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Friday, October 28, 2011

MONEY: Cost of Driving? See The Chart Below, It Could Save You A Bundle Of $$$

      With the constantly changing cost of gas sometimes it is hard to figure the cost of taking a trip.  This chart was made for two reasons.  The first was to make an easy way to figure the cost to make a trip.  The second was to show people the cost savings of going to a newer, high mile per gallon vehicle.  I know some people need a gas sucker for work or to haul a large family and groceries.  However the back up vehicle when not working does not have to be a gas sucker.  If you are a person who drives over two thousand miles per month and have your gas sucker paid off it might pay to look into a getting a secind vehicle for when you do not need the gas sucker.  If you drive in the four to five thousand mile per month range it definitely will not only pay for itself.  It will pay the additional insurance cost also.  The old saying, "You have to spend money, To make money." definitely applies to this situation.  As fuel prices go higher it will apply even more so.  You may be able to help not only yourself but the country.  If enough people buy cars it creates jobs.  If enough stop wasting fuel when they do not have to it will help America reduce our need for imports.  Not to mention helping save the planet by reducing emissions.  It can be a win, win situation.


                                    MILES PER GALLON


PRICE PER      6      8     10      15      20      25     30       35         40        45        50
GALLON
                                       
 PRICE  PER MILE IN CENTS

$2.20            .366  .275   .22     .15      .11     .08   .073   .062     .055     .048     .044

$2.60            .433  .325   .26    .173     .13   .104    .086  .074     .065     .057      .052

$3.00             .50   .375   .30     .20       .15   .12      .10    .085     .075     .066       .06

$3.40            .566  .425   .34     .22       .1    .136     .113    .097   .085    .075     
 .068

$3.80            .633 .475    .38   .253      .19   .152     .126    .108    .095    .084     .076

$4.20             .70 .525    .42     .28       .21   .168      .14      .12     .105   .093      .084

$4.60           .766 .575     46      306      23   .184     .153     131     .115  .102       .092

$5.00            .833 .625   .50     .333      .25    .20      .166    .142    .125    111        .10

TO USE THE CHART SIMPLY MULTIPLY THE MILES YOU DRIVE PER MONTH TIMES THE PRICE PER MILE.
EXAMPLE YOU DRIVE 2000 MILES PER MONTH AT 15 MILES PER GALLON AND GAS IS $3.40 IT COSTS
2000 DIVIDE BY 15 = 133 GALLONS PER MONTH X 3.40 = $452.20 FOR GAS
2000 DIVIDE BY 35 = 57 GALLONS PER MONTH X 3.40 = $194.28 FOR GAS
IF YOU TRADED FOR A 35 MPG CAR AND DROVE 2000 MILES THE COST WOULD = $257.92 SAVINGS

YOUR SAVINGS PER MONTH WITH A 40 MPG FORD FIESTA WOULD BE = $ 282.20 SAVINGS

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