Will a ranger save me money?
I currently drive a 2002 f250 crew cab long bed 4x4 diesel. It gets terrible gas mileage and it costs at least $120 to fill it up. I took an average of my fuel bill over the last 6 months and its almost $700 a month I'm spending on fuel... I use my truck to pull my tractor and cattle trailers around but I don't need it to get back and forth to work everyday. It's 40 miles each way to work and where I live everything is at least 15 miles away. The guys I've talked to at work that have some rangers say it costs about $50 to fill up and they get close to 400 miles to a tank. If that's the case I should save around $350 a month on fuel.
I found a certified pre-owned 2011 single cab 2.3 auto for $1300 that still will have a lot of factory and cpo warranty left on it. After my down payment it'll cost around $240 a month to finance the ranger. So I think I'll most likely break even after I pay the insurance on the truck every month.
Does all of this sound about right to y'all?