- If your vehicle has a trip odometer, reset it or record the mileage on the master odometer.
- Drive your car regularly and let your petrol tank get down to half a tank of gas.
- Subtract the original odometer reading from the new one to get the miles traveled from the trip odometer.
- Subtract the number of miles traveled from the number of gallons used to fill the tank. Your car’s average miles per gallon yield for that driving period will be the result.
How do you calculate fuel cost per mile?
Although it is more accurate to calculate gasoline costs when you have a log with fuel and mileage data, you can use estimations if you don’t have access to past data. To calculate yearly fuel cost per mile, divide total real or expected fuel expenses by actual or estimated annual miles driven. For instance, if you drove 15,000 miles last year and spent $1,600 on gas, your fuel cost is 1,600 divided by 15,000, or 10.67 cents per mile.
How do you calculate fuel cost?
It’s tempting to just get in the car and drive, but when planning a road trip or even starting a new commute, a little preparation goes a long way. Calculating the cost of gas for a trip is a good way to budget travel expenses, and there are a few options. One is to do it by hand, which takes only a few minutes and provides you with some helpful information, and the other is to utilize an online gas cost calculator. You’ll need a few basic data about your vehicle for this.
Calculate your miles per gallon
Fill up your gas tank and press the trip odometer button on the instrument panel to zero, then continue driving normally until you need to stop for gas again. Take note of the trip odometer reading when you next refuel to figure out how many miles you’ve gone. You can also get this amount by writing down the total odometer reading the first time you fill up and the difference being your miles driven the second time. To calculate your miles per gallon, divide your mileage by the amount of gallons of gas you pumped at the second gas station.
Work out the trip distance
A quick peek at Google Maps or your phone’s navigation software will tell you how many miles the trip will be, whether you’re travelling point-to-point or round trip. This is an excellent time to plan your preferred route, think about traffic hot areas to avoid, and, if you’re doing a road trip, consider any sights and detours you’d like to include.
Get the price of gas
You may recall the price of gas from your previous fill-up, but prices fluctuate significantly over time and by region, so it may not be a reliable indicator. Take a peek at the AAA’s current national and regional gas prices to get an idea of how much gas will cost you on your trip.
Calculate the overall gas cost of your trip
With miles per gallon, trip distance, and gas prices at your fingertips, you can use a simple formula to calculate the gas cost of a journey. To figure out how many gallons of gas you’ll need, divide the distance of the route by your miles per gallon value. Then multiply the number of gallons by the price of gas to get the total cost of gas for your trip.
Route B Use an online calculator
There are several excellent calculators available that will provide you with the cost of a trip as well as directions and information on how to save money on gas. Select your vehicle’s year, make, model, and engine type, as well as your start and destination points and any rest stops along the way, as well as the proportion of city driving for the journey, on the government’s fuel economy website. When you click Calculate, you’ll get a gasoline cost estimate, a route map, and directions. You can also compare prices by adding more vehicles.
Another useful option that is a little different is GasBuddy. Enter your starting point, a stop-off if applicable, and your destination, as well as whether you want to calculate a one-way or round-trip distance. Then choose the year, make, model, and engine type for your automobile, as well as the type of fuel you use – ordinary, midgrade, premium, or diesel. Tap “calculate,” and GasBuddy will show you the trip cost, mileage, and predicted gallons used, as well as where to fill up and how much you may save by choosing recommended gas stations.
Other road trip expenses
Calculating the gas cost of a journey, regardless of how you go about it, is a valuable approach to plan ahead and, while it is more of a guide than a precise figure, it will help you avoid an unexpected fuel charge at the end. Remember that unexpected events, including as accidents, detours, and delays, can add miles and petrol to your route. Also, on a long trip, there are always other costs to consider, such as food and drink stops, toll fees, and the temptation to pull over when you see a sign that says “greatest ice cream in the world.”
What is the average cost per mile?
The average price of a new vehicle in the study is $32,903, up nearly 5% from the previous year. The shift indicates a shift in consumer behavior. “Cars in the compact sedan, medium sedan, medium SUV, and hybrid categories averaged a $3,064 price rise, headed by hybrids as consumers choose for larger (and thus more expensive) models in this category,” according to AAA. Pickup vehicles witnessed a $4,684 rise (an increase of 11% on average).”
