If gas goes to $10 a gallon, what is the minimum income to continue to afford to drive a vehicle?

Question

If gas goes to $10 a gallon, what is the minimum income to continue to afford to drive a vehicle?

Answer 1

Just get a motorcycle. 47mpg!!!

Only costs 15 dollars to fill up, lasts 270 miles.

Laughing at people with big trucks at the pump, even though i love trucks.

Answer 2

What do you mean if? It will someday. And were already a third world nation. And no one running for any office right now is going to change anything,for the better that is.

Answer 3

I use 10 gallons a week

If gas was $10 a gallon it would cost me $100 a week

52 weeks per year would cost $5200 /year

4 weeks per month/ $400 per month

my clear income per month is $2800

my bills per month w/o gas and food is $1400 per month

my disposable income is $1400 per month

$400 of that per month to pay for gas leaves me with $1000 per month.

I can afford gas at $10 a gallon

Answer 4

If you have a 12 gallon tank that can go 360 miles and you drive 30 miles per day, that's a fill-up every 12 days = about $120 every two weeks = $3120 per year vs. $1248 @ $4/gallon.

Answer 5

Well, you know, if you drove 10,000 miles a year, at 25 mpg, that'll be 400 gallons, or $4000.  I think it would be wise to not spend more than 10% of your income on gasoline, so I'd say $40,000 would be enough to comfortably buy gas at $10 a gallon.

I know somebody will say I have to drive 200 miles a day and I have to get 12 mpg and all that, but that's just being an idiot.

Answer 6

Pretty soon we'll have to live like people in the third world.  This is the kind of stuff people in the third world worry about (eating and pay for daily stuff).

And yes we are fast becoming a third world.  Thank you congress and pres Bush.

Good Luck...

Answer 7

you,d have to make around 500 a week and drive only a few miles each way ,and even at that most people couldn't afford it ,with raising a family and paying house payments it would break a lot of people ,it would bring the states to a stand still if it went to 10 bucks a gallon,lets hope we don't ever see that happen,good luck.