Is it worth it?
In May of '03, when gas was hovering around $1. 50, I bought an '89 Toyota Tercel. 5-speed, 4-cylinder, manual steering. It cost me $250. It was smoking a lot (a couple of quarts over full of crankcase oil) and the muffler was rusted off.
I drained the extra oil out and put a used muffler on. It ran great.
I made a game of squeezing the best MPG out of it I could. Over a 5 tank average, it would flirt with 40 MPG. That required coasting down hills with the engine off and turning it off at red lights.
I drove it as much as I could drive a little two door car. I took it to Home Depot and carried 2x4s sticking out the window. I loaded it down with work tools in the trunk. I put 8000 miles on it in one year.
With gas at $2. 00 a gallon, I figured out the total benefit of driving the smaller car over my truck was $19. 99 a month. #@$%!
Liability insurance, license fees, tires, and all the other stuff add up fast. Batteries don't care if you drive 8k or 100k a year, they still go bad. Not to mention what you could be doing with your $4k or $5k if it wasn't tied up in a car.
After a year and a half I sold the beer can on wheels. It served me well, it did more than I expected. It was fun to drive. But I couldn't make the money work out.
None of our cars get over 26 MPG right now. And I'm not looking to trade off any of them. Just my . 02, your experience will vary.
