How much money do you save with a fuel-efficient car?

How much money do you save with a fuel-efficient car?

Improved fuel economy saves you money every time you fill up! A vehicle that gets 30 MPG will cost you $793 less to fuel each year than one that gets 20 MPG (assuming 15,000 miles of driving annually and a fuel cost of $3.17). Over a period of 5 years, the 30-MPG vehicle will save you $3,963.

How does buying a car with good fuel efficiency save you money?

Fuel efficiency is a tremendous savings. If you choose a 40 mpg car over a 15 mpg car, you’re saving $16,668 in fuel costs over the next 100,000 miles (assuming fuel stays at $4 per gallon). That’s enough to buy your next replacement car.

How fast should you drive a car to use fuel as efficiently as possible?

For the best gas mileage, you should keep it below 55 miles per hour. Reality: Fuel efficiency doesn’t really start to drop until you reach speeds higher than 60. And how smoothly you drive makes much more of a difference on gas mileage than how fast.

Do hybrid cars pay for themselves?

There are some hybrid vehicles that are priced so low, they pay for the price difference between themselves and a traditional new car instantly. If the hybrid vehicle you’re looking at has a high sticker price, it’s going to take a long time to make up the cost no matter how great the mileage is.

How much fuel is used during acceleration?

Accelerate smoothly when passing or merging with faster traffic and avoid hard braking. European tests have shown that aggressive driving, including frequent rapid acceleration and hard braking, can increase fuel consumption by approximately 40%.

When is it time to buy a more gas efficient car?

The Should You Buy a More Gas Efficient Car? calculator goes the distance by letting you know when it’s time to trade in the SUV for something more like a hybrid. You may just be surprised with the results! Use the “Should You Buy a More Gas Efficient Car?” calculator to determine: The break even point of a new car, based on gas consumption.

How long does it take to save money on gas?

You would like to save money on gas so you’re considering trading in your gas guzzler for a more fuel efficient car. This calculator shows how long will it take before you pay off the balance of a vehicle purchase and really begin saving money. Based on the EPA’s MPG data and assuming 45% highway driving and 55% city driving.

How can I save money on gas mileage?

About Gas Mileage Savings Calculator: Car Cost vs. Fuel Savings You would like to save money on gas so you’re considering trading in your gas guzzler for a more fuel efficient car. This calculator shows how long will it take before you pay off the balance of a vehicle purchase and really begin saving money.

How long will it take to save money on a hybrid car?

You can easily see the difference in price, as well as the difference in combined fuel economy ratings, how much money you’ll save on gas with the hybrid, and how many years it will take for your yearly savings to exceed the added cost of buying the hybrid.