Cost Comparison: Petroleum Oil vs Synthetic Oil

Weblog - Lubrication

Putting together a Dan Watson article comparing petroleum oil vs synthetic oil, I came across this summary comparison that looks at the cost savings of synthetic oil vs petroleum oil in terms of direct savings as well as the indirect savings realized by increased fuel economy.

Cutting to the chase, you can save over $500 a year ($100 less if you spend time to change your own oil) using Amsoil Synthetic Oil vs Petroleum Oil in your diesel truck. The following figures are based on a Duramax diesel truck driving 24,000 miles annually.

Petroleum Oil Annual Cost for Oil Changes:
$435
Synthetic Oil Annual Cost for Oil Changes:
$144
Annual Lubrication Cost Savings Using Synthetic Oil
$291
Petroleum Oil Annual Fuel Cost
$4,800
Synthetic Oil Annual Fuel Cost
$4,560
Annual Fuel Cost Savings Using Synthetic Oil
$240
Total Annual Saving (including labor) Using Synthetic Oil
$531

Petroleum Oil (4,000-Mile Changes)

Ten quarts @ $3.75 each $37.50 | 6X = $225

Pleated paper oil filter $15.00 | 6X = $90

Total for materials: $52.50 | 6X = $315

Total for Labor: $20.00 | 6X = $120

Petroleum annual total for oil changes (material + labor): $435


Synthetic Oil (Extended Drain: 24,000-Mile Changes)

Twelve* quarts @ $8.75 each $105.00

EaO-52 filter $19.00

Total for materials: $124

Total for Labor: $20

Synthetic annual total for oil change: $144

*Two quarts added for make-up oil


Fuel Economy Comparison (24,000 miles)

Petroleum Oil

1,600 Gallons @ $3.00 per Gallon = $4,800 in annual fuel charges
Based on Fuel Economy of 15 MPG

Synthetic Oil

1,520 Gallons @ $3.00 per Gallon = $4,560 in annual fuel charges
Based on Fuel Economy of 15.79 MPG (five percent average improvement)

Average Annual Fuel Savings using Synthetic Oil: $240


For more information on Amsoil Synthetic Oils and other lubricants, visit The Lube Page or call Dan Watson at (800) 661-7242.

 

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