1982.
That vehicle would not have, as a minimum:
Antilock brakes
Crumple zones
High impact crash resistance
Electronic stability control
Electronic brake force distribution
Traction control
Automatic locking seatbelt retractors
Front airbags
Side airbags
Side curtain head protection airbags
Impact absorbing interior materials
Side impact structural protection
Child safety seat tethering (LATCH)
Variable assist power steering
Intermittant windshield wipers
Halogen or HID headlights
Daytime running lights
Head restraints
Decent fuel mileage
Much less pollution coming out of the tailpipe
Audio system enhancements including cassette tape, CD player, satellite radio, auxilliary inputs, etc.
The list goes on, and on, and on. Care to add any?
A very good point!! The difference (of 230,000 -45,000=....) FUNDS my OTHER priorities!!??
I would say that as a longer term driver, (1.5 M miles) if those vehicle features are priorites and are important to you, at least you know where part of that 185,000 dollars are going. Most of the ones you mentioned, I would not have paid money. If I had a choice, I would have opted out.
But looking forward: what would be the effect of say $300 per month compounded at 12-15% for 25 years? (2007-1982 your example)
And, yes, I am a longer term (since about 1956) driver with well over 1.5M miles.
Nah, Index Funds! I think it was John Bogle's masters thesis. (I know you Vanguard groupies will correct me, if I am incorrect here) He started Vanguard Index Funds based on this concept, I hear tell.
But in case folks are interested.
http://www.hughchou.org/calc/compound_js.html
Let's see, DL since 1966.
kcram - Pickups Host
Domestic diesel fuel is barely better than swill. It is not refined as well as it could be and still contains too many of the aromatic compounds that produce particulate as well as other nasties. Also, the cetane is still too low, namely low to mid-forties where as in the EU the cetane is fifty-one or better. Higher cetane, cleaner burn, more power. In the EU, most of the aromatic compounds have been removed from diesel.
If we ran our diesel powered vehicles on EU like fuel, they would be cleaner, quieter and simply run better.
The CA ULSD with it's near 50 cetane rating is actually pretty good stuff and is very similar to EU diesel fuel.
It will probably smell one hell of a lot better than what currently exists in these places and it will get rid of two stinking landfills to boot!
Yet, a little-publicized report released last year by the Food and Agriculture Organization of the United Nations says livestock are responsible for a greater portion of global warming than the transportation sector.
The guilty parties are methane, a natural byproduct of bovine digestion and oxides of nitrogen emitted by manure. Methane is a particularly virulent threat, the report says, because it has 23 times the global-warming potential as carbon dioxide.
Livestock also outnumber vehicles by a wide margin. The number of cars and trucks worldwide is expected to hit 1 billion sometime in 2008, but according to “Livestock’s Long Shadow,” there already are 1.5 billion cattle and domestic buffalo on the planet, plus 1.7 billion sheep and goats and billions more pigs and poultry.
The global damage is amplified by the fact ranchers chop down forests to create more grazing land.
Believe it or not, experts say it is possible to curb livestock methane emissions by modifying diet and other changes, if only it was required. And we all would be better off if we consumed less meat and more vegetables.
Yet, there is little concern over the impact livestock has on the global environment. Burger King has no mandate to reduce the size of its Whoppers 4% annually; Denny’s has not been ordered to serve one less slice of bacon in its Grand Slam breakfast by 2012.
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Livestock Are The Real Climate Problem
quote-
A lawsuit by the State of California, seeking monetary damages from the nation’s six largest auto makers for causing the state’s wildfires and poor skiing conditions, was thrown out of court in September.
-end
CARB :sick: :sick:
Also the environmentalists sacred cow- wetlands, are one of the GREATEST CO2 producers BAR NONE, except probably standing rain forests, they are trying to SAVE!!??
What are we going to do for the livestock? Afix a catalytic converter to the offending generator?
Glad we could brighten up your grim day! It must be tough guarding the keys to armageddon!!
California's environmental policies have the same effect on me, at least the tears portion.
If anyone is wanting a first impression of the new diesel that will be installed in the Honda Accord, here is a short-take from the UK.
Also @22,000 #'s /.481=$45,738 US does not make it much of a leap to a 50,000 MB diesel. % and dollar wise it is cheaper than a leap from Corolla to Prius, etc. And the you get standard setting MB automatic transmission.
An E-Class diesel is about $80,000 in the UK.
The dollar is TINY these days.
spokesman for Hino said the engine is too big for the Tundra, but could be scaled down to around 6.0 liters. He said Toyota has not decided whether its wants an inline six-cylinder engine — a layout used by the Dodge Ram diesel — or a V-8, which is used by Ford and GM diesel trucks. Toyota, he said, has not chosen an engine supplier for the truck.
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Tundra diesel SEMA
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2013 LX 570 2016 LS 460
kcram - Pickups Host
link title
Historically, and to many folk's surprise, the Korean vehicles turned out to be OK, but I still wonder about the Chinese and Indian vehicles that are to be sold here soon. Anything the likes of the quality of a resurrected Yugo would be a nightmare.
TagMan
TagMan
Neat looking car and the resale value is WAY good!! Since I have taken the Jetta diesel (longest trip, 7,000 miles R/T) cross country, I could see my self hammered to death in a gasser or diesel Mini Cooper, as it is quite small inside!
Neat looking car and the resale value is WAY good!! Since I have taken the Jetta diesel (longest trip, 7,000 miles R/T) cross country, I could see my self hammered to death in a gasser or diesel Mini Cooper, as it is quite small inside!
