Real Cost of ownership: Fit v/s Civic v/s Civic Hybrid v/s Accord VP
I am in the market for a new car, so I've done some calculations for total cost of ownership. I thought I should share this with you guys and discuss the valididyt of such a comparison. I am restricting my comparison to Hondas only, because that's the only brand I want.
Any questions / comments / suggestions are appreciated.
TIA
Here are some notes:
--> Ownership window is 4 years.
--> Gas mileage is actual mileage users experience from http://www.fueleconomy.gov . Average gas cost = $3.5 over 4 years
--> Insurance rates are from AAA for this year. Since rates go down, I've assumed total insurance costs for 4 years = 3.5 times this years rate.
--> Bay Area bridge tolls have been included. $3 for every commute day for 50 weeks for two years. (Job could change within four years, hence being conservative).
--> Opportunity cost is simply the money I would have made if I had not plunked money into the car. (Does not include opportunity cost of insurance / gas / maintenance).
Any questions / comments / suggestions are appreciated.
TIA
Here are some notes:
--> Ownership window is 4 years.
--> Gas mileage is actual mileage users experience from http://www.fueleconomy.gov . Average gas cost = $3.5 over 4 years
--> Insurance rates are from AAA for this year. Since rates go down, I've assumed total insurance costs for 4 years = 3.5 times this years rate.
--> Bay Area bridge tolls have been included. $3 for every commute day for 50 weeks for two years. (Job could change within four years, hence being conservative).
--> Opportunity cost is simply the money I would have made if I had not plunked money into the car. (Does not include opportunity cost of insurance / gas / maintenance).
HCHII : $23284
Taxes: $2187
Tinted windows: $200
The knowledge that you are doing your part: priceless...
Glad you found a way to justify your choice. I'm got mine for the Earth.
Taxes: $2187
Tinted windows: $200
The knowledge that you are doing your part: priceless...
Glad you found a way to justify your choice. I'm got mine for the Earth.
Originally Posted by noflash
HCHII : $23284
Taxes: $2187
Tinted windows: $200
The knowledge that you are doing your part: priceless...
Glad you found a way to justify your choice. I'm got mine for the Earth.
Taxes: $2187
Tinted windows: $200
The knowledge that you are doing your part: priceless...
Glad you found a way to justify your choice. I'm got mine for the Earth.

It's reassuring to hear that there are still some folks like you.
Thread
Topic Starter
Forum
Replies
Last Post
brosenz
Honda Accord Hybrid
3
Jan 29, 2008 02:30 PM
ndabunka
Toyota Highlander Hybrid
1
Jan 17, 2008 09:20 PM





