In performing a basic cost analysis of moving from gasoline to diesel engines, meaningful indices must be measured. Costs are then funded with capital and operating dollars, though these can be limited due to internal company strategic and tactical planning activity. Chart 1 illustrates a comparative cost analysis of a 2006 diesel truck versus a 2006 gasoline-powered truck. The costs include a settled-down fuel cost of $2.60 per gallon for diesel and $2.25 per gallon for gasoline, and a $5,000 price difference per truck with a one-year average maintenance cost extended out for an 84-month lifecycle. An estimated 12 months is needed to cover the additional price difference and the 72-month remaining lifecycle shows a $31,000 potential savings for a medium-size truck, for example, a gardener’s dump truck with a 3-5-yard capacity. Of course, the higher the acquisition cost difference, the longer the return on investment. Also, most gasoline truck capacities stop at 24,000 lb. GCVW and a diesel is a minimum needed to work this weight. If the cost of the cure is more than the cost of the disease, bear the disease. Click here to view chart
In Michigan, New York, and the province of Quebec, the minimum age to rent a vehicle will remain 18 for both brands as required by law.