Author Topic: 155mph car gets 186mpg and costs £7500 (Read 1929 times)

Toad · « **Reply #45 on:** May 22, 2006, 01:25:12 PM »

No fair, Midnight, no fair!

rpm · « **Reply #46 on:** May 22, 2006, 02:47:22 PM »

Quote

Originally posted by Midnight
Would you really buy another car just to use for commuting? You aren't going to save a penny if you don't have it for a LONG time.

Figure the 1st year costs alone: (costs may vary, these are approximate)
1. Purchase: $14,158
2. Sales Tax: $707
3. Excise Tax: $400
4. Registation: $65
5. Dealer Fee: $200
6. Insurance: $600

That's $16,130 - at $3.50 per gallon of gas, that's 4608 gallons of gas.

If your current vehicle gets 20MPG, thats 92,160 miles of driving to equal what you spend to get the thing.

Still want to buy it?

That's if the current vehicle has 92,000 miles left in it. Look at these numbers:
1. Tires: $500
2. Transmission repair: $1500
3. Engine repair: $1000
4. Towing: $200

You still have the same insurance, taxes, registration, ect. One thing to consider, not everyones current vehicle gets 20mpg. Mine gets a smooth 12.9 mpg.

soda72 · « **Reply #47 on:** May 22, 2006, 02:55:01 PM »

Quote

Originally posted by beet1e
Many people (including gunslinger ^) would waive "luxury" items to get a car which was competent for the commute and was economical.

If it doesn't have AC he won't be driving it for long. One two hour wait in a traffic Jam mid August without AC would change his mind...

AC is more of a necessity then a "luxury"...

Midnight · « **Reply #48 on:** May 22, 2006, 03:20:42 PM »

Quote

Originally posted by rpm
That's if the current vehicle has 92,000 miles left in it. Look at these numbers:
1. Tires: $500
2. Transmission repair: $1500
3. Engine repair: $1000
4. Towing: $200

You still have the same insurance, taxes, registration, ect. One thing to consider, not everyones current vehicle gets 20mpg. Mine gets a smooth 12.9 mpg.

RPM - I meant would you buy another car, as in a second vehicle, just for commuting. If it's going to be your only car, then it is probably a worth-while purchase.

Also, I just looked at the end specs for that thing again. Projected retail prices are actually $20,752 - an even bigger cost.

There's too many variables to give every possible cost analysis, but even for me (getting about 12.5 MPG) when you figure in the higher purchase price and taxes, I could still put in 82,695 miles before the new car paid for itself.

I left out maintenance, because if you have two vehicles, you have to figure the costs for both, so it's probably a wash.

straffo · « **Reply #49 on:** May 22, 2006, 04:30:05 PM »

Quote

Originally posted by john9001
i guess what you drive now would survive getting t-boned by a 3+ ton cargo truck?

or a Volvo if you're cheap

Gunslinger · « **Reply #50 on:** May 22, 2006, 04:41:40 PM »

Skuzzy and others,

Just FWIW, I DONT HAVE A/C in my Jeep as it is! BUT, I can take the top off and get a nice hot breeze.

Then again my hours wont require me to have A/C. When I get my hat I'll be going in at around 4AM and working till 9PM for roughly 3 weeks strait....hours after that very for the next 5 weeks and that cycle repeats itself every 8-10 weeks for the next 18 months minimum.

Nope you guys wont be seeing me too much.

Midnight that drops down to 52000 and change if you get around 12.5MPG. For somone (not me though) that has a 100 mile per day commute will easily drive that in 2 years. 50 mile/day it would take 4 years. I say the savings would almost pay for it and you can keep your "other car" without putting the miles on it.

