Fuel Savings with New Car Calculator
Frequently Asked Questions
How much can I save with a more fuel-efficient car?
Savings depend on the MPG improvement and your driving habits. A 10 MPG improvement (20 to 30 MPG) at 12,000 miles/year saves approximately $600-$700 per year at $3.50/gallon. Higher mileage drivers save proportionally more. A 15 MPG improvement can save $1,000+ per year.
Will fuel savings offset a higher vehicle price?
It depends on the price difference and annual savings. A $5,000 price difference with $1,000/year savings takes 5 years to pay back. Higher mileage drivers and larger MPG improvements shorten payback periods. Use this calculator to see your specific payback period.
Should I upgrade just for fuel savings?
Fuel savings should be one factor in your decision, along with: vehicle reliability, maintenance costs, depreciation, insurance costs, and your driving needs. If you drive 20,000+ miles/year, fuel savings become more significant. Lower-mileage drivers may benefit less from fuel efficiency alone.
What MPG improvement is worth the upgrade?
Generally, a 10+ MPG improvement is significant, especially for high-mileage drivers. A 15+ MPG improvement (e.g., 20 to 35 MPG) typically saves $1,000+ per year and can justify a moderate price premium. Compare total cost of ownership, not just fuel savings.
