Something interessting I learned the other day. MPG is a misleading figure. Here is what I mean Lets say we have 2 people Sally drives a ford Explorer. She gets 20mpg. Bill drives an Accord, he gets 30mpg Bill and Sally are both angry about high gas prices so they ...
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| Dirty Liberal Democrat South Jersey ![]() ![]() ![]()
| Gallons per mile, not MPG Something interessting I learned the other day. MPG is a misleading figure. Here is what I mean Lets say we have 2 people Sally drives a ford Explorer. She gets 20mpg. Bill drives an Accord, he gets 30mpg Bill and Sally are both angry about high gas prices so they decide to buy new cars. Sally gets a v-6 Ford Fusion. She now gets 25mpg. Bill gets a Honda Civic. He now gets 35mpg Both Sally and Bill drive about 400 miles a week. Both drivers experienced an increase of 5 mpg after thier new purchase. However Bill soon discovers that he has been a dolt. Sally has saved an average of 16 dollars per week or 832 dollars per year. Bill saves less than half of that. He saves only 7.62 per week or about 396 dollars per year. It's true that Bill pays less for fuel than sally, but Sally's increase of 5mpg had a much bigger benefit than Bills 5mpg. The moral of the story is that if you drive an SUV or something that gets 18-20mpg, even a modest increase in fuel economy has big benefits. If you already get 25-30 mpg... buying a new car really won't save you that much money. The incremental cost benefit of switching from something like a Civic to something like a Prius is minimal. Don't bother. | ||||
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| | #2 | ||||
| Dirty Liberal Democrat South Jersey ![]() ![]() ![]()
| I'm really going to dork it up. Check out this chart I made in Excel. It really illustrates the issue well. | ||||
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| | #3 | ||||
| ..... your a worthless poster Realist ![]() ![]()
| it's incremental gains, law of diminishing returns..........is this news? | ||||
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| | #4 | ||||
| Perpetual Noob Independent ![]()
| common sense? | ||||
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| | #5 | ||||
| Dirty Liberal Democrat South Jersey ![]() ![]() ![]()
| Not really. Most people think MPG is MPG. When you are comparing cars you just look at that one number. If you are looking at a large SUV or pickup truck, 1 or 2 MPG differece actually makes a big difference. When you get to something like a Civic 1 or 2 MPG is almost irrelevant. So the point was that if you look at the cars "gallons per mile" rating you would see this hyperbolic curve where as if you just look at MPG, the graph is linear. Last edited by WickedLou9; 07-03-2008 at 04:36 PM. | ||||
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| | #6 | ||||
| ipsa Scientia Potestas est Pragmatist North Carolina ![]() ![]() ![]() ![]()
| I think it's useful for a lot of people, I was actually talking to someone the other day who wasn't sure whether or not to buy a new car.. they didn't really know how to do any kind of cost/benefit analysis (...), I'm going to link this to them | ||||
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| | #7 | ||||
| Administrator libertarian Oklahoma ![]()
| Umm yeah thats called basic math ![]() If you get 20 mpg and get 25 with your new car thats a 25% gain in mileage. If you got 30 mpg and get 35 its only a 16.6% increase in mileage... | ||||
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| | #8 | ||||
| Bokonist Independent Kansas City ![]()
| They should stop paying me in dollars per hour and switch it over to hours per dollar. I don't want to get confused about a 5 dollar raise | ||||
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| | #9 | ||||
| Left Wing Hack Democrat Hastings, NE ![]()
| Originally Posted by nbiggershaft You can work for me for a 5 hour raise.
wait... wat...
__________________ If I agreed with you we'd both be wrong | ||||
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| | #10 | ||||
| Dirty Liberal Democrat South Jersey ![]() ![]() ![]()
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| | #11 | ||||
| Anti-War, Anti-State, Pro-Free Market Capitalist ![]()
| You guys really do give the general public too much credit. I'd imagine something like 95% of the population doesn't understand this. | ||||
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| | #12 | ||||
| Administrator libertarian Oklahoma ![]()
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| | #13 | ||||
| George W Bush, God's Tool Independent ny ![]() ![]()
| Not everything needs to boil down to marginal this or percentage that, sometimes people do things because it makes them feel good or maybe its just that they need a new car anyway so might as well get one with a higher MPG. I don't understand all this elitist crap spewing in this thread making fun of the public. To read this thread is to see an utter lack of understanding and a huge disconnect with you guys and the public at large.
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| | #14 | ||||
| For those about to rock... libertarian Atlanta, GA ![]() ![]()
| Originally Posted by David Octavius You're describing the irrationality of the public. FEELING good does NOT mean it's ACTUALLY good. Recycling is a great example of this.
__________________ http://www.corruptapedia.com/ You can call me Aaron Burr the way I drop Hamiltons. | ||||
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| | #15 | ||||
| George W Bush, God's Tool Independent ny ![]() ![]()
| Irrationality is part of human nature, we are all irrational at one point or another. Trying to deride people for it only shows your own irrationality - its NOT the proper way to go about things. | ||||
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| | #16 | ||||
| Member Independent ![]()
| people are not irrational...they are insane. As my Grandmother used to say, "All the world is crazy but thee and me, and thou art a little whacko"
__________________ error-that does not compute | ||||
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| | #17 | ||||
| ..... your a worthless poster Realist ![]() ![]()
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| | #18 | ||||
| ..... your a worthless poster Realist ![]() ![]()
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| | #19 | ||||
| For those about to rock... libertarian Atlanta, GA ![]() ![]()
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| | #20 | ||||
| ..... your a worthless poster Realist ![]() ![]()
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