Post by
Q45tech »
https://forums.nicoclub.com/q45tech-u112.html
Sun Jul 04, 2004 7:24 pm
A 10 year old car even one with only 100k is worn, but if maintained well should make 250,000 miles.
Lets' use 200k life as very safe.
You will be paying 5 cents [plus interest or loss savings value] per potential mile [purchase price] and another $12,000 in maintenance and repairs [$2,000 per year prorated] over that period AFTER you fix everything defective or needed immediately [Say another $2-3,000].........19-20 cents per mile plus gas, insurance, tag, title, is CHEAP..........36 cents per mile.......roughly what IRS allows for an economy car.
Obviously inflation will add a few pennies per mile over the 6-10 years.
Make sure you do whats necessary with transmission, ac, engine, etc so that you have no replacement costs during that period.