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I recently received an e-mail from a consumer who was inquiring
what I thought about a new Hyundai Sonata. I replied that the
Sonata has good quality, a reasonable repair history, that it
represents a fairly good value, and it gets about 32 mpg on the
highway. I informed him about future hybrids. He was concerned
about the high costs of hybrids and that the batteries might need
an expensive replacement..
With a second e-mail reply, I informed him that the Sonada could
become outdated regarding fuel economy if gas should goes to
$7.00 per gallon next summer (in today’s world can we be sure of
anything?). In other words, he would be spending about $18,500
for the car and thus he would need to insure the vehicle from every
angle. .
If gas goes to $7.00, he would have high fuel costs, payments on
the $18,500, and the fairly significant insurance costs. I informed
him that Kia will have a Rio hybrid (I did a recent article on this
vehicle) that will get about 53 mpg and cost of about $15,000.
Furthermore, the batteries of hybrids will be improved by 2009 or
2010. Basically, I suggested that he not make a large commitment
of money until he sees where gas prices are going..
One alternative would be for him to consider buying a used vehicle
that has reasonable gas mileage, a good repair history, at a much
lower cost than a new car. If gas prices really go up, he would not
be in too deep financially. There are many dependable used vehicles
available at reasonable prices!
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About six months ago,
I purchased a 1993
Acura Vigor (Acura is
the upper division of
Honda). from a private
owner in Orlando, FL.
The guy owned the car
from 10,000 miles on.
The car was well
maintained, and it
has a solid body. I
paid $2,800 for a
car that cost about
$27,000 when new
(today the same vehicle costs about $40,000). In late July the
car was inspected and emissions tested. It needed four light
bulbs for he front side markers. Since I paid $2,800 for the car,
I am not insuring it to the max.. Insurance cost when I combined
it with my Volkswagen Jetta is an extra $130. Last,
but not least I drove the car 1,100 miles on the interstate and the car
got very close to 31 mpg. This is competitive with today’s comparably
sized vehicles.
Yes, this car may well be outdated regarding das mileage in the future,
however, I have a nice piece and I do not have too much money invested.
I realize that a future hybrid might be needed if its price makes sense.
In the meantime. consider joining me by getting a great buy on a used
“fuel efficient” vehicle. If I can do it, you can do it too!
Kyle Busch is the author of “Drive the Best for the Price…” He
welcomes your comments or car questions at his auto web site:
www.DriveTheBestBook.com.


