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Civic Hybrid vs.Civic GX NGV

Civic Hybrid vs.Civic GX NGV. Team #2 Wilson Law – Organizer Wei Ming Lee – Summarizer. Presentation Outline. Phill (Fuelmaker ). Scenarios Fuel Costs Mileage City-Highway Ratio Useful Life APR Conclusion Resources. Scenario #1. 2009 Honda Civic GX Natural Gas Vehicle

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Civic Hybrid vs.Civic GX NGV

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  1. Civic Hybrid vs.Civic GX NGV Team #2 Wilson Law – Organizer Wei Ming Lee – Summarizer

  2. Presentation Outline Phill (Fuelmaker) Scenarios Fuel Costs Mileage City-Highway Ratio Useful Life APR Conclusion Resources

  3. 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

  4. 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

  5. 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

  6. Mileage Varying mileage from 13k to 17k

  7. City-Highway Ratio Varying city-highway ratios from 0/100 to 100/0

  8. Useful Life Varying useful life from 5 to 10 years

  9. APR Varying APR from 6% to 14%

  10. 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

  11. 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

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