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Gas, Hybrid, Diesel, Electric: What Do They Cost Over 5 Yrs?

GCR -- What will that car really cost over, say, five years of ownership? We've done the math for you on five different cars, all of them significant models in the market.

1. 2012 Chevrolet Cruze Eco - 28 city/42 highway/33 combined (MPG)
Price $19,325 - Gas $8,500 over 5 years - TOTAL $27,825

2. 2012 Toyota Prius - 51/48/50 combined (MPG)
Price $23,015 - Gas $5,750 over 5 years - TOTAL $28,765

3. 2012 Volkswagen Jetta TDI - 30/42/34 combined (MPG)
Price $22,775 - Diesel $9,000 over 5 years - TOTAL $31,775

4. 2012 Nissan Leaf - 106/92/99 combined (MPG equivalent)
Price $35,200 - Electricity $3,000 over 5 years - TOTAL $38,200

5. 2012 Chevrolet Volt - Electric: 95/93/94 combined (MPG equivalent); Gas: 36/37/36 combined (MPG)
Price $39,145 - Prem gas $8,250 - Electricity $3,250 - TOTAL $42,395


Read the Full Article

Submitted Mar 14, 2012 By: Jumpmaster82
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Gas, Hybrid, Diesel, Electric: What Do They Cost Over 5 Yrs? Back to Topics
REPLIES (newest first) Post a Reply
bigoilscamsus
Champion Author Lansing

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Message Posted: Mar 14, 2012 10:06:32 PM

----------------------BIG OIL AND THE MOB-------------------------------------------------Two guys were sitting at a bar depressed over the most recent rise in gas prices ($4.29.9/gallon on 3-14-12 in Detroit). One guy says to his friend,These gas prices are killing me; I can hardly buy enough gas to get to work each week. I can just barely make enough for food for my family. It's a good thing that the Mob isn't involved in the oil industry. They would continually raise gas prices and extort huge profits at the expense of the American consumers." The other guy looked up from his beer quizzically and says," I think the Mob has already got Big Oil in their pocket. They finally found a way to legally steal our money!!"
darkknight1
Champion Author Winston-Salem

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Message Posted: Mar 14, 2012 10:05:16 PM

not surprised
jerej829
Champion Author Memphis

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Message Posted: Mar 14, 2012 10:02:37 PM

ok
PissedCanuck
Champion Author Toronto

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Message Posted: Mar 14, 2012 10:02:27 PM

Never mind fender bender, how much are these cars going to cost for routine maintenance with the exception of the Cruze?
MadTraveler
Champion Author Idaho

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Message Posted: Mar 14, 2012 10:01:23 PM

Yep - some have decided that safety is no longer important. That's their call.
DTroytNC
Veteran Author Charlotte

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Message Posted: Mar 14, 2012 9:59:30 PM

How expensive are these cars to fix after a fender bender?
uptherefiners
Champion Author Chicago

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Message Posted: Mar 14, 2012 9:57:07 PM

don't care
gass12
Champion Author Omaha

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Message Posted: Mar 14, 2012 9:56:09 PM

That is why they will not sell.
SUSANCK
Champion Author Chicago

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Message Posted: Mar 14, 2012 9:50:10 PM

Numbers can be deceiving--it all depends on your individual usage.
abcdMA
Champion Author Worcester

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Message Posted: Mar 14, 2012 9:49:02 PM

the number for the Volt are worng--the total is $50,645
Z51Corvette
Champion Author Austin

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Message Posted: Mar 14, 2012 9:43:27 PM

Informative... but numbers can always be configured to play out what most people want to promote...
TableTalk
Champion Author Virginia

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Message Posted: Mar 14, 2012 9:42:34 PM

Problem is there are a bunch more costs to be considered that pgerassi overlooked:
Depreciation cost
Resale value (related to depreciation.)
Battery replacement cost after 100K - 200K miles or whatever. That includes the Hybrids. (For Honda Civic Hybrids that is ~$3,000 for example) others cost up to $10K! Hyundai Sonata don't count for they have a lifetime replacement guarantee on their hybrid batteries.
Higher homeowners fire insurance premiums for Chevy Volt owners ;-)

And lastly, does one factor in the government redistribution of wealth bonus check or not?
hank1326
Champion Author Los Angeles

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Message Posted: Mar 14, 2012 9:41:29 PM

Informative. We have an Audi TDI. This is very helpful.
PoohMcGoo
Champion Author Alabama

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Message Posted: Mar 14, 2012 9:38:18 PM

Sillywagon has a good point.. They assume a compact car is feasible for everyone..
sillywagon
Champion Author New York

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Message Posted: Mar 14, 2012 9:30:56 PM

No SUV's? I need, I require a vehicle that has cargo space. My family has two vehicles. A Ford Focus Wagon, and a Mazda Tribute SUV. Next month I will be picking up a recliner at a discount furniture store. They don't deliver to my cabin in a rural area. By picking up the recliner, instead of purchasing from a more near furniture store that will deliver will save me... about $400.

