Probably no,, unless you drive a lot, and thats a awful lot of miles per year. A paid for car as long as its running is hard to out do..
NOW,, if your buying a new one anyway... then it cost little more to buy one that gets great mpgs, vrs one that gets low mpgs...
If you drive 15000 miles a year, at 20 mpg, you burn 750 gallons
If you drive 15000 miles a year at 40 mpg, you burn 375 gallons
so you would save 375 gallons at 2 bucks a gallon means you saved $750 per year. $750 a year will not hardly make a single car payment, plus the additional insurance, not to mention down payment. You can work out the various cost of fuel vrs the various mpgs per vehicles and still most likely will not come up more than one to three of months of car payments saved. gas goes to 4 bucks and its now 6 months of car payments saved so it start to get to a better payback... but a paid for, good running vehicle is hard to beat. Careful driving with no warmups or excessive idling can easily push up mpg's on any vehicle by 3 mpg... of course it depends on interest rates, down payments, credit ratings etc. Now get you one of those interest free loans, and 1700 dollar tax incentive, you can start to do better... And most of us just are going to replace our cars anyway, anyhow.
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