WHY do I want one so bad?

[YarisOwnersDad]

Well, I will have saved a couple thousand in gas expense after those six years. (If I keep driving 18K miles per year, and if I get 38 MPG on the Yaris vs. 28 MPG on the Cobalt, then I will save $2030 in six years on gas, using $2.00 per gallon for the gas price. I think we all know that it will go back up eventually, as much as we wish it wouldn't.)

At the end of the six years, I will have a seven year old Cobalt with 126,000 miles on it, if I don't trade, or I will have a six year old Yaris with 108,000 miles on it, it I do trade. Not sure how much difference there would be in the value of those cars.

We haven't brought insurance into this equation yet, either. I need to find out how much it will go up, but I doubt it will be very much.

Tom

[tomato]

Originally Posted by YarisOwnersDad

At the end of the six years, I will have a seven year old Cobalt with 126,000 miles on it, if I don't trade, or I will have a six year old Yaris with 108,000 miles on it, it I do trade. Not sure how much difference there would be in the value of those cars.

We haven't brought insurance into this equation yet, either. I need to find out how much it will go up, but I doubt it will be very much.

Tom

I doubt if insurance will go up that much, maybe not at all, but you'll only know that after you call them up.

So now, according to your calculations, you're looking at adding an approx. $5K to drive the Toyota?

Hmmm... indeed.

You forgot something, though. Estimated maintenance and repair costs?

As far as depreciation goes, we don't know what will happen, of course, but we all bought the Yaris thinking (hoping) it would hold its value better than other cars.

[YarisOwnersDad]

Originally Posted by tomato

I doubt if insurance will go up that much, maybe not at all, but you'll only know that after you call them up.

So now, according to your calculations, you're looking at adding an approx. $5K to drive the Toyota?

Hmmm... indeed.

You forgot something, though. Estimated maintenance and repair costs?

As far as depreciation goes, we don't know what will happen, of course, but we all bought the Yaris thinking (hoping) it would hold its value better than other cars.

Mater, I checked with my insurance company and posted that the cost will only be $13.82 per six month premium higher. I made that post within just a few minutes of the one you saw, so I guess you missed that second one.

Tom