TrueCar.com finds fuel economy packages sometimes make sense

(April 12, 2012) SANTA MONICA, Calif. — TrueCar, Inc. today released a study which concludes, that depending on the vehicle you purchase, the hundreds of extra dollars paid for the premium fuel-boosting option could make financial sense or could prove to be a costly investment for minimal fuel economy gains.

The options that provide better fuel economy for the consumer may not seem costly when looking at the initial purchase price but consumers need to be wary that the difference in fuel economy can be nominal for some vehicles and could take nearly 50 years to pay back the initial investment.

2012 Mazda3 Touring with SkyActiv

The vehicle that provides the best option for a consumer is the Mazda3 Touring with SkyActiv, which is cheaper than its counterpart vehicle, providing the best value for a consumer with immediate savings while the Chevrolet Sonic took nearly three years to pay off the premium for the Ecotec version. The popular Ford F-150 with EcoBoost took less than five years to break-even.

"The price of gas has consumers thinking about fuel economy but there's a financial investment involved with most of these fuel-saving packages," said Jesse Toprak, Vice President of Market Intelligence at TrueCar.com. "It's important to compare the improvements in fuel economy and the extra costs of the package before purchasing a new vehicle."

Fuel-Boosting Vehicles Under Five Years of Payback

Year

Make

Model

Trim

Average Paid

Net Price

Combined MPG

Years to Break-Even

2012

Mazda 3

Touring

4dr Sedan s Grand Touring

$23,450

$23,450

24.7

 

2012

Mazda 3

Touring with SkyActiv

4dr Sedan I Grand Touring

$22,366

$22,366

32.4

(1.9)

2012

Chevrolet

Sonic

4dr Sedan LT 1LT

$15,956

$15,956

29.4

 

2012

Chevrolet

Sonic with Ecotec Turbo

4dr Sedan LT 1LT with Ecotec Turbo

$16,591

$16,591

33.1

2.9

2012

Ford

Edge

4dr SE FWD, 3.5L TI-VCT V6

$26,702

$26,702

21.9

 

2012

Ford

Edge Ecoboost

4dr SE FWD with EcoBoost

$27,566

$27,566

24.3

3.3

2012

Kia

Forte Sedan EX

4dr Sedan Auto EX 2.0L Auto

$17,513

$17,513

29.7

 

2012

Kia

Forte Sedan EX Eco

4dr Sedan Auto EX 2.0L Auto Eco Package

$17,786

$17,786

30.7

4.2

2012

Ford

F-150

2WD SuperCab 145" XLT 5.0L V8 Engine

$28,878

$28,878

17.2

 

2012

Ford

F-150 with EcoBoost

2WD SuperCab 145" XLT 3.5L V6 EcoBoost

$29,731

$29,731

18.2

4.5

There are some models that only provide a small increase in fuel economy and the payback time on the investment could be lengthy. The Cruze Eco has the highest years to break-even, with 48 years but the Fiesta SFE also takes more than 36 years to pay off the cost of the fuel-saving option.

Fuel-Boosting Vehicles Over Five Years of Payback

Year

Make

Model

Trim

Average Paid

Net Price

Combined MPG

Years to Break-Even

2012

Chevrolet

Cruze

4dr Sedan LT w/1LT

$20,129

$20,129

30.3

 

2012

Chevrolet

Cruze Eco

4dr Sedan ECO

$20,982

$20,982

30.6

48

2012

Ford

Fiesta

4dr Sedan SE

$15,464

$15,464

32.8

 

2012

Ford

Fiesta SFE

4dr Sedan SE, SFE Package

$16,075

$16,075

33.1

36.2

2012

Ford

Focus

4dr Sedan SE

$16,874

$16,874

31.8

 

2012

Ford

Focus SE with SFE

4dr Sedan SE with SFE

$17,305

$17,305

32.4

12.4

2012

Honda

Civic

4dr Auto LX

$18,632

$18,632

32.1

 

2012

Honda

Civic HF

4dr Auto HF

$19,398

$19,398

33.4

10.6

2012

Kia

Soul Auto Base

5dr Wagon Auto Base

$16,529

$16,529

30.1

 

2012

Kia

Soul Base Eco

 ECO Package

$17,483

$17,483

31.8

9.3

2012

Kia

Soul+

5dr Wagon Auto +

$18,133

$18,133

29.1

 

2012

Kia

Soul+

2.0L ECO Package

$18,585

$18,585

30.1

6.7

TrueCar's fuel-boosting options study assumes gas prices at $3.90 per gallon and an average 15,000 miles driven annually. As fuel prices change, the break-even periods will adjust. When gas prices rise, a shorter break-even time will occur, while after gas prices decline, the break-even time will increase.