All the new emission regulations that are being imposed on diesels are definitely going to have a big impact on diesel sales.
When I bought my '06 LBZ back in 2005, the price of diesel fuel was around 10 to 13 cents per gallon more than gasoline. Even with that fuel cost premium, plus the additional cost for the diesel package and maintenance, I figured that with the improved fuel economy my break-even point was going to be around 60,000 miles compared to the 8.1 Liter gasser. But now when you consider that diesel fuel is selling around here for 62 to 65 cents per gallon MORE than gasoline, plus the increased cost for the diesel package on the GMT900 and more complex and expensive diesel oil & emission system maintenance, my calculations come out to around 460,000+ mile to break even, when compared to the 8.1 liter gasser. -- If I compare the total cost of owning a new 2007+ diesels to that of the 6.0 liter gasser, the break even point comes out to around 2.8 million miles.
The way I figure it, if this price disparity continues to rise and the cost of diesel fuel gets to be greater than 69 cent per gallon more than gasoline, the total cost of ownership for the diesel truck will be greater than for the 6.0 L gas engine on these trucks and one will NEVER break even.
I sure am glad that I bought my new truck when I did, 'cause I could NEVER cost justify a new GMT900 diesel with all the higher costs and complexity associated with it.
The EPA along with the oil companies' higher diesel fuel prices are doing a great job at killing highway diesel engines for anything other than OTR trucking.
It's getting to the point where only diehard diesel enthusiasts will be the only ones buying them in the future.
When I bought my '06 LBZ back in 2005, the price of diesel fuel was around 10 to 13 cents per gallon more than gasoline. Even with that fuel cost premium, plus the additional cost for the diesel package and maintenance, I figured that with the improved fuel economy my break-even point was going to be around 60,000 miles compared to the 8.1 Liter gasser. But now when you consider that diesel fuel is selling around here for 62 to 65 cents per gallon MORE than gasoline, plus the increased cost for the diesel package on the GMT900 and more complex and expensive diesel oil & emission system maintenance, my calculations come out to around 460,000+ mile to break even, when compared to the 8.1 liter gasser. -- If I compare the total cost of owning a new 2007+ diesels to that of the 6.0 liter gasser, the break even point comes out to around 2.8 million miles.
The way I figure it, if this price disparity continues to rise and the cost of diesel fuel gets to be greater than 69 cent per gallon more than gasoline, the total cost of ownership for the diesel truck will be greater than for the 6.0 L gas engine on these trucks and one will NEVER break even.
I sure am glad that I bought my new truck when I did, 'cause I could NEVER cost justify a new GMT900 diesel with all the higher costs and complexity associated with it.
The EPA along with the oil companies' higher diesel fuel prices are doing a great job at killing highway diesel engines for anything other than OTR trucking.
It's getting to the point where only diehard diesel enthusiasts will be the only ones buying them in the future.