Car Payoff Chart

ak_cowboy

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With all the talk about high fuel prices and guys selling their rigs to buy an economical car, I decided to make up an excel sheet to figure out how long it would take to pay that new car off. Its probably not perfect, but it's close.

CarpayoffChart.jpg


quick edit, if you use this. The last formula should be (C9/(B5-B7)) to figure the "Years to Pay Off"
 
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Good chart and I don't think they are effing around fuel price here went up 10 cents over night $80 got me 22 gal
 
great chart. i however live by a different set of economics, i pay cash for my vehicles and then i don't have to worry about making those interest payments to the bank.
 
Thanks guys. Gas will need to be $5 before I can buy a car over $2000 and make It worthwhile.
 
If I didn't owe money on my truck, I'd keep it and drive it, but I still owe quite a bit, so I'd rather sell it, get a cheap car or ranger, and later on buy another truck.
 
Thought you got gas for free???

I do it's called the farm pays for it I took my dad's 250 to fill up both tanks and they limited the pump to $80 and it was 22.something gallons

I use the farm's bank card to fill up cause I use my truck to haul equipment, get parts, drive it around the farm to build fence etc. Cause it's way better on gas than my dad's 460bb 250

And I also make gas and diesel runs with a 80 gal tank and a 150 gal tank

The only time I buy gas is when I use my truck for myself. That is when I hate gas prices lol. But 80% of the time I get free gas.
 
gas hog truck.....$1200
little pussy car.....$2000
gas...$3.39
300 horsepower under your foot.............priceless
 
I ain't givin up a truck and will probably keep my F150 to drive around town but I am lookin at a old school mazda pickup (the mazda equivalent to a ford courier) that is $750 (and can more than likely be talked down on) I just have to save a little money and go get a close view (one of our commercial customers at work is selling it and I asked him about it today and will probably go and look at it tomorrow after work)
 

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