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

Civic Hybrid vs.Civic GX NGVCivic Hybrid vs.Civic GX NGV

Team #2• Wilson Law – Organizer• Wei Ming Lee – Summarizer

Presentation Outline

• Scenarios

• Fuel Costs

• Mileage

• City-Highway Ratio

• Useful Life

• APR

• Conclusion

• Resources

Phill (Fuelmaker)

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

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

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

Mileage• Varying mileage from 13k to 17k

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

Useful Life• Varying useful life from 5 to 10 years

APR• Varying APR from 6% to 14%

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

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