Sunday, June 15, 2008

How does high gas price affect me?

If your family drive 12,000 miles a year, and your car's MPG is 22, the gas consumption is 545 gallons a year.

In 2005 in the aftermath of hurricane Katrina, the U.S. average price is at $3.04, and today the average is at $4.05. In California, the price has climbed passing $4.50.

When the gas price climbs one dollar each gallon, it will add $545 to your annual expenses.

In comparison, if you drive the same mileage and your car's MPG is:
  • 15 MPG - add $800 to your annual expenses.
  • 35 MPG - add $342 to your annual expenses.
According to Kelley Blue Book reviews, below are high MPG cars:
  • Honda Civic Hybrid
  • Honda Fit
  • Toyota Camry Hybrid
  • Toyota Prius
  • Toyota Yaris
Won't you wish there is a web site that can guide you through a few screening criteria and as a result give you the best recommendations? For example, best initial quality, high MPG, sit 5 adults, low maintenance, etc.

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