Include that in the cost of ownership of a sub-compact, or alternative car.
sit
Champion Author Cleveland

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Message Posted: Mar 14, 2012 9:30:30 PM

OK
AuburnTim
Champion Author Indiana

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Message Posted: Mar 14, 2012 9:29:01 PM

All of these are highly overpriced to start with so they can just keep them I won't even consider one
JENNYHK
Champion Author Chicago

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Message Posted: Mar 14, 2012 9:28:00 PM

and here I thought the Cruze would be worth while...
pgerassi
Champion Author Milwaukee

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Message Posted: Mar 14, 2012 9:25:34 PM

Problem is that cars now last 12-15 years. 5 yr TCO favors low initial cost vehicles. Especially since they do not take into account resale value after the 5 year period. After 5 years the diesel, the HEV and the BEV will sell used for more than the Eco will which reduces the TCO fir those 5 years. In this way they miscalculated TCO.

Even using their method, after 10 years, the costs are $36,325, $34,515, $40,775, $38,200, and $45,645 respectively. So here the Prius is lowest, the Eco second, the Leaf third, the Jetta fourth, and the Volt is the highest cost. Take it to 15 years (although after that long the MPG ratings will change downward for the gas engines, the motors and diesel will stay about the same) and you get 15 year TCO (by 15 years their bodies will be rusting out here in the upper Midwest) respectively of $44,875, $40,265, $49,775, $41,200, and $48,895. By this time the Eco and Leaf trade places of 2 and 3, and the Jetta and Volt trade at 4 and 5. At 20 years, its $53,375, $46,015, $58,775, $44,200, and $52,145. The Leaf take the lowest cost point from the Prius, the Volt finally gets third, the Eco fourth and the Jetta last. But the current price of diesel is lower than regular over most of the nation so the yearly costs are suspect. I also suspect that some of the charging will be done at work gratis (for free).

Of course these don't take into account maintenance, insurance, tires, and repairs. Nor do they take into account likely gasoline and diesel fuel price rises. Electricity rises much more slowly as it can more easily switch fuel sources to the cheapest at the time. Maintenance of BEVs are less than engine powered ones. Diesels usually have lower maintenance than gasoline engines.

Lastly using the EPA ratings is also suspect as most Prius, Jetta, and Leaf users will beat these numbers.
Blue48
Champion Author Illinois

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Message Posted: Mar 14, 2012 9:25:11 PM

COOL INFO!
craigsfrank
Champion Author Arkansas

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Message Posted: Mar 14, 2012 9:24:58 PM

I'll stick with my paid off 08 VW diesel Jetta.....
ezone
Champion Author Florida

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Message Posted: Mar 14, 2012 9:23:55 PM

Man, is that Chevy Volt a great buy, or What? (The answer is, "Or what".) I wonder if they included the $7,500 that you and I "contributed" in the way of a rebate? NObama 2012.
EmperorsFinest
Champion Author Chicago

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Message Posted: Mar 14, 2012 9:22:10 PM

They cost your left nut.
tippybuddy
Champion Author Ontario

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Message Posted: Mar 14, 2012 9:19:31 PM

can't afford any of them at that rate
Kaiyne
Champion Author Chicago

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Message Posted: Mar 14, 2012 9:17:37 PM

I agree with Silentpartner-it needs to be watched.
FuelOilOH
Champion Author Cleveland

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Message Posted: Mar 14, 2012 9:16:09 PM

SilentpartnerMN has a good idea.
methaneman
Champion Author Minnesota

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Message Posted: Mar 14, 2012 9:09:37 PM

All of them are an OBAMANATION!
SilentpartnerMN
Champion Author Minnesota

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Message Posted: Mar 14, 2012 9:08:13 PM

