OK, so we're getting closer to the point where the new car makes sense. Still not there yet.

See how the math works for yourself:


http://spreadsheets.google.com/pub?key=pe_B8vgjx0mQTNyioMLMZfw

Play with the numbers, or download it yourself.


If you want to edit the document, PM me with your email, I'll invite you to collaborate on the doc.


Excel version attached to this message.

If you can get the car for zero down it may help a little. Depreciation is not a big deal for you since you keep them until they vaporize. However, if you put a down payment then that is a factored/annualized cost.

After seeing the gas prices in NY state this weekend, I'm not complaining about NJ and PA one bit. Unfortunately, I don't think it will be too long before this becomes the average: