I’m Not Laughing Anymore…
Gas prices are no joke and it’s burning a bigger hole in my wallet. I filled up today at the 76 Gas Station near Tully Rd. in San Jose, CA and I paid nearly $58 for gas today at $4.83/gallon. FYI, this is for premium gas. The price for regular gas was $4.67.
I own a 2005 Mitsubishi Lancer Evolution VIII. It is not an economy car by any means; I can get an average of 20-22MPG with a light foot. I have debated many times with myself on if I should keep the car or not. The car is very expensive to upkeep! I’ve asked myself many times if I should trade it in and get a hybrid, get a beater, or get a motorcycle. There are lots of ways to approach this.
I could trade the car in and take an extension of paying car payments for another 5 years, but that defeats the purpose of trying to get out of debt. I have about 2 years left until the car is paid off. I could buy a beater for under $3000-$4000, then again the vehicle could become a money pit. Or I could get a motorcycle which certainly would be most ideal but puts my life at more risk.
What would you do?
I hear ya, bro’. The EVOs costing me ~$60.00 to fill up and the wifey’s car is ~$75.00!
Now, what would I do…?
Go make more money!