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Civic Hybrid vs.Civic GX NGV Team #2 Wilson Law – Organizer Wei Ming Lee – Summarizer
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Presentation Outline Scenarios Fuel Costs Mileage City-Highway Ratio Useful Life APR Conclusion Resources Phill (Fuelmaker)
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Scenario #1 2009 Honda Civic GX Natural Gas Vehicle –$25,090 suggested starting price –24mpg city, 36mpg highway –Will fill up with the gas at home Useful life: 5 years Mileage: 15,000 miles per year 60% Highway, 40% City 15% down payment, 8% APR
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Scenario #2 2009 Honda Civic Hybrid Sedan –$23,550 suggested starting price –40mpg city, 45mpg highway Useful life: 5 years Mileage: 15,000 miles per year 60% Highway, 40% City 15% down payment, 8% APR
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Fuel Costs NGV –Natural gas prices – average $2.04 –Initial cost for Phill - $4000 –Replacement cost for Phill - $2000 Hybrid –Gas prices – average $3.42
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Mileage Varying mileage from 13k to 17k
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City-Highway Ratio Varying city-highway ratios from 0/100 to 100/0
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Useful Life Varying useful life from 5 to 10 years
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APR Varying APR from 6% to 14%
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Conclusion The Honda Civic GX is the preferred car for our scenario However, after 5 years or 75000 miles, whichever comes first, the Hybrid becomes the preferred choice
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Resources Official Honda Website California Natural Gas Vehicle Coalition Phill by FuelMaker Alternative Fuels and Advanced Vehicles Data Center http://www.fuelgaugereport.com/CAavg.asp
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