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Old 05-10-2008
Americano Americano is offline
Secretary of State

 
Member Since: Feb 2007
Location: Southern Oregon
Posts: 5,661

   
Re: Oil hits $114/barrel - No end in sight.

Quote:
Originally Posted by Imperator View Post
yea, I know where this is heading, I say, by July the latest.
After my wife crunched the numbers; less maint. costs on my cobra as I won’t be driving it very often, insurance break ( offset by the additional car) it would still take 6 years to realize a savings from the Focus, at present prices, BUT, I don't think we will see a drop, so that would make it pan out sooner as the prices are still going to go north of $5 anyway....so there ya go.
Are you referring to Ford's Cobra, not the Shelby version? If the Cobra is a classic (you probably wouldn't be using it as a commute piece) very inexpensive insurance coverage is available from several companies. If not a classic you should consider selling it and putting the money into a classic where MPG isn't a consideration and the appreciation is beyond your wildest dreams.
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