I've done the economics of speeding tickets. Now here's what speeding costs (more than I thought), from a new blog I've been following The Simple Dollar:
if you’re tooling along on the interstate at the speed limit of 65 miles per hour and drop that back to 64 miles per hour, you’re actually improving your gas mileage by about 1.5%, according to fueleconomy.gov.Here's how it plays out:
In short, driving one mile per hour slower will add six minutes to the trip and save you $1.04 in gas. Your savings simply by driving one mile per hour slower is $10.40 per hour.I highly recommend the practical advice regularly posted at The Simple Dollar.