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I do have car insurance, and I used to have motorcyle insurance, but I would be paying as much on my motorcycle as I do on my car, and have less coverage, and it would go way way up if I wanted bodly injury coverage, and even with that would only cover $1,000 of medical bills, so I droped it, it's a 125cc 200lb motorcycle that tops out at 60mph. even with a moped getting 100 mpg, and costing $1,000 new, you will still spend over 12 and a half cents per mile if you own it for 10,000 miles, then add on tires, oil, light bulbs... sure it will be cheaper then alot of cars, and parking is cheaper (at least here state law asks that you park them on sidewalks when there is room) and alot more fun, so if the choice is a sports car, or a moped, get a moped, besides, girls love them. |
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Wow, there are states that don't require insurance? That's nuts!
I thought the same thing when I learned that most states can sell alcohol on Sundays! |
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My 1997 VW Passat wagon (with gasoline V6) was on a local Craig's for a month at $3300.
I removed the V6 (sold for $500) and installed a diesel (cost $800). I realistically think I could sell the car within 24 hours for in excess of $5000, or within a week for over $7000. And my 1969 is still worth over 3 times its initial sales price (not adjusted for inflation). |
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so a scooter or moped might still be good after 10,000 miles, but they are not built for the long haul, suspention pivits are normaly steel on steel without greese zerks, shocks get replaced as a unit not rebuilt, the frame is stamped sheet metal with spot welds... I haven't seen very many with 10,000 miles on them. And on the topic of cars going up in value, it happens, I owned a 1982 vw pickup truck, the ones based off the rabbit, owned it for a number of years and sold it for more then I paid for it, and I haven't seen one sell for even close to as little as I sold mine for. my civic VX, I figure I could sell it for $500 more then I paid for it on Ebay two years ago, same with my CRX HF, or '83 civic DX, really, the question should be, unless you plan to own a vehicle for the rest of it's usefull life, why wouldn't you choose one that is going to go up in value if you take care of it? |
I just figured out that my geo has, or is close to paying for itself thru gas savings :D . This is compared to the buick it replaced that got 27 mpg regularly. My geo only cost $250 though :) .
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Dollars per mile is really where it's at for me. Saving money is the main (only?) reason I'm a gas saver.
Just an update to my current $/mile. The attached chart is only $/mile due to gasoline purchases for the time that I have kept records. The red dashed line is a running average. My $/mile has actually increased by $.02/mile since April (previously $.11 per mile). Here's the breakdown in $ per mile: Gasoline: $.0599 Maintenance (estimated $160/yr): $.0129 Registration (estimated $48/yr): $.0039 Insurance (estimated $420/yr): $.0340 Depreciation ($1500 / 68,000 miles): $.0221 TOTAL: $.1328 https://www.gassavers.org/attachment....1&d=1193073647 |
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