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Old 03-06-2014, 05:11 PM   #39 (permalink)
MetroMPG
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Join Date: Nov 2007
Location: 1000 Islands, Ontario, Canada
Posts: 22,515

Blackfly - '98 Geo Metro
Team Metro
Last 3: 70.09 mpg (US)

MPGiata - '90 Mazda Miata
90 day: 52.71 mpg (US)

Even Fancier Metro - '14 Mitsubishi Mirage top spec
90 day: 70.75 mpg (US)

Appliance car - '14 Mitsubishi Mirage ES (base)
90 day: 52.48 mpg (US)
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Yeah - fuel prices have a huge impact on payback period.

I ran the numbers with higher Canadan fuel prices, Canadian purchase prices ($2500 difference), the more realistic "combined" mileage (who drives just highway?) and the Micra holds the lead as most economical until the 8th year of ownership when the Mirage takes over -- that's at 160,000km or 100k miles. That's for the manual. The automatic Mirage surpasses the automatic Micra 3 years sooner.



Full details/assumptions and link to spreadsheet: Micra running costs comparison vs. competitors

And if you keep the Prius C long enough, it takes the lead from the Mirage... Somewhere around year 18.

Also: it's a reasonable bet that Mitsu & GM are going to respond with cash on the hood to close the price gap when the Micra hits dealerships next month. So that'll change the math again.
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Project MPGiata! Mods for getting 50+ MPG from a 1990 Miata
Honda mods: Ecomodding my $800 Honda Fit 5-speed beater
Mitsu mods: 70 MPG in my ecomodded, dirt cheap, 3-cylinder Mirage.
Ecodriving test: Manual vs. automatic transmission MPG showdown



EcoModder
has launched a forum for the efficient new Mitsubishi Mirage
www.MetroMPG.com - fuel efficiency info for Geo Metro owners
www.ForkenSwift.com - electric car conversion on a beer budget
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