Reflections on side mirrors: testing drag vs. MPG - MetroMPG.com
I did an A-B-A at 55 mph, cruise control also.
Except in my case A = both mirrors on, B = passenger mirror off, driver's side folded back
1.27 mpg (US) - difference between A and B run avgs
= 2.3% - increase in fuel economy at this speed, for this car.