Saturday, May 31, 2008

Car update

It's been just over a year since we bought the Malibu on Memorial Day 2007. I looked on Memorial day this year and it had just under 15,500 miles on it one year later. So, lot's of miles, but we bought it as a commuter and of those miles, probably 13,000 or more were back and forth to work and general running around on errands. A report shows we spent about $1600 on gas in that 12 months. I ran another report, and even with the increase in gas prices over the last year, we STILL spent about 20% less on gas this last 12 months, than with did the previous 12 month period driving the Envoy and avalanche. Score! And I'm still glad with didn't spring more money for a hybrid vehicle as at this rate we're still ahead on overall spending for the next 5+ years, even at the current rate of gas price increases. Yeah, we likely would burn less gas overall but this balances out well for us. Melanie is waiting for a hybrid avalanche to come out!

We're so lucky we can carpool together. We saved money, but if we have to each drive to work, that would be another $1500 or so out of our pockets.