Does better mileage make better sense for you?

With today's high gasoline prices, you might be considering a smaller, more fuel-efficient car. But does it make financial sense to trade in your current car for that new hybrid? Will the money you save in gas make up for a slightly higher monthly payment? You can use the Better Mileage calculator to help you answer these questions and decide if a newer more fuel-efficient car should be in your future.

Results

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If you purchase the new car, your monthly gas savings will be	$90
Net monthly gain or loss	$90

This calculator assumes that a month is a 4 week period. The monthly car payment assumes that the car is currently leased. The amount saved on gas per month is based on the miles that you drive each week.