Understanding Trip Fuel Costs
Fuel is one of the largest ongoing expenses of vehicle ownership. By calculating fuel costs before a trip, you can budget effectively and choose the most efficient route. The key factors are distance, your vehicle's fuel economy, and local fuel prices — all of which vary significantly. A vehicle getting 30 MPG vs 20 MPG saves roughly $500-800 per year at current fuel prices.
Fuel Economy Facts
| Vehicle Type | Typical MPG | Annual Fuel Cost (12K mi) |
|---|---|---|
| Compact car | 30-40 | $1,050-$1,400 |
| Midsize sedan | 25-35 | $1,200-$1,680 |
| SUV | 20-28 | $1,500-$2,100 |
| Truck | 15-22 | $1,900-$2,800 |
| Hybrid | 45-55 | $760-$930 |
| Electric (EV) | 3-4 mi/kWh | $500-$700 |