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Civic Hybrid vs.Civic GX NGVCivic Hybrid vs.Civic GX NGV
Team #2• Wilson Law – Organizer• Wei Ming Lee – Summarizer
Presentation Outline
• Scenarios
• Fuel Costs
• Mileage
• City-Highway Ratio
• Useful Life
• APR
• Conclusion
• Resources
Phill (Fuelmaker)
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
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
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
Mileage• Varying mileage from 13k to 17k
City-Highway Ratio• Varying city-highway ratios from 0/100 to 100/0
Useful Life• Varying useful life from 5 to 10 years
APR• Varying APR from 6% to 14%
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
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