Going Back to Gasoline
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Going Back to Gasoline
When I bought my 06, 6.0 F450; I opted for the diesel thinking that in the long run, I'd be money ahead. Diesel should cost less than regular gas and diesels should get more miles to the gallon. It seems that the oil companies are able to keep the price of diesel artificially high if the last two years are any indication, so there goes that reason for a diesel. Fortunately for me, my 6.0 is the right engine for my 15,500 lb truck and I made the right choice even if I did it for the wrong reasons.
Now that I need an additional truck that won't be constantly loaded, just one or two heavy hauls a month but the rest of the time only carrying a flat bed; I think I'll have to go with the V10 for economy reasons. Gas is 40 to 50 cents cheaper here, oil and filter, fuel filter and air filter will be a lot less.
On a strictly economic basis; isn't the V10 the better choice?
Now that I need an additional truck that won't be constantly loaded, just one or two heavy hauls a month but the rest of the time only carrying a flat bed; I think I'll have to go with the V10 for economy reasons. Gas is 40 to 50 cents cheaper here, oil and filter, fuel filter and air filter will be a lot less.
On a strictly economic basis; isn't the V10 the better choice?
Postmaster
Joined: Apr 2004
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From: Bossier City, LA
Well you can "make" the numbers work either way. Time is the multiplier function of the equation. This has been beat to death cost wise. The fuel price is not consistant enough to bank on. (If it were, we would all be Millionaires investing in futures) The only way the V10 works out better is if you drive it til it goes the the scrap heap. The diesel will still retain value after 250K worth of miles. Many of the gas guys absolutly love the performance of the the V10. Remember you also get the 100k warranty on the 6.0, you don't on the 6.8 or the 5.4 The 6.0 without a doubt gets the best unloaded mileage, but the current gap in your area on fuel price washes this out.
Elder User
Joined: Jan 2006
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From: Tucson, AZ
The V-10 is +/-$4,500 cheaper than the diesel. If you are only going to haul occasional heavy loads, the V-10 is the way to go. It is a great motor. That said I just bought an F450 with the 6.4 because I found that I am constantly hauling very heavy loads 16K+. The V-10 did it without a problem except for the gas mileage and on some of the hilly areas it had a hard time maintaining speed. But it is a great motor and I am keeping that truck, it will be hauling lighter loads 6-8K.
Posting Guru
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From: Windsor, Colorado
Originally Posted by mrxlh
The only way the V10 works out better is if you drive it til it goes the the scrap heap. The diesel will still retain value after 250K worth of miles.
FTE Leadership Emeritus
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From: Stephensville WI
Depending on your load, a V-8 might even be your best choice. The 3V 5.4 is a good engine, especially if when not hauling the truck will be used for transportation.
Even then, don't expect miracles. You won't see 20 MPG with any of them.
Even then, don't expect miracles. You won't see 20 MPG with any of them.
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I appreciate the input. mrxlh mentions a poor resale value which I don't have to worry about. I've got a 72 GMC with utility bed, bought new that I use for a gang box on the jobs, an 86 F350 dually flat bed with gooseneck trailer, bought new that does a lot of hauling. I don't seem to get rid of them. I have had in those years a half dozen Chevys that I did get rid of though. The problem with them is they are ready for the scrap yard way too soon.
kimminaur and be250 both reassure me. I know from friends that the v10 is reliable and a work horse; just too bad that it's so thirsty. I'm going to have to look at it this way; the money I save on the engine can go into tha Lariat package. I'm getting old enough to deserve some luxury.
As for getting 20 mpg, I don't think I've ever got half that in any of my trucks.
I still can't understand why diesel is so high. If it takes 20% less crude to produce diese than it does to produce regular gas then why does it sell for 20% more?
kimminaur and be250 both reassure me. I know from friends that the v10 is reliable and a work horse; just too bad that it's so thirsty. I'm going to have to look at it this way; the money I save on the engine can go into tha Lariat package. I'm getting old enough to deserve some luxury.
As for getting 20 mpg, I don't think I've ever got half that in any of my trucks.
I still can't understand why diesel is so high. If it takes 20% less crude to produce diese than it does to produce regular gas then why does it sell for 20% more?
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Elder User
Joined: Jan 2006
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From: Tucson, AZ
Good luck eshoaff, I don't think you can go wrong with the V-10. I have a 00 Excursion with 160,000+ miles on it, never given me a lick of trouble in fact the more miles it gets the better it runs.