The annual Your Driving Cost research by the motoring club examines the cost of ownership for 45 different automobile models. It comprises the five most popular vehicles from each of the nine categories. To determine the average cost, AAA looks at gasoline, maintenance/repair/tire costs, insurance, license/registration/taxes, depreciation, and finance charges for each car.
The average cost of gasoline is 10.72 cents per mile, though this varies greatly depending on the vehicle’s fuel efficiency. Owners of electric vehicles spend an average of 3.66 cents per mile compared to 15.81 cents per mile for pickup truck owners.
The cost of maintenance and repairs is 9.55 cents per mile. EV owners pay less in maintenance and repairs, averaging 7.77 cents per mile. Surprisingly, medium sedans have the highest average maintenance and repair expenses, coming in at 10.43 cents per mile.
It’s not all doom and gloom. Because of a decrease in the prime lending rate, the cost of financing an automobile has decreased slightly. In 2021, the average interest rate will be 4.12%, down 1.056 percentage points from 2020.
How do you calculate fuel consumption of a diesel engine per hour?
It’s crucial to remember that depending on how fast you’re driving and other factors, your fuel consumption may reduce or increase. A gasoline meter put on your boat is the only true way to measure fuel use. However, while calculating your fuel use isn’t always perfect, it’s a wonderful place to start! On the sea, miles are difficult to measure, hence Gallons Per Hour (GPH) is utilized instead of the conventional MPH.
Pen and Paper Method
“…put in its horsepower rating and multiply it by the specific fuel consumption average, then divide the product by the fuel specific weight,” says the author. *
How much does fuel cost per mile UK?
Fuel for a petrol car costs roughly 18.3 pence per mile, whereas fuel for a diesel car costs around 15.7 pence per mile. This is more than three times the expense of driving an electric car per mile.
How do you calculate diesel?
You won’t be able to tell if your new driving style and skills are effective unless you know your car’s average miles per gallon (mpg). On-board computers are available in some vehicles, however they are not always reliable.
- Subtract the number of miles travelled from the litres of gasoline consumed (miles per litre)
Stages one and two are completed by Frank. When he next fills up, his trip meter reads 160.1 miles. Filling his tank takes 22.3 litres. Frank calculates his gasoline consumption to be:
How do you calculate fuel consumption per distance?
I enjoy road trips and am always searching for ways to save money on gas (so I can spend it on meals), so I normally calculate my gasoline budget until the very last kilometer.
To calculate the cost of fuel for a journey, you’ll need the distance traveled, the cost per litre of petrol, and the vehicle’s average fuel consumption.
To put it another way, double the entire distance (km) by 100. Multiply the result by the average fuel use, and then multiply that by the fuel price (per litre).
Consider the following scenario: I wish to travel from Cape Town to East London, a distance of 1040 kilometers. Because of its low fuel consumption, I’ll be driving the Suzuki Baleno. To do this figure, I’ll assume an average fuel usage of 5.8 litres per 100 kilometers, but I’ll also have to factor in the fact that I’m unlikely to be traveling at 90 km/h in absolutely flat, windless circumstances. So I’ll base my calculations on 7.0 litres per 100 kilometers – I’d rather be conservative than risk being out of pocket if typhoons blow on the front of my windscreen (hopefully not)!
So, let’s get started. My Baleno will consume 7.0 liters per 100 kilometers. The first step is to divide the distance (1040 km) by 100, which equals 10.4. I’ll multiply this by seven to get 72.8 litres.
The current gasoline price will be compounded by this number of 72.8 l. I chose the current reef price (93) of R18.11 as a starting point. R1 318.408 is the total. If you intend to return, multiply that figure by two, but don’t forget to account for the distance you’ll travel while you’re there!
And keep in mind that practically everything costs more than you think. It’s indicative of the times. Best wishes on your journey!
What is the average cost per mile for trucking?
According to the National Private Truck Council (NPTC), the average trucking cost per mile for private fleets in the United States is $2.90. So, if one of your vehicles traveled 100,000 miles last year, you spent $290,000 to keep it running. That’s after factoring in the costs of the driver, fuel, equipment, insurance, maintenance, and other truck-related expenses.
Every mile you can shave off the odometer means more money in your pocket. But are fleet owners taking advantage of fleet optimization technology, which makes truck routes as efficient as possible, as they should? Unfortunately, the answer is no.