Hybrid Economics

enerjazz · 08-10-2004, 11:28 PM

Scott Burns, the excellent Business columnist for the Dallas Morning News, owns a classic and a 2004 Prius. He has written several favorable columns about the car. This one deals with the economics of good gas mileage. Dallas Morning News online requires a free subscription.

investment vehicle could burn less money
Better gas mileage adds up to fewer dollars lost at the pump
08:00 AM CDT on Tuesday, August 10, 2004
By SCOTT BURNS / The Dallas Morning News

Allow me to introduce a new investment vehicle: your car.

No, I'm not talking about investing in cars that rise in value. We all know that virtually never happens. Cars are a wasting asset. They lose value faster than money. Drive a new car off the lot and it's lost value before you get it into the garage.

So your car isn't a true investment vehicle.

But its fuel efficiency can be. Exchange your fuel-inefficient vehicle for one that gets better gas mileage and you'll consume less gasoline. Every gallon not consumed is money not spent.

. . . more at http://www.dallasnews.com/sharedcontent/dw...urns.166eb.html

richard schumacher · 08-11-2004, 07:06 PM

His point is that the money saved on gas by buying a more economical car (he's careful not to specify a Prius) can be equivalent to a rather large amount of invested capital, given today's small rates of return. He provides a simple spreadsheet model of the savings.

Oh ho! Here's the same article on an open (no registration required) website: http://www.uexpress.com/scottburns/

08-10-2004, 11:28 PM	#1
enerjazz Senior Member Join Date: Feb 2004 Location: Fairview, TX Posts: 179 My Car: 2007 Prius Model: N/A Package: #3 Thanks: 1 Thanked 9 Times in 4 Posts Friends: 0	Hybrid Economics Scott Burns, the excellent Business columnist for the Dallas Morning News, owns a classic and a 2004 Prius. He has written several favorable columns about the car. This one deals with the economics of good gas mileage. Dallas Morning News online requires a free subscription. investment vehicle could burn less money Better gas mileage adds up to fewer dollars lost at the pump 08:00 AM CDT on Tuesday, August 10, 2004 By SCOTT BURNS / The Dallas Morning News Allow me to introduce a new investment vehicle: your car. No, I'm not talking about investing in cars that rise in value. We all know that virtually never happens. Cars are a wasting asset. They lose value faster than money. Drive a new car off the lot and it's lost value before you get it into the garage. So your car isn't a true investment vehicle. But its fuel efficiency can be. Exchange your fuel-inefficient vehicle for one that gets better gas mileage and you'll consume less gasoline. Every gallon not consumed is money not spent. . . . more at http://www.dallasnews.com/sharedcontent/dw...urns.166eb.html __________________ Paul www.enerjazz.com/prius 2004 Seaside Pearl - now driven by my daughter 2006 Pine Mica - driven by my wife 2007 Barcelona Red - purchased used, now my wheels

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08-11-2004, 07:06 PM	#2
richard schumacher Destination: Eschaton Join Date: Mar 2004 Location: United States Posts: 5,886 My Car: 2004 Prius Model: N/A Package: #6 Thanks: 140 Thanked 203 Times in 130 Posts Friends: 0	His point is that the money saved on gas by buying a more economical car (he's careful not to specify a Prius) can be equivalent to a rather large amount of invested capital, given today's small rates of return. He provides a simple spreadsheet model of the savings. Oh ho! Here's the same article on an open (no registration required) website: http://www.uexpress.com/scottburns/