Re: Milage-money

From: Eric Huff (mopar@ehuffy.com)
Date: Sat Jul 10 2004 - 23:57:59 EDT


> At $1.50 +a gallon, for gas how long will it take (how many
> miles) to
> return say $100.00 spent on a new electric fan, and a gain of 1
> mpg?? Currently I get 17mpg.
>
> I was wondering if anyone had a spread sheet to play with
> the numbers.
> Something to plug numbers into and get results.

People often over estimate (as Bill pointed out in the pinging
thread) the effect of mpg changes.

I'll do it the long way for clarity:

Old cost = $ 1.5 / 17 miles = $ .088 / mile
New cost = $ 1.5 / 18 miles = $ .083 / mile

So you save ~ .5 cents per mile.

$100 / .005 = 20,000 miles !

For reference only: cost for 20k miles = $1.5 * 20k / 17 = $1,764

eric

-- 
1974 Valiant 4-door, 318
1999 Dakota Ext Cab, 2WD



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