Bad car
50 Miles per day = 4 Ga. @ $2.75 = $11/day X 20 days = $220/month fuel bill

Good car
50 Miles per day = 0.5 Ga. @ $2.75 = $1.37/day X 20 Days = $27
(calculated using 100MPG economy)

Difference of $193/mo.

now $15K borrowed @ 7% for 72 mo. with 0 down = $255.74/mo

$62.74/mo you'd be paying to:
1. Help the environment
2. Put less money into "big oil" and ultimately "our friends the sauds" hands
3. Build equity into something that Might hold some kind of resale value after 5 or 6 years.
4. not rack up the milage or the wear/tear on your "other car"

aside from the whole A/C thing it doesn't sound all that bad to me.....plus it looks better than a metro and doesnt have that "hybrid" stigma to it.

Hap · « **Reply #51 on:** May 22, 2006, 04:43:12 PM »

cars are metal pimps. i hate them all.

~~hap~~

soda72 · « **Reply #52 on:** May 22, 2006, 05:48:50 PM »

Quote

Originally posted by Gunslinger
Skuzzy and others,
Just FWIW, I DONT HAVE A/C in my Jeep as it is!

Have you used your jeep here during the summer?

When I first moved to Texas I had a small Toyota truck that did not have AC and had to get rid of it...

Skuzzy · « **Reply #53 on:** May 22, 2006, 06:41:32 PM »

Guns,..hehe,..I grew up in Corpus Christi, which is south of San Antonio. Let me tell you something. At 4am when you crawl into your Jeep, and it is 90 degrees and 86% humidity, you are not going to be a happy camper.

Worse thing about the early morning hours is the humidity is higher than during the day, and there is virtually no wind. Ever steam clams? Welcome to south Texas Mr. Shell.

asilvia · « **Reply #54 on:** May 23, 2006, 12:04:46 AM »

I'll stick with my Yukon XL

DieAz · « **Reply #55 on:** May 23, 2006, 12:29:52 AM »

English page of the company's website http://www.loremo.com/index_en.php

according to the specs page, it will have option for AC.
http://www.loremo.com/daten_en.php

earliest they are planning to sell is in 2009, and in Europe. I've read nothing about it coming to the US.

if it was cheap enough, I'd get one. would love to fill up only once every 3 months or so, to drive to work.

Debonair · « **Reply #56 on:** May 23, 2006, 12:42:02 AM »

you'd never remember which side of the car the fuel door was on lol
that would cut into your mileage lmao

beet1e · « **Reply #57 on:** May 23, 2006, 02:17:41 AM »

It’s always interesting to see how new developments in automotive and fuel technology are received amongst the population at large. Even the somewhat limited cross-section of the motoring public who have replied to this thread, we can see people who are ready to embrace this car positively, wheareas others have rejected it out of hand.

I’ve been to numerous motor shows over the last ~35 years, and at most of these shows have seen what has been created as a “concept car”. A concept car is not something I would expect to end up on the road being driven by the masses, but has been created to make a point, or to show what can or could be done in a particular branch of automotive technology. The Loremo has gone a stage further, and will enter production.

Some people here have dismissed this car because it “doesn’t have air conditioning”. But as DieAz has pointed out, a/c is indeed listed in the Loremo options. See the link provided by DieAz ^

Others have suggested that the Loremo would “fail miserably” in the American market. But then those same people were probably saying that about the Smart Car, which I first saw in Germany in 1999. A lot of naysayers thought it could not succeed, least of all in America, where those people who still hark back to the days of "cheap gas" insist on having an armoured vehicle akin to an Abrams tank! But, after a few more years and with people feeling the pinch at the pump, attitudes have changed, and the announcement that the Smart Car would be deployed in the US was carried in the USA today newspaper in 2004. Story here.

moot · « **Reply #58 on:** May 23, 2006, 02:40:02 AM »

Fat slicks + that MYT engine and it might just work...

mora · « **Reply #59 on:** May 23, 2006, 02:42:52 AM »

MYT is a paper engine. Check their BB to learn more.

This however is a running engine, which is efficient and light, but doesn't claim to produce 1000 kW. But it's Canadian...