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Re: Questions on Diesel vs Gasoline Prices
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Posted by buickanddeere on January 13, 2005 at 18:05:19 from (64.10.41.225):
In Reply to: Re: Questions on Diesel vs Gasoline Prices posted by JT on January 13, 2005 at 15:29:29:
How many miles do you have to drive at 15mpg vs 10 mpg with the more expensive fuel to break even on the price and interest on the diesel option?
$1750.00 for $1.75 gasoline per year at 10,000 miles per year. $1233.00 per year for $1.85 diesel a year.
Lets see $516.00 savings a year minus the big bucks for the fuel filter.
Your $10,000 diesel option (plus taxes) will take no less than 19 years to break even. I didn't even incluide the cost of the fuel filters, extra interest on the $10,000 diesel option and the extra federal and/or state sales tax on the $10,000 option.
Rare indeed is the diesel driver who does 50,000+ miles per year to just break even.
I ran those numbers to the fellow in the coffee shop at work infront of a crowd after tiring of hearing the wonders of his new diesel.
He's been rather frosty ever since.
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