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I agree with DRM about all the false claims of MPG and CPM. I'm not very good at numbers but I know my V10 Ford gets 7.5 to 9 MPG when I'm towing my big goose.
When I budget for a trip, I figure about $.05 per mile for all fluid changes, all filter changes, tire wear, brakes, and tune ups; but not MPG. Is this figure way off base? How do I figure in hard parts like water pumps or transmissions and things like that?
I don't know how to figure in depreciation. I paid $20,700 for the truck in November 2001, when it had 38,000 miles; now it has 153,400 miles. Do I figure in the amount of money I make with it? I deliver cars and bikes with it.
(1999 Super Duty Crew Cab V10 Dually)
On the other hand, I drove my friend's Dodge Ram 3500 with a Cummins TD, and I was amazed that it got an honost 21 MPG, empty, for 648 miles at 65-70 MPH. He has done a lot of work to it, as he is a diesel mechanic for a Dodge dealer. I was thinking the fuel savings alone would make the monthly payments. I drive about 9,000 to 10,000 miles a month. From an accountant's perspective, do you think the fuel savings alone is reason to buy a new diesel truck?
Thanks for any help...I am REALLY struggling with this. I not very good with decisions like this.
When I budget for a trip, I figure about $.05 per mile for all fluid changes, all filter changes, tire wear, brakes, and tune ups; but not MPG. Is this figure way off base? How do I figure in hard parts like water pumps or transmissions and things like that?
I don't know how to figure in depreciation. I paid $20,700 for the truck in November 2001, when it had 38,000 miles; now it has 153,400 miles. Do I figure in the amount of money I make with it? I deliver cars and bikes with it.
(1999 Super Duty Crew Cab V10 Dually)
On the other hand, I drove my friend's Dodge Ram 3500 with a Cummins TD, and I was amazed that it got an honost 21 MPG, empty, for 648 miles at 65-70 MPH. He has done a lot of work to it, as he is a diesel mechanic for a Dodge dealer. I was thinking the fuel savings alone would make the monthly payments. I drive about 9,000 to 10,000 miles a month. From an accountant's perspective, do you think the fuel savings alone is reason to buy a new diesel truck?
Thanks for any help...I am REALLY struggling with this. I not very good with decisions like this.