New Survey Shows Lower Cost of Ownership for Diesel Vehicles
July 1, 2013 8:03 AM
comment(s) - last by
Study claims diesel vehicles are cheaper to own
A new survey has been published looking at the cost of ownership for gasoline vehicles compared to diesel vehicles. The University of Michigan conducted the study for Robert Bosch, LLC.
The study determined that diesel vehicles save owners between $2,000 to $6,000 in total ownership costs during a 3- to 5-year period compared to similar gasoline vehicles. The data was compiled by the University of Michigan Transportation Research Institute.
"Overall, the results of our analyses show that diesel vehicles provide owners with a TCO (total cost of ownership) that is less than that of the gas versions of the same vehicles," according to the study. "The estimates of savings for three and five years of ownership vary from a low of $67 in three years to a high of $15,619 in five years.”
2014 Volkswagen Golf Variant (aka Jetta Sportwagen for the U.S. market)
The study claims that Volkswagen Jetta owners saved $3,128 while Volkswagen Golf owners saved an estimated $5,013 compared to owners of similar gasoline-powered vehicles. The study also finds that all of the diesel vehicles had better miles per gallon figures then gasoline versions with diesel is offering between 8% and 44% higher fuel economy.
The study also shows that nine of the 10 diesel vehicles held their value better the comparable gasoline vehicles.
One has to keep in mind, however, that Bosch has quite a big financial stake in these results as it produces high-pressure fuel pumps for diesel manufactures like Volkswagen which
have a tendency for failing in late model vehicles
This article is over a month old, voting and posting comments is disabled
RE: impressive study even being sponsored by bosch
7/1/2013 12:09:43 PM
@Mint - You have a valid point as it is assumed most diesel owners anticipate higher resale value, so they take better overall care of the car the entire time.
Additionally, I always go to the same Hess station and at the same pump... unless during a long trip. The consistency helps. The biggest thing is not running the tank dry, but refilling by 1/4 remaining.
"Can anyone tell me what MobileMe is supposed to do?... So why the f*** doesn't it do that?" -- Steve Jobs
Hot Air? President Obama, G7 Pledge to Eliminate Most Fossil Fuel Use by 2100
June 8, 2015, 5:40 PM
Study Predicts Self-Driving Vehicles Could Rake in Billions
March 6, 2015, 8:34 AM
Dual-Motor Tesla Model S P85D's "Insane Mode" Shocks Passengers
January 28, 2015, 11:18 PM
2016 Cadillac CTS-V Packs 640 hp Punch with 200 mph Reach
January 23, 2015, 3:25 PM
BMW Testing Tech to Allow Users to Auto-Park, Summon Cars Via Smartwatch
December 16, 2014, 9:30 AM
Lamborghini Offers Up $6,000 Leather-Bound Android Smartphone
December 12, 2014, 3:12 PM
Most Popular Articles
F-16 Schools Trillion-Dollar F-35 in Mock Combat, Fleeing is Best Option Pilot Admits
July 1, 2015, 5:53 PM
Apple Music: The Money, The Launch Hiccups, and the Nitty Gritty Details
June 30, 2015, 5:09 PM
Apple iOS 8.4 Rolls Out w/ Fix to Crash-Causing Unicode Text
June 30, 2015, 3:24 PM
Quick Note: Lumia 940 XL "Cityman" Phablet Gets Teased Via Tests
June 29, 2015, 5:51 PM
Microsoft Aims to Be "Customer-Obsessed", "One" Unit, "Diverse and Inclusive"
June 29, 2015, 3:24 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information