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10:57 am October 9, 2012
| WellKeptWallet
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I recently wrote a post called Why MPG Matters When Buying a Car and I was curious to see who in the Yakezie community would own a vehicle with a V-8 engine. I am not anti-V8, I am just curious as to the reason why you would own one. Is it the power, the ability to tow, etc? If you get a chance, check out the post and let me know your thoughts. Thanks!
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12:28 pm October 9, 2012
| krantcents
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I don't own one and it has been a very (more than 30+ years) long time since I did. I can think of some instances where you may need one such as a truck used for work or a car that tows a trailer or boat. If you do not drive very much it may not matter if your car is gas guzzler or not.
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4:17 am October 10, 2012
| MoneyBeagle
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For our camper, our V-6 is adequate but a V-8 would definitely give some breathing room.
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8:57 am October 10, 2012
| PK @ DQYDJ
| | The Intersection of Politics, Economics and Personal Finance. | |
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I did – I had a Z28, and I didn't wreck it, haha.
Now we're got a V6 Jeep (which does feel a bit underpowered!) and an I4 turbo in my car (which is plenty powerful). So no – I haven't had a V-8 for a while.
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10:15 am October 10, 2012
| WellKeptWallet
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krantcents said:
I don't own one and it has been a very (more than 30+ years) long time since I did. I can think of some instances where you may need one such as a truck used for work or a car that tows a trailer or boat. If you do not drive very much it may not matter if your car is gas guzzler or not.
That is a great point. If you do not drive the vehicle often, it may not matter what the size of the engine is. However, I find that a lot of people don't even take this in to consideration when buying a vehicle that is a "daily driver". They just buy it because they like it and then wonder why they are living paycheck to paycheck. It is amazing how much $2,000/year would change the average person's financial picture.
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10:18 am October 10, 2012
| WellKeptWallet
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MoneyBeagle said:
For our camper, our V-6 is adequate but a V-8 would definitely give some breathing room.
It seems like a V-6 can be a great solution to those who need to have a vehicle with a camper, who need the ability to tow, etc. It gives you just enough power to get the job done yet gets better gas mileage for daily use than a V-8.
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10:19 am October 10, 2012
| WellKeptWallet
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PK @ DQYDJ said:
I did – I had a Z28, and I didn't wreck it, haha.
Now we're got a V6 Jeep (which does feel a bit underpowered!) and an I4 turbo in my car (which is plenty powerful). So no – I haven't had a V-8 for a while.
A Z28? That is awesome! I had a buddy that had one of those and it was a blast to ride in. Congrats on not wrecking it.
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12:30 pm October 10, 2012
| MoneyBeagle
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WellKeptWallet said:
MoneyBeagle said:
For our camper, our V-6 is adequate but a V-8 would definitely give some breathing room.
It seems like a V-6 can be a great solution to those who need to have a vehicle with a camper, who need the ability to tow, etc. It gives you just enough power to get the job done yet gets better gas mileage for daily use than a V-8.
Actually the V-8 would have likely got the same, or maybe even slightly better city mileage, believe it or not. The downside is it is Rear Wheel Drive where the V-6 is All Wheel. Plus the up front costs.
Always tradeoffs :)
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1:07 pm October 10, 2012
| krantcents
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WellKeptWallet said:
krantcents said:
I don't own one and it has been a very (more than 30+ years) long time since I did. I can think of some instances where you may need one such as a truck used for work or a car that tows a trailer or boat. If you do not drive very much it may not matter if your car is gas guzzler or not.
That is a great point. If you do not drive the vehicle often, it may not matter what the size of the engine is. However, I find that a lot of people don't even take this in to consideration when buying a vehicle that is a "daily driver". They just buy it because they like it and then wonder why they are living paycheck to paycheck. It is amazing how much $2,000/year would change the average person's financial picture.
You touched on a very important point, most people do a lot of thinsg without thinking it through. Whether they do not look at the consequences or don't care.
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3:46 pm October 10, 2012
| Edward Antrobus
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The largest car I've ever owned was a 4 cylinder Camry, but I have friends with SUV's but almost without exception, they all have kids. My brother-in-law has 4 kids, 3 of which are still in car seats. So he didn't have a terribly large selection of cars to buy, especially not with his $2000 budget.
Another friend also has three young sons. His wife and he each have a daily commuter (he drives a diesel Jetta), plus the have a "family" car of a Toyota Sienna.
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3:10 am October 11, 2012
| Financial Samurai
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Something to think about.
Better to own a V-8 used than buy a brand new Prius without blowing up your previous car.
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Regards,
Sam
Financial Samurai - Helping you achieve financial freedom sooner, rather than later.
Yakezie Network Founder
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4:54 am October 11, 2012
| Glen Craig
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Umm, yeah, what size engine do you want after the apocolypse (Mad Max' Interceptor)?
Seriously though, I think you need to compare apples to apples. Like Edward mentions you might need a bigger car. If you have 4 kids an Echo or Prius just won't cut it.
But I do think you should consider mileage. I don't see the use in using up gas if you don't have to. Plenty bought Hummers and such because they just wanted a big car.
Maybe a bigger question is why can't we have bigger engines that have better mileage and environmental factors in them?
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8:50 am October 11, 2012
| WellKeptWallet
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Edward Antrobus said:
The largest car I've ever owned was a 4 cylinder Camry, but I have friends with SUV's but almost without exception, they all have kids. My brother-in-law has 4 kids, 3 of which are still in car seats. So he didn't have a terribly large selection of cars to buy, especially not with his $2000 budget.
Another friend also has three young sons. His wife and he each have a daily commuter (he drives a diesel Jetta), plus the have a "family" car of a Toyota Sienna.
Yeah, having multiple kids definitely helps justify the cost. What gets me is the people that drive an Escalade as a daily driver, with no kids yet, and are struggling to get by. Sell the car, and get something that will help improve your bottom line.
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8:57 am October 11, 2012
| WellKeptWallet
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| Member | posts 207 |
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Financial Samurai said:
Something to think about.
Better to own a V-8 used than buy a brand new Prius without blowing up your previous car.
True that! I am a Used car guy all the way! Check out a post I did a while New Car Vs. Used Car.
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9:03 am October 11, 2012
| WellKeptWallet
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| Member | posts 207 |
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Glen Craig – Free From Broke said:
Umm, yeah, what size engine do you want after the apocolypse (Mad Max' Interceptor)?
Seriously though, I think you need to compare apples to apples. Like Edward mentions you might need a bigger car. If you have 4 kids an Echo or Prius just won't cut it.
But I do think you should consider mileage. I don't see the use in using up gas if you don't have to. Plenty bought Hummers and such because they just wanted a big car.
Maybe a bigger question is why can't we have bigger engines that have better mileage and environmental factors in them?
I would definitely drive the Mad Max Interceptor if there was an Apocalypse! Either that or the car from Knight Rider. You make a valid point. If we could have bigger engines that would get better mileage, then it would be a non-issue. Also, if fuel costs were cut in half, then it wouldn't be too bad either.
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