NET PRESENT VALUE CALCULATOR

Gas vs. CNG GAS TRUCK CNG TRUCK

Discount Rate : 1.00% 1.00%

Tire/brake cost every 3 yrs $ 2,000 $ 2,000.00
Annual rise in fuel cost 10.00% 10.00%
Years owned before resale : 7 7

Y Cashflow Y Cashflow
Vehicle Cost 0 $ 20,000 0 $ 30,000
Fuel cost in first year 1 $ 3,000 1 $ 2,000
Fuel+increase 2 $ 3,300 2 $ 2,200
Fuel+increase+Tires Brakes 3 $ 5,630 3 $ 4,420
Fuel+increase 4 $ 3,993 4 $ 2,662
Fuel+increase 5 $ 4,392 5 $ 2,928
Fuel+increase+Tires Brakes 6 $ 6,832 6 $ 5,221
Income from vehicle sale 7 $ (10,000) 7 $ (14,000)

NET PRESENT VALUE (NPV)

Vehicle Cost+Fuel+Maint : $ 36,430 $ 35,279

CNG truck savings: $ 1,151

This demonstrates a viable investment scenario for a CNG pickup truck

Note: Higher NPV means that the vehicle costs more to own over time.

You may edit cells in green to customize this analysis for your fleet

Note: This example assumes a truck that gets 10 MPG traveling 10,000 miles/yr
This example also assumes $3/gal for gasoline ($3000/year in the first year)
and $2/gal for CNG ($2000/year in the first year).