Gas Savings Calculator
Your Potential Savings
Annual Savings:
Monthly Savings:
Gallons Saved Per Year:
How Much Can You Really Save with a More Efficient Car?
With fluctuating fuel prices, the efficiency of your vehicle plays a massive role in your monthly budget. Our Gas Savings Calculator helps you determine exactly how much money stays in your pocket when you upgrade from a gas-guzzler to a fuel-efficient hybrid, electric, or simply a modern sedan.
The Math Behind Fuel Savings
The calculation for fuel savings isn't linear. Moving from 10 MPG to 20 MPG saves significantly more gas than moving from 30 MPG to 40 MPG over the same distance. This is because the volume of fuel consumed is what determines the cost, and the "Gallons per Mile" decreases more drastically at lower efficiency levels.
Understanding the Inputs
- Mileage: This is the total distance you drive in a year. The average American drives approximately 13,500 to 15,000 miles annually.
- MPG (Miles Per Gallon): This measures how many miles your car can travel on a single gallon of fuel. You can find this on your car's window sticker or dashboard display.
- Gas Price: Enter the local price you pay at the pump. Even a $0.20 change in gas prices can significantly impact your annual totals.
Real-World Example
Let's say you currently drive a full-sized SUV that averages 15 MPG. You drive 12,000 miles per year. At a gas price of $3.80 per gallon, you are spending $3,040 annually on fuel.
If you switch to a hybrid crossover that gets 40 MPG, your annual fuel cost for those same 12,000 miles drops to just $1,140. That results in a direct savings of $1,900 per year or roughly $158 per month.
Factors That Affect Fuel Economy
While the EPA rating gives a baseline, your actual savings may vary based on:
- Driving Habits: Rapid acceleration and heavy braking reduce efficiency.
- Tire Pressure: Under-inflated tires increase rolling resistance and lower MPG.
- Cargo Weight: Carrying extra weight in the trunk forces the engine to work harder.
- Idling: Modern cars save fuel by shutting off at stoplights; idling consumes fuel without moving the vehicle.