Fuel Savings Calculator
How much fuel cost can a driver save? Compare two fuel-economy or fuel-price scenarios.
Change an input to update the diagram.
Answer first
How much fuel cost can a driver save?
The Fuel Savings Calculator compares two fuel-cost scenarios to show potential savings from switching vehicles, improving habits, or finding lower fuel prices. Enter your distance, old cost, and new cost to see the annual dollar savings and justify a vehicle upgrade.
How it works
Fuel Savings Calculator: inputs, formula, and result
This calculator compares the operational costs of your current vehicle against a more efficient alternative over a specified timeframe. It subtracts the projected fuel costs of the new vehicle from the old to reveal total retained capital.
Formula
Fuel Savings = Old Fuel Cost - New Fuel Cost
Worked example
Old annual fuel cost of $1,800 vs. new cost of $1,400 = savings of $400 per year.
Personalized guidance
What changes the result for Fuel Savings?
Projected savings shift based on the upfront purchase price of the new vehicle, the disparity in MPG ratings, and how many miles you drive annually. Traffic, tire pressure, vehicle load, terrain, driving style, weather, fuel price, and the quality of the input data can change the final result.
When should you use this calculator?
Turn to this when negotiating the purchase of a hybrid or EV. It objectively determines the break-even point, showing exactly how many months or years it will take for the fuel savings to offset the higher initial purchase price.
FAQ
FAQs about Fuel Savings
How much can I save by switching to a hybrid?
Switching from 25 MPG to 50 MPG saves about $840/year at 12,000 miles and $3.50/gallon. Over 10 years, that is $8,400 in fuel savings.
Is it worth buying a fuel-efficient car just to save gas?
For 15,000+ miles/year, the premium pays back in 3-5 years. For 8,000 miles/year, payback takes 7-10 years, making efficiency less of a factor.
How much does driving 5 mph slower save in fuel?
Reducing from 75 to 70 mph improves economy by 7-10%. At 12,000 highway miles/year, that saves roughly $100-$150 per year for a 25 MPG vehicle.
Also useful