Interesting story here... I received a Mini Cooper S as a birthday present from the wife a few years ago. I was quite shocked of course. Within a very short time of driving the car, I soon discovered the good, the bad, and the ugly.
The good = tons of fun to drive, unique styling, go-kart like handling and comfortable for the front passengers, reasonable enough gas mileage, but not terrific.
The bad = rear passenger comfort and bumpy, jittery ride. Too darned tiny under certain driving conditions.
The ugly = terrible workmanship and flimsy materials. The first week the windshield trim blew half way off on the freeway and was whipping around in the wind as I had to pull over to figure out how to secure it down enough to make the rest of the drive. Second week, the passenger's interior door handle fell off. Third week, a horrible sound when shifting into gear. Dealer claimed vehicle needed entire new transmission, which took weeks to get, and when finally replaced, the noise was the same. Then the door handle fell off again, and the windshield trim flew off the windshield again. Dealer determined to keep car for a while, but couldn't figure out the problem. I requested that the entire clutch assembly might need to be replaced. Service advisor refused. Noise got worse, and I talked to service manager who then suggested that the entire clutch assembly be replaced. I informed him that I had already requested that. The entire clutch assembly was finally replaced and the noise disappeared. Then when the door handle fell off again, I decided to sell the car.
I recently looked at the latest interior of the Mini, and it is an overkill of circles and ovals everywhere you look... worse than the previous model's interior.
IMHO, and with first-hand experience, there are so many truly better cars to purchase than a Mini Cooper.
TagMan
Excerpt from today's Toronto Star online edition:
Pollution that spews from the smokestacks of ocean ships kills up to 60,000 people a year around the world, says a study released today. The estimated toll of premature deaths in North America, most on the West Coast, is 9,000, says the study, published in the American Chemical Society journal Environmental Science & Technology.
Without a clean up, the global total is expected to hit 84,000 within five years, the study says. The damage comes from the sulphur-laden Bunker C fuel that powers the growing number of ships conducting global trade.
The sludgy fuel is “basically the dregs of the oil refining process,” and contains nearly 2,000 times as much sulphur as the diesel fuel burned in trucks in North America and Europe, says David Marshall...
I would guess (hopefully) that most MINIs are free of multiple unresolved issues.
TagMan
I don’t take death lightly and I do not advocate filling the planet with pollution, but a reality check is sometimes required.
Considering the mass of humanity on the planet, 60,000 deaths is a drop in the bucket and to say that those 60,000 died from ship exhaust is a bit of a stretch considering all the other things we breath in.
If the findings are valid, I should be a poster child for what shipping can do to you. I grew-up on Puget Sound breathing outboard exhaust while fishing and recreational boating. I worked on tugs in the summer during High school, I spent four years in the Navy on ships breathing that nasty bunker-C and then returning to tugs as a career. Lets not forget the twenty years I smoked (I quit 22 years ago) and other indiscretion of my youth.
Next year I turn 60 and I’m in fairly good physical condition with no respiratory problems.
I don’t dispute that bunker-C is a nasty pollution problem and needs to be addressed, but I have issues with pointing at 60,000 deaths and saying that they are directly related to ship exhaust.
The nations yearly deaths are something like 1.4M /300M plus population. This of course is like .00467% or less than a half percent per year.
It might be interesting to goggle again, and see what they attribute most yearly deaths to.
As a point of departure because this is an auto topic thread, the government statistics for auto deaths are like 43,000 fatalities per year/1.4M= 3.07% of the yearly death rate.
There are people who smoke for 60 years and never get cancer. That does not mean that smoking is not a cancer risk.
Just like not everyone who breathes a lot of diesel exhaust ends up with cancer does not mean that diesel exhaust does not cause cancer.
So even at the above record prices, these are fuel costs: the per mile driven of
VW Jetta gasser; 29 mpg /$3.31= 11.4 cents per mile driven
vs
Jetta TDI; 50 mpg/$3.51= 7.02 cents per miles driven.
So just looking at the numbers alone it seems like what we are addicted to:
new to 5 year (typical time payments) old cars!!!!
(.40 cents to .46 cents per mile driven!!)
Seems one of the best things we can do be it gasser or diesel is to keep passenger vehicles for longer years and longer miles!!! And we should really start to demand and make sure we get: for example, 500,0000 miles to 1,000,000 mile diesel passenger cars.
Looking seriously at the 2008 Taurus, gets about EPA 28 hwy. Truly a shame it does not come in a diesel in the US.
The Jetta TDI is not out of the picture yet, but I need some options and the Taurus is my (ie, wifes) next choice.
2013 LX 570 2016 LS 460
Look at what is happening in the energy markets. One could argue energy (no matter what form it does take) is the most BASIC of ALL the commodities!!?? A 1% pullback in (growth of) demand, (i.e.,103% vs 104%) and the price is hitting new highs!! From a year ago, from $50 per barrel to app $97.28. And they say inflation is LOW!!??
As a disadvantage, I do not see taxing and other regulatory agencies embracing lower fuel consumption (despite the Shakespearean thought: surely thou protests too much), as it is obvious to almost all, at whatever level one wants to approach it they would receive massively less revenue upon wider implementation. (20-40% less revenue!!)
One result, (which does not take many brain cells to SWAG) the taxing authorities also want to up the share (percentage, volume and additional fees) of the taxation over the current scheme/s (as they say in the UK)