gato
Well-Known Member
- Joined
- Apr 4, 2021
- Threads
- 20
- Messages
- 1,251
- Reaction score
- 1,938
- Location
- New England
- Vehicle(s)
- 2021 JLUR
Are people doing the actual math or just reacting emotionally?
Most JL (and other "pleasure" vehicles) probably get driven less than 12K miles/year. At ˜18MPG fleet average that is like 666 gallons/year.
If the price of gas doubles from say $2.25/gal (good old days) to $4.50/gal (national average now) that is less than˜1,500/year in extra fuel costs.
How much is insurance, finance (or lost investment income on the money), depreciation on a $50K to $70K vehicle, tires, brakes, maintenance, etc? Probably 5 times as much.
Depreciation, for a new vehicle in normal markets, is typically by far the largest component of operating costs. Yet, no one talks about it.
Most JL (and other "pleasure" vehicles) probably get driven less than 12K miles/year. At ˜18MPG fleet average that is like 666 gallons/year.
If the price of gas doubles from say $2.25/gal (good old days) to $4.50/gal (national average now) that is less than˜1,500/year in extra fuel costs.
How much is insurance, finance (or lost investment income on the money), depreciation on a $50K to $70K vehicle, tires, brakes, maintenance, etc? Probably 5 times as much.
Depreciation, for a new vehicle in normal markets, is typically by far the largest component of operating costs. Yet, no one talks about it.
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