Fuel Mileage part 4
Listen or download as a podcast
Over the last couple of weeks I have outlined some fuel saving strategies that don’t cost you anything to implement and will save you money immediately, the idea is to take that savings and invest it back into your business to continue improving your bottom line and put more money back in your pocket, each strategy paying for the next one. I’m going to continue that idea and show you how to calculate your ROI or return on investment. I’ll start with ideas and strategies that have the fastest ROI and then build from there, for example the ROI on the product I’ll talk about now can be measured in weeks, and something as expensive as say an APU will be measured in months or even years, so we start with the fastest return and let the savings pay for the higher priced strategies. If you have been following along and implementing the strategies I’ve outlined you should have saved enough already to pay for this next idea. I’ve been using a product on my trucks for years now that reduces smoke, improves horsepower and increases fuel mileage by as much as ten percent. It’s called the turbo 3000d vada and its actually very simple, it improves fuel flow at the injector resulting in a better spray pattern and a cleaner more efficient burn. Here is how you would calculate return on investment for a device like this. if you are getting five and half miles per gallon before installing it, you can expect an increase of 5 tenths of a mile per gallon after installing it. your fuel cost per mile was fifty two cents per mile at two eighty six a gallon and five and a half miles per gallon. After installing the turbo 3000 your fuel cost per mile will be forty eights cents per mile. It will cost you roughly $300 installed so your ROI or break even will be seven thousand five hundred miles I’ll explain this concept in more detail and give you another idea next week so stay tuned
