By: Dave

From Edmunds True Cost to Own –
Cost over 5 yrs:
2004
BMW 325i $46,535 / 62 cents per mile
Lexus ES330 $42,672 / 57 cents per mile
Honda Accord EX $33,606 / 45 cents per mile

I know most readers here might keep the car longer, but it’s interesting to run the numbers.

If you bought a 3 yr old Honda EX every five years vs. the BMW, and increased your retirement contribution by $12,929 each five year period ($215.48 per month) at a conservative 8% you’d have an additonal

$321,142.65 in 30 years.

And you’d save the planet about 91,304 lbs on CO2. And it’s built somewhat locally – Ohio.