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Hybrids

giles

giles

Cull buck specialist
Supporting Member
44,784
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The real Amish country
First tank is in the books with the first fill up. I've been driving it normal.
20210614_185912.jpg
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giles

giles

Cull buck specialist
Supporting Member
44,784
228
The real Amish country
It wasn't DEF it was diesel fuel. I haven't filled the tank since and it hasn't leaked again. I can still smell fuel, but it isn't dripping. I just don't fill the tank and it fixed itself🤣

Anyways, I haven't been tracking MPG because of this. I can say that I used to spend $45 every other day and now I spend $40 every 3 days.

Overall very satisfied with the purchase. Car feels stable like a sports car yet comfortable like a luxury car. Wife has a 19' Honda Pilot that we took north a week ago and this 13' is way more comfortable. I hope they come back out with the diesel car in the states. Otherwise I'm probably gonna drive this one to the dirt. First car I've ever liked. I might even take the back seat out and figure out the full leak🤣
 
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giles

giles

Cull buck specialist
Supporting Member
44,784
228
The real Amish country
www.toyota.com

2024 Toyota Tundra | Toyota.com

Explore the features and the options you can get when you choose the 2024 Toyota Tundra with its intensely powerful twin-turbo engine and exceptional towing capacity.
www.toyota.com www.toyota.com

I had to go look it up. Looks like they've released numbers and packages now. Turbos and electric! 😳
 
giles

giles

Cull buck specialist
Supporting Member
44,784
228
The real Amish country
at1010 said:
I cannot comment on hybrids. However, my advice is below based on your fear of fuel price increases.

Fuel prices are extremely variable and have been for the last 40 years. I would not make a "big" purchase for fear of the short-term volatility of the fuel market. Even if gas goes up 100%, say $2 to $4 for talking purposes- and you fill your tank up 2 times a month - assuming a 25-gallon tank (that car would be a smaller tank) - you are spending an extra $50 a month. Even if it goes to 6 dollars a gallon, in this scenario you'd spend an extra 100 a month on a 200% increase in gas prices.

Now, as soon as you buy a car, you have bought a depreciating asset. The used car market is at a hot right now, due to various reasons - stimulus money being one of them. So let's say that the hybrid increases your fuel mileage by 100% at a $4 per gallon market cost - you are saving $50 a month compared to your current car situation (filling up 1 time a month vs. 2).

So the question is, will the money spent on a new vehicle, that is immediately depreciating and unless paying all cash, will have a car loan around 4-8% depending on your credit score, worth the $50 per month savings? Whereas, that same cash, could be applied elsewhere to free up the negative % on the liability sheets and allow more asset purchases.

I am not against buying a vehicle, we all need them - just wanted to share my opinion based on your fear of fuel charges. I hope this is read with a sincere tone, in which in type.

My process is as follows:
Anytime I make a large purchase I look at it from a % basis
Total money spent
Appreciable asset or depreciable liability
Other liability debts that could be paid down (credit card, another car, etc.)
Conservative opportunity growth % in any other form compared to the liability
Decision is made
Click to expand...
Do you still feel the same way? My VW TDI is waiting on transmission parts that are on backorder, so I've been driving the truck. I filled up this morning and then again just now. Straight to work and straight back.
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at1010

at1010

*Supporting Member*
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giles said:
Do you still feel the same way? My VW TDI is waiting on transmission parts that are on backorder, so I've been driving the truck. I filled up this morning and then again just now. Straight to work and straight back. View attachment 150112
Click to expand...

Yea buddy. I still feel my process fit
My process is as follows:
Anytime I make a large purchase I look at it from a % basis
Total money spent
Appreciable asset or depreciable liability
Other liability debts that could be paid down (credit card, another car, etc.)
Conservative opportunity growth % in any other form compared to the liability
Decision is made
 
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giles

giles

Cull buck specialist
Supporting Member
44,784
228
The real Amish country
at1010 said:
Yea buddy. I still feel my process fit
My process is as follows:
Anytime I make a large purchase I look at it from a % basis
Total money spent
Appreciable asset or depreciable liability
Other liability debts that could be paid down (credit card, another car, etc.)
Conservative opportunity growth % in any other form compared to the liability
Decision is made
Click to expand...
I understand. Just seems the vehicle market has actually gained value since this. I wish I had 50 trucks to sell so I could retire, lol.
 
Big Weff

Big Weff

Junior Member
1,089
97
Athens
We are pregnant with our third right now and the wife has been pushing really hard for a hybrid mini van. Long story short we bought one last Friday and so far I freakin love the thing, “never thought I’d type those words”. The wife’s round trip commute is about 35 miles daily which is within the battery range of the van. She plugs it in at night and they also have charging stations at her work. The dealership in pomeroy filled it up when we bought it and it is still well over 3/4 tank. She is essentially burning no fuel when she is only driving from home to work and back. I will report back when we have some more wheel time. So far so good though 🤘🏻
 
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