Friday, May 29, 2009

GPHM Table to see Gas Savings on Trade Ins (Including Cash for Clunkers)

[Update June 10: There are two personal benefits from Cash for Clunkers. One is the voucher. That one's clear. But the other benefit is the dollar value of the gas savings that result from a trade in. That one is less obvious because gas savings are a not a one-to-one function of MPG increases.

In many cases--especially for very inefficient cars--the savings in gas costs will be larger than the rebate. In that sense, the gas savings can be thought of as a kind of "matching" program for the voucher. It doubles the value of the voucher.]

The table below shows how different levels of Miles per Gallon (MPG) translate to Gallons per Hundred Miles (GPHM). You can easily calculate the gas savings from a trade in by subtracting the new GPHM from the old one. For example, trading in a 17 MPG car for a 28 MPG car saves 5.9 minus 3.6 = 2.3 gallons per hundred miles. That saves more than 200 gallons of gas (and $500) over 10,000 miles of driving. It also saves 2 tons of CO2 emissions over that distance. The gas cost calculations below assume that gas costs $2.50 per gallon.


Here is a downloadable version of the table below.


These tables directly caclulate the gas and cost savings of trading in a car that gets 18 MPG or less for different combinations of cars with higher MPG.


Finally, this online calculator will let you compare gas consumption and gas costs for any combination of MPG, driving distance, and gas price. It also allows you to calculate gas consumption and cost information on 2009 cars.


MPG

Gallons per 100 Miles

Gas Costs to Drive 10,000 Miles

10

10.0

$2,500

11

9.1

$2,273

12

8.3

$2,083

13

7.7

$1,923

14

7.1

$1,786

15

6.7

$1,667

16

6.3

$1,563

17

5.9

$1,471

18

5.6

$1,389

19

5.3

$1,316

20

5.0

$1,250

21

4.8

$1,190

22

4.5

$1,136

23

4.3

$1,087

24

4.2

$1,042

25

4.0

$1,000

26

3.8

$962

27

3.7

$926

28

3.6

$893

29

3.4

$862

30

3.3

$833

31

3.2

$806

32

3.1

$781

33

3.0

$758

34

2.9

$735

35

2.9

$714

36

2.8

$694

37

2.7

$676

38

2.6

$658

39

2.6

$641

40

2.5

$625

41

2.4

$610

42

2.4

$595

43

2.3

$581

44

2.3

$568

45

2.2

$556

46

2.2

$543

47

2.1

$532

48

2.1

$521

49

2.0

$510

50

2.0

$500