True price diff between i4 and v6.
Assumptions:
10 yrs of ownership
150,000 total miles
$2.60 per gallon of fuel.
Regular maintenance expenses the same for both cars.
Necessary repair expenses the same for both cars.
Both cars LEs. One V6 the other one I4.
Insurance rates the same for both cars.
Ave gas mileage obtained from:
http://www.fueleconomy.gov/
I4 = 26 m/g V6= 22 m/g
Retail prices obtained from: toyota.com
I4 = $ 21,075.00 V6= $ 23,640.00
Hence:
I4:
150,000 miles div 26 miles/gallon = 5769 gallons X $2.60/gallon = $14,999.00
V6:
150,000 miles div 22 miles/gallon = 6818 gallons X $2.60/gallon = $17,727.00
Grand total:
I4:
$21,075.00 + $14,999.00 = $ 36,074.00
V6:
$23,640.00 + $17,727.00 = $ 41,363.00
Difference: 41,363 ? 36,074 =$ 5,293 / 10 yrs = $ 529 / yr div 12 months = $ 44.00 per month.
So: V6s pay $ 44.00 more a month than the I4s.
