Best Columns: Car math, Fuel-saving zeros

The new price of driving

“All you need to know about the car market” is this: “price matters, enormously,” says David Leonhardt in The New York Times. That’s why “Americans are changing their driving habits so quickly,” and why GM is shuttering four truck and SUV plants and talking of selling off Hummer. Americans “fell in love” with big pickups and SUVs in the 1990s, when, “in practical terms,” gas was actually “becoming cheaper,” effectively hitting a record low in 1999. We ran some numbers for today: buying a Ford F-250 truck, including five years of driving and insurance, now costs $100,000; a Ford Focus, “less than $40,000.” Most of us are finding that if we need to occasionally “move some horses,” we can “rent a truck.”

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