It's nice to compare apples to apples, but give it a few years to develop the electric and hybrid, and the rise in fossil fuels, the numbers can change. Should be done on an annual basis and tracked to realize what is the best deal and how it changes.
2granny
Champion Author Michigan

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Message Posted: Mar 14, 2012 9:07:38 PM

I'll stick with my Ford Taurus, Thank You. I just got back from a road trip and got 33.6 mpg.
rxman1
Champion Author Toledo

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Message Posted: Mar 14, 2012 9:06:03 PM

The Prius and the Cruse are about equal
bevmill
Champion Author Georgia

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Message Posted: Mar 14, 2012 8:59:28 PM

ok
GrahamTurismo
Rookie Author Jacksonville

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Message Posted: Mar 14, 2012 8:59:23 PM

6. 2012 Schwinn bike from Walmart - 14 speeds/carbon fiber
Price $549 - Gas $0 over 5 years - TOTAL $549
IUVidiot
Champion Author Indiana

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Message Posted: Mar 14, 2012 8:58:22 PM

ok
TBRR
Champion Author Jacksonville

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Message Posted: Mar 14, 2012 8:56:27 PM

build a VW bug with a diesel in it and watch the sales go through the roof on the economy vehicles. besides they were fun to drive and cheap to operate..
ratones1
Champion Author Los Angeles

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Message Posted: Mar 14, 2012 8:54:58 PM

REALLY???
fuelsaverMN
Champion Author Twin Cities

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Message Posted: Mar 14, 2012 8:54:13 PM

I will always be a toyota man.The PRIUS IS THE BEST CAR FOR THE MONEY.....PERIOD.
cimilluca1
Sophomore Author New York

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Message Posted: Mar 14, 2012 8:54:12 PM

They need to continue research on these cars. Improve batteries, etc. Fossil fuel leaves us handcuffed. What if solar panels charged 10 times as much? What if batteries held 10 times the charge? Were 80% smaller? Continue developing better automobiles overall.
Tucker1961
Champion Author Seattle

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Message Posted: Mar 14, 2012 8:54:08 PM

wow
gasaholicMO
Champion Author Missouri

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Message Posted: Mar 14, 2012 8:52:43 PM

The price has to come down to get the market to buy them to get production rates high enough to be able to utilize the economy of scale to be able to lower the price......
ssperkin
Champion Author Durham

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Message Posted: Mar 14, 2012 8:52:05 PM

Well, this is misleading. It's where it really depends on your driving tendencies.
sammy518
Champion Author Austin

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Message Posted: Mar 14, 2012 8:49:44 PM

all too much
DrLyon
Champion Author Michigan

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Message Posted: Mar 14, 2012 8:48:10 PM

Interesting check the value....
ericbcire
Champion Author Nevada

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Message Posted: Mar 14, 2012 8:45:08 PM

No wonder the Volt is a failure.
walkingtall
Champion Author Toronto

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Message Posted: Mar 14, 2012 8:45:06 PM

Still need more information.
Old Timer
Champion Author Akron

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Message Posted: Mar 14, 2012 8:44:25 PM

Okay
livedream
Champion Author Michigan

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Message Posted: Mar 14, 2012 8:43:54 PM

Their own caveat:

"One important thing to note: We can't predict the future. Gas prices are expected to climb over the next five years. The more fuel-efficient a car is, the less it will cost you in the future if that happens. For comparison (and our own sanity) we'll freeze gas prices for the next five years."

Still, an interesting article.....
HDFXR1991
Veteran Author Wisconsin

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Message Posted: Mar 14, 2012 8:42:44 PM

ok
kishoreCA
Champion Author Ventura

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Message Posted: Mar 14, 2012 8:35:43 PM

Good information.
But I think we need more information on other factors like maintenance, battery replacement, tire wear out of each model and so many other things.
CISA
Champion Author Orange County

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Message Posted: Mar 14, 2012 8:31:28 PM

the more your drive, the more a hybrid makes sense
Jeeputtputt
Champion Author Ohio

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Message Posted: Mar 14, 2012 8:30:13 PM

So, diesel is the best bet, just keep it much longer because engine is good for 500,000 miles or more.
hybridaholic
Champion Author Appleton

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Message Posted: Mar 14, 2012 8:29:18 PM

After reading some of the past post, I am happy to announce that Neanderthal Man is still living among us on GasBuddy.
nykklesaver
Rookie Author California

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Message Posted: Mar 14, 2012 8:24:26 PM

What about the maintence costs? How do they compare?
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