Alright, I have a 2013 F150 regular cab 4x4 long bed I use to haul dirtbikes. I have been working 45 minutes from home which is a 75km round trip 4x a week. My truck averages 15-16km/100l. Each trip to and from work costs me about $27.50 with current gas prices in lower mainland BC.
Doing the math I seem to be spending about 7-8.5k a year on JUST gas. This is a bit over 10% of my yearly income on gas not including insurance at $269 a month.
A truck is convenient for hauling dirtbikes (1-2 at a time). I also SELDOM use it to tow a trailer. But the amount I am spending on gas is ridiculous.
I am wondering if I should:
1- buy a cheap commuting vehicle that costs sub $5000 and is good on gas (Honda fit or something) and keep truck which I can get cheaper insurance if it’s secondary vehicle. I imagine it would eventually pay for itself, I’d have to park truck on road and move around constantly to avoid bylaw ticket.
2- sell truck and get an SUV that is probably 30% ish more fuel efficient and a 4x8 trailer to tow dirtbikes
3- sell truck and get the most fuel efficient vehicle possible (probably a car) and get a 4x8 trailer to tow dirtbikes. I just don’t know how well it would do towing them on hills. Trailer would weigh about 500-750lb with bikes.
Any other suggestions are welcome. I am saving to buy my first home with my girlfriend so don’t want to spend any more money than I’d need to. Truck is worth maybe 10-14k not sure.
Thanks