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Cant get my head around this but wouldn't you divide 643,737.6...

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Metalduster

7,822 Posts.

392

06/12/19

10:28

Post #: 41830181
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Originally posted by clivemax: ↑

How does this look, (below)?

So,

400,000 MILES = 643,737.6 KILOMETER

Average fuel consumption
in Australia
The average rate of fuel consumption of vehicles in Australia was 7.5 km per liter of petrol (or 13.4 L per 100 km)
So,

643,737.6 (Kilometres) divided by 13.4 (litres) = 480,040.70 (Litres)

Average fuel consumption
in Australia

The average vehicle used 13.4 litres of fuel per 100 km in Australia in 2018.
So,

480,040.70 (Litres) x $1.51 (Average petrol price, per litre) = $72,540.58 (Petrol cost)

So,

Top Dollar for an Electric car battery is $7000 + charging, (up to 400,000 miles)
Average cost of fuel for the similar distance is $72,540 (Petrol Cost)

Reference –

BUDGET DIRECT.(2018) Average fuel consumption
in Australia
https://www.budgetdirect.com.au/car-insurance/research/average-fuel-consumption-australia.html

Globalpetrolprices. (02-12-2019)Average fuel consumption
in Australia
https://www.globalpetrolprices.com/Australia/gasoline_prices/

Expand

Cant get my head around this but wouldn't you divide 643,737.6 by 7.5 (kms) to get the number of ltrs and then multiply by 1.51 (Cost) ?

Md
GXY Price at posting: 86.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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