Five Reasons to Keep Your Gas Guzzler

06/24/08 - 12:38 PM EDT

Jeffrey Strain

This should in no way imply that you should be happy with a gas guzzler. It's costing you money that it wouldn't be if you had chosen a more fuel-efficient car to begin with. It simply means that if you want to make the best financial decision, you need to look at all the costs that will result from the sale of the gas guzzler.

If these can ultimately be recouped with the savings that you will receive from getting a fuel-efficient car, it's time to make the trade, but if they can't, take the steps to get better gas mileage and reduce the amount you drive until it's time to purchase your next vehicle.

Just be sure that when that time comes, you purchase one that is fuel-efficient, so that the above situation is never an issue again.

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Jeffrey Strain has been a freelance personal finance writer for the past 10 years helping people save money and get their finances in order. He currently owns and runs SavingAdvice.com.
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