Diesel Vehicles Pay Back In 3-5 Years, Study Finds, Due To Lower Depreciation - Green Car Reports
Diesel cars and trucks may be more expensive to buy, and the fuel generally costs more per gallon, but owners may still be able to amortize those costs over a fairly short period. Average total cost of ownership was found to be lower for diesels, primarily because of lower depreciation. DON'T MISS: Diesel Car Guide: Every 2015-2016 Car & Light Truck, With Specs: UPDATED. This allows owners of diesel vehicles to recoup their purchase premiums in three to five years, researcher Bruce Belzowski found. The study compared gasoline and diesel versions of the same model sold at auction in 2012 and 2013. The sample included cars and SUVs from Audi, BMW, Mercedes-Benz, and Volkswagen, as well as medium-duty trucks from Chevrolet, Ford, GMC, and Ram. Diesels were found to have a lower total cost of ownership than gasoline vehicles, averaging between $2,000 and $7,000 over three to five years. Source: www.greencarreports.com
