It wasn't long ago that I posted with regard to fuel costs but after recent price increases I thought I would run the number again and here is what they look like now taking into account changed fuel prices and currency exchange rates:
Assuming a US premium gas price of $3.73/gallon and Italian diesel prices of 1.435 euro per liter or $7.69 per gallon, I did the following calculations:
In the US we typically drove 18,000 miles per year at 20 MPG and used 900 gallons. At $3.73/gallon that would cost $3,357/year.
In Italy we drive 11,000 miles per year at 42 MPG and use 262 gallons at $7.69/ gallon for a total cost of $2,015 per year.
The effect of urban living and lack of suburbs combined with high mileage vehicles is remarkable.
Correction: In an earlier post I discussed a fuel efficient BMW 3 series diesel (163 hp, equivalent to about 205 hp gasoline engine, that does 0-62.5 in 8.1 seconds) and cited the mpg in British gallons instead of US. The correct fuel mileage is 4.1 liters per 100 kilometers or about 58 mpg US. Still not bad for a peppy, good handling vehicle. I notice it is not sold in the US but if you look at the BMW UK site, or any European country site, you will find it.
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