TodayApril 16, 2022

Which car is more expensive over 3 years, gasoline or diesel? on Driving the Nation

Currently, about 3 percent of all light-duty passenger car sales are diesel.

Twelve percent of all car take rates, as of August 2008, was diesel. Fast forward to August 2012 and 30% of all car take rates were diesel. In the video, Bernd Boisten explains take rate “ if a vehicle is offered as a gasoline and a diesel version, the diesel take rate is the percent of consumers that choose the diesel version. Another way to state it is: when a consumer has a choice between a diesel powertrain and a gasoline powertrain for the same vehicle, the percent of consumers that choose diesel is the diesel take rate.

Trucks were even more impressive, Fifty-eight percent of all truck take rate, as of August 2008 were diesel, while in August 2012, 62% of all truck take rates were diesel.

Diesel is starting to catch hold in the United States, but the question is, what is the difference in ownership costs over three years between a gasoline engine and a diesel engine?

Bosch asked the University of Michigan to create a test to find out the difference in price of ownership over a three year period. This cost included fuel, loss of value and cost of ownership. It wasn’t a surprise that diesel owners spent less on fuel, diesel gets 20-30 percent better fuel economy than gasoline. Loss of Value in a diesel was around $8,000 versus the loss of value in a gasoline car of almost $10,000. The savings ended up being a little over $3,000 better to own a diesel than a gasoline vehicle.

Lou Ann Hammond

Lou Ann Hammond is the CEO of Carlist and Driving the Nation. She is the co-host of Real Wheels Washington Post carchat every Friday morning and is the Automotive, energy correspondent for The John Batchelor Show and a Contributor to Automotive Electronics magazine headquartered in Korea. Hammond is a founding member of the Women's World Car of the Year #WWCOTY, and board member of the Women in Automotive.