I'm planning to buy a Suzuki V-Strom to commute to work.
Here's the analysis.
Daily commute in miles: 55 miles. All Highway Miles.
Gas Price: $3.70
Current Vehicle: Honda Accord 98. Future Vehicle: Suzuki V-Strom
Highway MPG 25 46
55 miles I will use 2.2 Gallons 1.19 Gallons
Cost per day $8.14 $4.4
Cost per Month $244.2 $132.0
Monthly Savings: $112 per Month.$1344.00 a year.
Now let's look at cost.
Suzuki V-Storm 650 MSRP. 7,000.00
Finance $1000.00 Down. $6000.00 36 payments at 9.00% Interest.
$2,000.00 a year + 2,000 x %9 ($180.00) / 12 = $181.00/month
If I substract the money I save monthly ($112) the Payment would be a astounding $69.00
a month. But then you add the Insurance and maintenance and you 'll end with $100.00
