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Should you fill up with premium gas?

Premium has such a nice ring to it, doesn't it? But sometimes premium doesn't always mean more efficient-- Hamm breaks down whether to upgrade at the pump.

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Toby Talbot/AP/File
A gas pump is shown in Montpelier, Vt. Is it worth it to fill up with premium gas?

You鈥檙e standing at the gas pump. There are multiple fuel types available 鈥 a low-cost type that鈥檚 marked with an 87 octane rating that also has 10% ethanol, a medium priced gas that鈥檚 87 but more expensive than the ethanol gas, and a premium fuel that has a 91 octane rating. (Note that you may or may not have the ethanol gas in your area, but it鈥檚 certainly prevalent here in Iowa.)

Which is going to get you the most miles for your dollar? I certainly want to be able to make a quick decision at the pump that will maximize my miles per dollar that I get from the gas that I purchase.

There are a few simple things you can do to figure out which gas you should buy.

贵颈谤蝉迟,听check out your car鈥檚 manual.聽Every car manual gives a recommendation for the minimum octane to use when fueling up the car. You should match that number, but it doesn鈥檛 really help to exceed that number.

The vast majority of cars sold today (I won鈥檛 say 鈥渁ll,鈥 but it鈥檚 pretty close) are optimized to run on 87 octane fuel. If your manual suggests higher octane fuel, that鈥檚 what you should buy, of course, but聽you don鈥檛 gain any mileage benefit from buying higher octane fuel than what鈥檚 recommended in your manual.

That鈥檚 the general recommendation offered by the聽聽on fuel efficiency, anyway, and it matches my own experience.

However, there is one situation where you聽should聽exceed what your manual is telling you: if your engine emits a regular 鈥減inging鈥 or 鈥渒nocking鈥 sound, it might be due to insufficient fuel octane. Of course, in that situation, I鈥檇 check with a mechanic before anything else.

So, we鈥檝e eliminated the expensive fuel with the 91 octane rating. What about the other two?

The next step is to聽compare the prices of ethanol-added fuel and non-ethanol fuel.聽You鈥檒l need to know the prices to figure out which is the best buy 鈥 but it鈥檚 not always the cheapest one.

罢丑别听聽that 10% ethanol blend fuels trim about 4% off of the gas mileage of the automobile. My experience actually pushes that percentage higher 鈥 according to my own measurements in our automobiles, doing a mix of city, interstate, and highway driving, 10% ethanol blend fuel drops gas mileage by 7-8%. Let鈥檚 say it鈥檚 7.5% for the purposes of calculating this.

What I do is I take out my calculator on my phone and multiply the non-ethanol fuel cost by 0.925 (which is simply 1 minus 0.075 鈥 the 7.5% indicated above) and see what the resulting number is. If that number is lower than the cost of the ethanol fuel, I buy the non-ethanol fuel. If the ethanol fuel is still cheaper, I buy the ethanol fuel.

Over time, you begin to have a pretty good sense for this, so I rarely have to actually calculate which is cheaper. It does seem to vary significantly from station to station 鈥 here in Iowa, stations typically advertise their ethanol fuel prices on their sign but often don鈥檛 mention the non-ethanol price.

Overall, I tend to buy the ethanol-added fuel because it鈥檚 still often cheaper per gallon, even after calculating the reduced efficiency. There are some stations and some times of the year when the non-ethanol gas is low enough that it鈥檚 worthwhile, however. Also, I鈥檝e noticed in other states that the difference in prices makes the non-ethanol fuel a consistent bargain.

It鈥檚 a simple thing, but if you鈥檙e able to figure this out in a few seconds at the pump, you can easily reduce your fuel cost per mile on your vehicle, which can really add up over time.

The post聽聽appeared first on聽.

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