PETROL V/S DIESEL: COMPREHENSIVE COST BENEFIT ANALYSIS

#1 10-Jan, 2012 08:19 PM
Shiv
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If someone is in dilemma whether to buy diesel or petrol, here is comprehensive calculation based on cost of ownership i.e. running cost, interest on extra premium for diesel, price difference in petrol and diesel car and service cost.

I hope this will help many new comers as recently a major national daily published review which was biased in favour of petrol cars and not honest to me, based on that, many customers will end up buying petrol whereas they should have opted for diesel simply due higher running.

Calculation are based on 12000, 15000, 30000 kms

     
 

Petrol

Diesel

         

Cost of Purchase

4.95

5.85

         

Difference

-

90000

         

Interest

-

36000

         

Total

 

126000

         




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#2 10-Jan, 2012 08:19 PM
Shiv
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Annual Maintenance Cost

Difference

     

One Service at interval of 10000 kms

4000

6000

2000

       

60000

24000

36000

12000

       

75000

30000

45000

15000

       

150000

60000

90000

30000

       
               

Interest is computed based on 8 %/annum

       

During last 3 threes average rate was 8 % with fluctuations

   

in the range of 6-10 %

         

Per annum Extra Payment for Diesel

25200

         




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Last Updated: 10-Jan, 2012 08:20 PM, by brandoo
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#3 10-Jan, 2012 08:21 PM
Shiv
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Fuel Used

15 kms/ltr

Total running cost

20 kms/ltr

Total running cost

   

 12000 kms

800

56000

600

30000

     

15000 kms

1000

70000

750

37500

     

30000

2000

140000

1500

75000

     

Fuel Price

Pertrol 70rs

Diesel 50 Rs

 

Lets Extrapolate these for 5 years

 

Difference in Running Cost

60000

4000

280000

3000

150000

130000

   

75000

5000

350000

3750

187500

162500

   




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#4 10-Jan, 2012 08:22 PM
Shiv
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150000

10000

700000

7500

375000

325000

   

Buying Decision: Pertol vs Diesel

       

Total Ownership cost

Petrol

Diesl

         

Car  Cost

 

90000

         

Extra Interest

-

36000

         

Maintenance cost

           

60000

-

12000

         

75000

-

15000

         

150000

-

30000

         




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#5 10-Jan, 2012 08:22 PM
Shiv
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Running Cost

           

60000

280000

150000

         

75000

350000

187500

         

150000

700000

375000

         

Total Ownership cost

Savings for Diesel

     

60000

280000

177600

102400

       

75000

350000

215700

134300

       

150000

700000

406200

293800

       
               




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#6 10-Jan, 2012 08:24 PM
Shiv
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NOTE: Diesel is priced at 41 Rs not 50 and all the calculations are based on 50 Rs/liter, this would further accentuate the savings over the petrol

Resale: Diesel car would fetch higher resale value that the petrol car because of high cost of car

DECISION: If some one's monthly runnig is less than 800 kms, then only go for petrol but anything above this, should opt for dieselSurprised

Guys safe driving and cheersCool




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#7 10-Jan, 2012 08:24 PM
Shiv
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Sorry for posting in bits and pieces due to word limit. 




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#8 10-Jan, 2012 09:41 PM
Dwarika Tripathy
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Good Job (Y)



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#9 10-Jan, 2012 09:49 PM
Radhakrishnan
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Joined Date: 10 Dec 2011
Location: Chennai
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Thanks brandoo

I was in great confussion over whether to buy a diesel or petrol version, now i came to a clear idea about this. I am having petrol Accent and looking for diesel version of same Accent for fuel economy but my running Kms for a month only around 500Kms. Thanks once again



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#10 10-Jan, 2012 09:52 PM
Shiv
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With 500 kms, diesel doesn't make sense, petrol is sensible in your case




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