Gas prices

[TheMercenary]

Originally Posted by HLJ

Let's say you drive 15,000 miles per year and your old car gets 15 miles per gallon. If you replace it with a car that gets 30 mpg (still pretty modest) you'll save 500 gallons of gas per year. At the current gas price that's $1,500 per year. What else can you do to save so much so easily?

I thought the role of financial planners was to encourage you to save money.

How do you save money if you sell a car you own, an older car, and buy a new car? Pick a number... either way you are now paying a car payment, what if it was only $200 per month {pretty damm low}, that is $2200 a year more in expense. If you can afford a really new car you would be paying more like $400 or $600 a year which would be $4800 or 7200 a year.