Wednesday, October 27, 2004
A whopping $366 dollars a year.
Here is a little utility that Honda has on their website that you can use to find you comparative savings on fuel over a 5 or 10 year period. Remember that they are using EPA Highway Mileage numbers, so you would be well advised to do the same. I gave their utility a test driving using my 4.8L 1500 Silverado. According to my window sticker my truck gets 21 MPG Highway mileage and the current cost of gas is $2.45 a gallon and I average about 25 miles a day. This will net me a savings of $3,131.13 over the next five years. My out the door price on the pickup was $19,500 and a quick build on Hondas website gives me a price of $20,800 for the hybrid. Take the gas savings of $3,131.13 and subtract the cost difference of $1300 you are left with a saving of $1831.13. A whopping $366 dollars a year.
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