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View Diary: From Floods to Drought and Back: Global Weirding (78 comments)

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  •  Leasing don't save money... (0+ / 0-)

    Even if it's a subsidized lease to move slow selling vehicles like the Volt and other electric cars. To keep your transportation costs down, you need to keep a vehicle 'til it's at least 10 years old... Otherwise the depreciation will eat you alive. I run my cars for around 25 cents a mile, because they get at least 40 MPG and I keep them around 20 years. My motorcycles cost 15 to 20 cents a mile to run, as they get 30 to 60 MPG and I've got a couple 30 year old ones with over 100k miles still in use. Try that with an electric car and your first battery pack replacement after around 10 years will cost more than the car is worth.

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