Gas vs PSD Comparison
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New User
Joined: May 2003
Posts: 13
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From: California
Gas vs PSD Comparison
Anyone been doing this. I am looking to trade in my 03 V-10 4x4 Crew cab for a 6.0 PSD. Has anyone done any comparisons to see how long it would take to pay for the PSD. Here is what I came up with.
Comparison
V-10 Engine = 9mpg
One 28 gallon Tank of gas will go 252miles. Cost of $1.51 per gallon at current cost would cost $42.28 to fill up.
Diesel Engine = 18mpg
One 28 gallon Tank of diesel will go 504miles. Cost of $1.79 per gallon at current cost would cost $50.12 to fill up. Typically Diesel is cheaper than gas but for some reason here in So. Cal where I live it is more expensive than even Premium gas.
Difference of the range of miles is 252 miles. So it would take 2 tanks of gas to go 504 miles with the V-10.
Savings for the Diesel for every 504 miles would be $34.44.
Cost of the Diesel engine is $4000 more than the V-10. Which I think it may be higher even but not positive.
So $4000 divided by $34.44 = 116. 116 times 2 =232 which gives you the number of tanks of Fuel you would have to use to pay for the Diesel engine. Or 59220miles to pay for the Diesel engine.
Does this sound about right. Anyone else have any better comparisons that they have done?
Comparison
V-10 Engine = 9mpg
One 28 gallon Tank of gas will go 252miles. Cost of $1.51 per gallon at current cost would cost $42.28 to fill up.
Diesel Engine = 18mpg
One 28 gallon Tank of diesel will go 504miles. Cost of $1.79 per gallon at current cost would cost $50.12 to fill up. Typically Diesel is cheaper than gas but for some reason here in So. Cal where I live it is more expensive than even Premium gas.
Difference of the range of miles is 252 miles. So it would take 2 tanks of gas to go 504 miles with the V-10.
Savings for the Diesel for every 504 miles would be $34.44.
Cost of the Diesel engine is $4000 more than the V-10. Which I think it may be higher even but not positive.
So $4000 divided by $34.44 = 116. 116 times 2 =232 which gives you the number of tanks of Fuel you would have to use to pay for the Diesel engine. Or 59220miles to pay for the Diesel engine.
Does this sound about right. Anyone else have any better comparisons that they have done?
Last edited by lacofd33; Dec 25, 2003 at 08:48 PM.
More Turbo
Joined: Dec 2003
Posts: 534
Likes: 168
From: Park County, CO
Your math is OK but you need to include the terminal value of the diesel motor versus the terminal value of the gas motor.
When you buy, the diesel costs 4000 extra dollars
When you sell, the diesel brings in an extra 2500 dollars
The difference is 1500 dollars
Cost per mile (gas) = 1.51/9 = 0.168 dollars/mile
Cost per mile (diesel) = 1.79/18 = 0.10 dollars/mile
Savings per mile = 0.168-0.10 = 0.07 dollars
Miles to breakeven = 1500 dollars / 0.07 dollars/mile = 21,430 miles
The extra maintenance cost in 20,000 miles would be ~$200 bucks so the real breakeven mileage is closer to 30k.
When you buy, the diesel costs 4000 extra dollars
When you sell, the diesel brings in an extra 2500 dollars
The difference is 1500 dollars
Cost per mile (gas) = 1.51/9 = 0.168 dollars/mile
Cost per mile (diesel) = 1.79/18 = 0.10 dollars/mile
Savings per mile = 0.168-0.10 = 0.07 dollars
Miles to breakeven = 1500 dollars / 0.07 dollars/mile = 21,430 miles
The extra maintenance cost in 20,000 miles would be ~$200 bucks so the real breakeven mileage is closer to 30k.
Junior User
Joined: Dec 2003
Posts: 58
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58.9 cents a liter in Edmonton, Alberta for diesel. (Someone do the math to convert this to U.S. gallons.)
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Freshman User
Joined: Dec 2003
Posts: 41
Likes: 0
From: Alberta , Canada
[QUOTE]Originally posted by Exchevman
[B]58.9 cents a liter in Edmonton, Alberta for diesel.
At .589 cents per liter (canadian) 3.85 liters equals 1 gallons U.S.
So one gallon is $ 2.27 Can = $ 1.73 U.S.
[B]58.9 cents a liter in Edmonton, Alberta for diesel.
At .589 cents per liter (canadian) 3.85 liters equals 1 gallons U.S.
So one gallon is $ 2.27 Can = $ 1.73 U.S.
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Senior User
Joined: Nov 2003
Posts: 208
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From: MD
[QUOTE]Originally posted by Super Duty Fan
[B]
Damn I for one am impressed with your math skills
[B]
Originally posted by Exchevman
58.9 cents a liter in Edmonton, Alberta for diesel.
At .589 cents per liter (canadian) 3.85 liters equals 1 gallons U.S.
So one gallon is $ 2.27 Can = $ 1.73 U.S.
58.9 cents a liter in Edmonton, Alberta for diesel.
At .589 cents per liter (canadian) 3.85 liters equals 1 gallons U.S.
So one gallon is $ 2.27 Can = $ 1.73 U.S.
Senior User
Joined: Dec 2003
Posts: 111
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From: San Diego
I just completed this same transaction. I bought a 03 CC 4x4 exactly a year ago today and sold it about 2 months ago. The gas mileage was really bad.... 190 miles to the tank and did not pull my boat much better than my Expedition. I was patient and sold the truck to a private party and only lost out on the sales tax. The dealer trade in was a joke so I waited. Xmas eve my wife bought me the same color Superduty but upgraded to the Lariet package and the 6.0 diesel. I love it!! So far I have over 200 miles on it and still have over a half a tank of fuel left! I can hardly wait to tow my boat to the river this summer! I am very happy of the demand for these trucks here in CA, it saved my butt on the re-sale. Also, it is a great time to buy new, we got $8300 in rebates and incentives on this truck!
Posting Guru
Joined: Nov 2002
Posts: 1,222
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From: Texas
cost of the 6.0 is 5085 list/4323invoice. But you have to have the torqueshift--1480 list/1258 invoice. total for 6.0 is 6565 list/5581 invoice.
Cost of V10 is 600list/510 invoice; auto trans is 1095/931.
Difference for 6.0 is 4870/4140.
Just recently traded my '02 V10 for '04 6.0.
I would say my V10 'averaged' 11.0 and my 6.0 is 'averaging' 15-16. Diesel is $1.439 in my area.
Didn't trade to try to break even--couldn't stand the low miles per tank when towing, and didn't want to add an aftermarket tank.
All the studies I have seen indicate a "breakeven point" of 100K miles or more.
Cost of V10 is 600list/510 invoice; auto trans is 1095/931.
Difference for 6.0 is 4870/4140.
Just recently traded my '02 V10 for '04 6.0.
I would say my V10 'averaged' 11.0 and my 6.0 is 'averaging' 15-16. Diesel is $1.439 in my area.
Didn't trade to try to break even--couldn't stand the low miles per tank when towing, and didn't want to add an aftermarket tank.
All the studies I have seen indicate a "breakeven point" of 100K miles or more.