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By Grumpy Bear · Posted
https://www.msn.com/en-us/autos/news/fuel-economy-stickers-don-t-tell-the-whole-story-aaa-data-reveals-why/ar-AA26ocHk?ocid=winp2fptaskbarhover&cvid=6a4122ea3dae47e5b8dfbed5d4fd3d55&cvpid=648f6b4fc2fa4eddb4c12893aeb957ed&ei=59 -
What’s missing in all this is patience and investment in the future. Buy a 170K starter home. Ten years later sell it invest in a more expensive home. Eventually you’ll have a 600K home and pay starter home payments. Buy a starter car. Maintain it well. Save the payments after it’s payed for then buy an expensive car if you desire. Buy a tumbler make your own coffee, pack your lunch. Cook your own dinner. Most importantly take care of your car. -
People mislead themselves. Statistics are highly useful indicators. Here's the tie-in to this thread. If an oil sample tests shows a wear indicator of 7 using cheaper ACDelco oil, and a wear indicator of 2 (lower = less wear) using a particular brand of Mobil oil, and wear has a linear relationship with engine lifespan, anyone could assume that Mobil is reducing wear by more than 50% (let's just say a 200% reduction for you red state people trying hard to do math) which leads to increasing engine life by 2x. Perhaps, in a vacuum, by itself, when dreamed by AI. Yeah?! That's what the statistic is saying, isn't it? No, it isn't. It didn't come out and say engine life is doubled. That's a very bad assumption, and a case of severe myopia by assuming something potentially untrue about the only data point in focus. Average cost of a new car is 50k. You bet it is. The median cost of a new car is more like 35k. Expensive cars are skewing the perception that "average" now means a $50k price of entry for a very average automobile. And that's not true. People who don't understand statistics twist the living heck out of them to mean all sorts of things they don't actually mean. "Average" new car payment is $1000/month. Yep, it is. And in that number are all the $35k new car buyers who bring significant equity, and the $25k new car buyers who finance the car for a month just to get a rebate, and then pay it off. Know what isn't in that number? All the payments made by people who don't finance a car. Picking one's own data point (don't have a car payment, never paid $50k for a new vehicle, my house cost $170k, I afforded a middle class lifestyle on $4.50/hr) is just a data point. Just like earning $25/hr in an area where the median home price is almost $1 Million is a data point. In fact, it's a lot of data points given that 80% of the US population lives in/around major cities. They're not idiots; the vast majority of them do it to make a living because that's where the big money is. The highs have become higher, lows have become lower, and how your personal mileage varies is not truth for an entire country. At the same time you can't NOT acknowledge the data. While it doesn't paint YOUR personal picture, it certainly tints the reality that you also live in, as does your single data point. -
By ShotgunZ71 · Posted
Glad you had success with it. I did as well, but about 5-6 months later it returned. Tried again, same result. This was after the dealer made several attempts and never even got it to slow down. -
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