Vincentric: ProMaster Van Leads TCO Among Diesels
Photo of ProMaster courtesy of FCA US.
The diesel-powered Chrysler ProMaster full-size van was the only non-luxury diesel expected to deliver a lower total cost of ownership than its gasoline counterpart in a Vincentric study that evaluated 35 diesels.
The average price premium for a diesel vehicle was $5,390 with average diesel fuel costs savings of $855, according to Vincentric.
In its most recent Diesel Analysis, the company found that 11 of 35 diesel vehicles analyzed had a lower total cost of ownership by looking at eight different cost factors. The elements looked at were depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost and repair.
Ten out of the 11 diesel vehicles with lower ownership costs were luxury vehicles. Mercedes-Benz, BMW and Audi all contributed to this list of diesel vehicles. The percentage has dropped from the last study taken in November 2013 by 15 percent.