a preponderance of punctuation marks (reedrover) wrote,
a preponderance of punctuation marks
reedrover

Car math: gas prices only

I was working on changing the mindset of an employee who insists on driving a Mercedes to work, which requires premium gas and lots of it. So I did the math, just on gas prices alone. Not on taxes, or insurance, or maintenance. The car I used to own was a 4wd RAV-4. The car I now own is a 2nd gen Prius. (Ignore the rounding and hand waving, since this was for demonstration purposes only.)

4wd RAV-4, with 22 mpg, cost $19,000 (the 2003 price I would have paid to replace the RAV-4 new), while the Prius, with 50 mpg, cost $22,000. So the cost difference was $3,000 on the table right then, in favor of the RAV-4.

The gas mileage difference between the two cars is roughly half... Consider the price I paid for gas recently vs. the price I paid when I first got the Prius has basically doubled in those three years. Waving my hands, I would say that I've paid roughly $3,000 less in gas over the three years I've had the Prius. And at today's prices, I would pay $2,600 more for one year of gas for the RAV-4 than the Prius.

I am already at gas-cost win in three years. When I bought the Prius, the marketing pitch was a make-back/break even in approx. six years. Inflation sucks. But my Prius makes me happy (when it's not trying to kill me).

ETA: Ok, it's been pointed out that I never mentioned how many miles I drive. My Prius just had its third birthday, and it has a little well over 80,000 miles on it.
Tags: commute
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