Cargo Master
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From: So Oregon
I ran the numbers of resale, and the diesel becomes completely depreciated after 10 - 15 years, and is about $450 more, re-sale-wise, than gas after 10 - 15 years. Diesel too become a non-issue with regard to resale. It's only those that sell their trucks in 5 - 10 years that see any difference in resale. Then again, you're buy a $5000 option, and then after 5 years buying a $7000 option (current 6.4L option), so to say resale is higher only really matters if you're not turning around an buying another (same for the V10 by the way). The upfront cost of the diesel is still a cost.
Lead Driver
Joined: Nov 2005
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From: Kaysville Utah
10 years ago when I bought my first diesel pick up, diesel fuel was 30 cents a gallon cheaper than regular gas. With the popularity of diesel engines, diesel is more in demand.
The average oil refinery spent $300 million dollars to convert to ULSD fuel. Couple that with the 1-2 months shut down while they converted the refinery and the shut down of several refineries when Katrina came ashore, = less diesel fuel avalable for the market and a higher prices. Industry forecasted expect it to stay higher than gas for the next 6 months. But to eventually come back in line as more refineries increase capacity and diesel fuel becomes more abundant.
The average oil refinery spent $300 million dollars to convert to ULSD fuel. Couple that with the 1-2 months shut down while they converted the refinery and the shut down of several refineries when Katrina came ashore, = less diesel fuel avalable for the market and a higher prices. Industry forecasted expect it to stay higher than gas for the next 6 months. But to eventually come back in line as more refineries increase capacity and diesel fuel becomes more abundant.
Last edited by Painted Horse; Feb 25, 2007 at 08:15 PM.
Elder User
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From: Edmonton, AB
Something that some of you tend to overlook when you say there is no fuel cost savings to be had with diesel.
Who can predict the price of oil. Maybe the spread between gas and diesel will hold but what if the cost of gas increases by 50% in two years. Sure diesel could still be more expensive but its savings due to superior fuel economy will recoup faster.
Who can predict the price of oil. Maybe the spread between gas and diesel will hold but what if the cost of gas increases by 50% in two years. Sure diesel could still be more expensive but its savings due to superior fuel economy will recoup faster.
Posting Guru
Joined: Dec 2006
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From: Windsor, Colorado
Originally Posted by Ace!
I ran the numbers of resale, and the diesel becomes completely depreciated after 10 - 15 years, and is about $450 more, re-sale-wise, than gas after 10 - 15 years. Diesel too become a non-issue with regard to resale. It's only those that sell their trucks in 5 - 10 years that see any difference in resale. Then again, you're buy a $5000 option, and then after 5 years buying a $7000 option (current 6.4L option), so to say resale is higher only really matters if you're not turning around an buying another (same for the V10 by the way). The upfront cost of the diesel is still a cost.
Tuned
Joined: Dec 2005
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Resale
Originally Posted by Ace!
I ran the numbers of resale, and the diesel becomes completely depreciated after 10 - 15 years, and is about $450 more, re-sale-wise, than gas after 10 - 15 years. Diesel too become a non-issue with regard to resale. It's only those that sell their trucks in 5 - 10 years that see any difference in resale. Then again, you're buy a $5000 option, and then after 5 years buying a $7000 option (current 6.4L option), so to say resale is higher only really matters if you're not turning around an buying another (same for the V10 by the way). The upfront cost of the diesel is still a cost.
The blue book numbers do not reflect what they actually go for. In my neck of the woods (Vancouver Island, BC), a non-salt zone, for an OBS gasser pickup, you pay 2-6 grand, for a deisel, you NEVER see them for less then 10k, unless that have 300,000 miles on them. We of course, have next to no snow and little to no salt on the roads, that may influence pricing somewhat, but you do enjoy a huge resale advantage, as well as an easy sale. When I was looking for my deisel pickup, almost every one that was any good was sold, but the gassers tend to sit. Deisel and unleaded are with 5 cents a litre where I live.
Elder User
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If you plan on turning trucks every 3-5 years, get a diesel. If you plan on having a truck for more than 7 years with a motor that will run 300k strong and easy, get a v-10. My 10 will easily last to 300k miles and is at 175k and runs better than new. It has also been abused since new in ways that a truck should never be abused!!! :P It's seen mud, snow, ice, muddy water up to the middle of the grille, hauling loads of 15k lbs. distances of 1-3000 miles. Yeah, it's a workhorse, but so is the diesel... it's just a personal preference. Do what YOU want to do, that's what makes us unique.