Maybe you figured this in and I just missed it, but ya need to allow for the fact that every mile you put on that cheap little car is one less mile that gets put on the most likely much more expensive truck, so along with saving on fuel, you're also saving wear and tear and keeping from racking up mileage on the truck which might help at trade-in time if you trade often.
I think on this though, most everyone's situation is a little different. Myself, my "truck" is a 1-ton crewcab deisel dually 4x4. Has 4.10 gears and is lucky to make 16mpg unloaded on a flat highway. Takes 6 tires when it gets new ones...most other wear items like brakes, etc. are more expensive than say a 1/2 ton too, so cost per mile is pretty high, other than the fact that it has almost 150k on it already so trade-in value's pretty much not a concern anymore.
As for a little car, in my own situation, I've put in lots of years as a professional mechanic, and I see lots of little 4-cyl cars I could pick up for less than $500 bucks and with a little work make 'em very road-worthy, even have a few like that sitting around here already.....just need time to do it! So in my case, the difference would be quite a bit more than someone who parked a 1/2ton 2wd and spent a few thousand on a little car.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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