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By :<On the other hand, if someone is drvniig a 1989 Ford Ranger, the fuel expense is probably more than 20%, if the number of miles driven is high enough..Even with in 2009 having paid to have the clutch and slave cylinder replaced, some clearly optional work on the top end to reduce an oil leak, buying new wheels and snow tires for the first time (which explains our unusually warm January), my repair expenses didn't even come close to my gas expense drvniig 15,000 miles. And even though the vehicle is in good condition, I doubt I could have gotten $1,000 for an 89 Ranger at the start of 2009, so the depreciation would be nominal.The thing is though, you have to own a vehicle for quite some time before the average depreciation of the vehicle over its life becomes small.But I do agree with your main point that people often make the wrong decision on when to replace a vehicle. I often suspect that the error in reasoning is intentional, because what they want is a new vehicle and what they are looking for is a reason to get it. Rate this comment: 0 0
By: | Mar 12, 2014 | Report Comment
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dominicmes | Region 4
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