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mbloof
Explorer
Dec 06, 2014

Doing the MPG math on a new(er) truck

Greetings,

Recently I was getting the 'itch' for getting a newer truck. My old Ford 1997 F250HD has served us well. We bought it in 2001 for $12K with ~92K miles on it and now it has ~124K miles.

While admittedly there were some 'dark years' where we did not venture out much we are mostly weekend campers and live in Oregon where there are plenty of year around campgrounds not all that far from us.

Recently we've gotten back into the habit of one trip per month - rain, shine or snow we'll be out camping at least once a month.

I should mention that one of our 'house rules' is that we have to spend MORE time where ever we go than the time it takes to get there and back.

For weekend campers like us the above rule limits how far we go on any given weekend. While our lifetime yearly average on the truck is ~3000 miles per year at most we'll rack up 5000 miles a year with the short trips we do.

One of the obvious (and often used) arguments for upgrading a truck is the possible fuel savings. However in our case the argument that the upgrade will "pay for itself" won't fly in the short (or reasonable length time) term because of the low miles we put on the truck.

Here's a chart I came up with in attempts to justify a purchase to the OH:



Our old 351W averages ~6-10MPG per trip (depending on if we have headwinds going and coming home). I highlighted 8 and 16MPG as possible "targets" for MPG savings. Sadly (for me at least) in our case even with 100% improvement (likely not get) in fuel mileage we'd only see a savings of ~$1250.00 a year.

In our case the cost of newer truck/fuel savings per year = to many years to realize a return on our investment.

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