The cost of gasoline has many folks going into “sticker shock.” Here is a quick comparative to help you understand how a new more fuel-efficient car might save you money. You can DOWNLOAD this spreadsheet in Excel format to run your own calculations.

There is also a single vehicle and fleet Hybrid Electric Vehicle (HEV) calculator available from the U.S. Department of Energy. This is a pretty sophisticated calculator…but it gives a lot of information!

 

Make of Car
Miles per Year
$ per Gallon
EPA MPG New Car
EPA MPG Old Car
Gallons per Year NC
Gallons per Year OC
Gas Cost New Car
Gas Cost Old Car
Savings Per Year
5 year savings
Corolla
17000
$3.00
30
15
566.67
1133.33
$1,700.00$3,400.00$1,700.00$8,500.00
Malibu
17000
$3.00
24
15
708.33
1133.33
$2,125.00$3,400.00$1,275.00$6,375.00
Prius
17000
$3.00
55
15
309.09
1133.33
$927.27$3,400.00$2,472.73$12,363.64
Mazda 3
17000
$3.00
25
15
680.00
1133.33
$2,040.00$3,400.00$1,360.00$6,800.00
Focus
17000
$3.00
26
15
653.85
1133.33
$1,961.54$3,400.00$1,438.46$7,192.31
Corolla
17000
$3.50
30
15
566.67
1133.33
$1,983.33$3,966.67$1,983.33$9,916.67
Malibu
17000
$3.50
24
15
708.33
1133.33
$2,479.17$3,966.67$1,487.50$7,437.50
Prius
17000
$3.50
55
15
309.09
1133.33
$1,081.82$3,966.67$2,884.85$14,424.24
Mazda 3
17000
$3.50
25
15
680.00
1133.33
$2,380.00$3,966.67$1,586.67$7,933.33
Focus
17000
$3.50
26
15
653.85
1133.33
$2,288.46$3,966.67$1,678.21$8,391.03
Corolla
17000
$4.00
30
15
566.67
1133.33
$2,266.67$4,533.33$2,266.67$11,333.33
Malibu
17000
$4.00
24
15
708.33
1133.33
$2,833.33$4,533.33$1,700.00$8,500.00
Prius
17000
$4.00
55
15
309.09
1133.33
$1,236.36$4,533.33$3,296.97$16,484.85
Mazda 3
17000
$4.00
25
15
680.00
1133.33
$2,720.00$4,533.33$1,813.33$9,066.67
Focus
17000
$4.00
26
15
653.85
1133.33
$2,615.38$4,533.33$1,917.95$9,589.74