Life Cycle Costs

Life Cycle Costs

Hybrid vs. Conventional Gas Car

In this activity you will compare the life cycle costs of operating a hybrid Honda Civic with a conventional gas powered Honda Civic.

INITIAL COSTS (LX model, based upon Honda.com)

2010 HYBRID CIVIC 2010 CONVENTIONAL GAS

$22,600 $16,960

MILES PER GALLON (hwy./city) *** for calculations use only highway***

51/49 36/30

ASSUME GAS $3.50/gallon and drive 12,000 miles per year

1) How much would you spend on gas each year for each car?

2) How many years would it take to make up the cost difference between these two cars, based upon fuel savings?

3) How would a $2,500 tax credit for hybrid vehicles make a difference in your calculations?

4) Assume you drive to work 200 times a year across the Ben Franklin Bridge ($5 toll). How would your calculations change if the tolls were free for hybrid cars?

5) What about if you drove 25,000 miles per year? How would that impact your calculations?

ASSUME GAS $8.00/gallon (like many parts of Europe) and drive 12,000 miles per year

1) How much would you spend on gas each year for each car?

2) How many years would it take to make up the cost difference between these two cars, based upon fuel savings?

COMPARE THE ANNUAL GAS BILL OF THE FOLLOWING VEHICLES

***Assume gas is $3.50 and the average person drive 15,000 miles per year.

2006 Hummer H3 16 mpg

2010 Chevrolet Suburban 14 mpg

2010 Volkswagen Jetta 23 mpg

20010 Toyota Carolla 30 mpg

You can compare any car at http://www.fueleconomy.gov/feg/savemoney.shtml

List several costs that are not being calculated in this activity.