Comments on: Cash For … Nevermind http://cashonthebarrelhead.net/2009/08/cash-for-nevermind/ one family's quest for positive cash flow Sun, 06 Jun 2010 08:18:54 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Alec I Ostrom http://cashonthebarrelhead.net/2009/08/cash-for-nevermind/comment-page-1/#comment-406 Alec I Ostrom Sun, 09 Aug 2009 18:04:18 +0000 http://cashonthebarrelhead.net/?p=788#comment-406 We just did the same research on the Ford Escape hybrid - a relatively small 4wd SUV and came to the same conclusion. The price, $30,000.00 give or take, minus $4,500.00 (essentially a down payment), still leaves $25,000.00 to either be paid from our savings or to be financed, and thus we would be stuck with a car payment. The Ford Escape hybrid small SUV claims to get 34 mpg around town and 31 mpg on the highway, and you do get a $1,500.00 tax deduction because it is a "green" vehicle, BUT we just can't afford to do the car payment or to reduce our savings account that much. My Jeep Grand Cherokee is 9 years old and gets about 16 mpg on average, but it is in excellent condition at 100,000 miles, so we are going to continue to pollute the air (grrrr!) and just wait until the money facts get better. Ike We just did the same research on the Ford Escape hybrid – a relatively small 4wd SUV and came to the same conclusion. The price, $30,000.00 give or take, minus $4,500.00 (essentially a down payment), still leaves $25,000.00 to either be paid from our savings or to be financed, and thus we would be stuck with a car payment.

The Ford Escape hybrid small SUV claims to get 34 mpg around town and 31 mpg on the highway, and you do get a $1,500.00 tax deduction because it is a “green” vehicle, BUT we just can’t afford to do the car payment or to reduce our savings account that much.

My Jeep Grand Cherokee is 9 years old and gets about 16 mpg on average, but it is in excellent condition at 100,000 miles, so we are going to continue to pollute the air (grrrr!) and just wait until the money facts get better.

Ike

]]> By: Charmaine http://cashonthebarrelhead.net/2009/08/cash-for-nevermind/comment-page-1/#comment-403 Charmaine Thu, 06 Aug 2009 15:45:59 +0000 http://cashonthebarrelhead.net/?p=788#comment-403 We are a 1 car family and even though there are some struggles, we are doing pretty well with the situation. We don't plan on getting a second car unless it is absolutely necessary for Mark's future job (i.e. a job in Rochester or Duluth). Also, our car is a Toyota hybrid and I LOVE it! We usually fill it up once a month (if that) and I don't even have to fill it when we drive to visit my folks in Chicago. It is the way to go! We are a 1 car family and even though there are some struggles, we are doing pretty well with the situation. We don’t plan on getting a second car unless it is absolutely necessary for Mark’s future job (i.e. a job in Rochester or Duluth).

Also, our car is a Toyota hybrid and I LOVE it! We usually fill it up once a month (if that) and I don’t even have to fill it when we drive to visit my folks in Chicago. It is the way to go!

]]>