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Switching the car to CNG: after the increase in gas, how much is saved and when the investment is recovered

2021-08-26T09:43:27.078Z


In recent months, m3 became more expensive and gasoline remained. But the conversion is now paid in 24 installments. The new equation.


Martin Grosz

08/26/2021 6:01 AM

  • Clarín.com

  • Services

Updated 08/26/2021 6:01 AM

Naphtha had started the year with a pure increase and the

need for savings

translated into a peak in vehicle conversions to Compressed Natural Gas (CNG).

Since May, however, the price of a liter of naphtha has been "frozen", while that of a cubic meter

(m3) has risen sharply

.

So the question arises: is it still wise to invest in installing a gas tank in the car?

In the CNG sector, they do not hesitate to answer

yes

: that with the

new equation

, those who start using this alternative fuel continue to achieve

great savings

when driving, capable of

quickly recovering 

what they paid to adapt the car.

What are they based on?

In the first place, in that despite recent increases (

20 to 30%

in May and 5% in August),

1 m3

of CNG still costs 

60% less

than 1 liter of super gasoline, and yields almost

14% more

(allows travel more kilometers).

Second, they argue, the equipment has just become 

more accessible

, since from this month people can finance them with a credit card in

24 fixed installments

of the new official Now 24 plan. Installments that will be paid in

September 2023

.

Before, the maximum was 18 payments.

From this month the conversion of the car to CNG can be paid in up to 24 installments.

Photo: David Fernández / Archive.

"It is true that CNG increased, but the equation

is still good

and conversions

did not decrease

. July was a very good month and August is closing with almost equal levels of activity,"

Horacio Magrath, president of the Argentine Chamber of Commerce

, told

Clarín.

Producers of Complete Gas Equipment (CAPEC).

"This is not an opinion, it is

mathematical

. People do the

math

, they see that they can easily save

$ 5 per kilometer

 and that the same

savings pays them the

team

fees

. If you use the car every day, no doubt about it." added.

In July, according to data from the National Gas Regulatory Agency (Enargas), 11,648 installations were registered throughout the country,

46% more

 than in the same month last year.

This equates to a rate of 375 conversions per day or

1 every 4 minutes

.


Although the CNG increased, they affirm that it still allows significant savings compared to the use of gasoline.

Photo: Guillermo Rodríguez Adami / Archive.

The costs of circulating with gasoline and CNG, face to face

The price of

m3

of CNG can vary a lot depending on the neighborhood, the chosen service station and even the

schedule

 (since some points of sale lower their values ​​at night).

In addition, charging gas is usually cheaper in Capital than in the GBA and the Interior.

In the City of Buenos Aires, after the recent increases, CNG can be loaded paying

almost $ 40

 per m3 in some pumps, although in others it can still be obtained at

$ 34

.

Most are

around $ 37

, according to

Clarín

.

Super

gasoline

, meanwhile, has already been at

$ 90.40

per liter for

a quarter at 

YPF's service stations in Buenos Aires;

and the premium, at

$ 104.80

.

Thus, 1 m3 of CNG now costs 

59% less

than 1 liter of YPF super and almost

65% less

 than 1 liter of premium.


Taking into account the greater performance of the m3, it can be calculated that for a

large car

, which consumes 10 liters of supercharger per 100 kilometers, running on gas generates a

saving

of

$ 5.77 per kilometer

.


In this way, for example, for those who usually load

150 liters per month

(three tanks), in Capital, the cost of fuel can fall from $ 13,600 to less than $ 4,900.

About

$ 8,700 in savings

per month.

Likewise, with current prices, the

projected annual savings

amount to

$ 86,550

if

15 thousand kilometers

 (or

41 km per day

)

are traveled 

;

it is $ 122,400 doing double the distance;

and reaches

$ 183,400

with 30 thousand kilometers.

How much does a conversion to CNG cost today: prices and quota amounts

The last part of the analysis is to compare

these 

possible savings

with the

investment necessary

to obtain them, to determine how quickly it could be recovered.

In the CAPEC they indicate that the conversion of a vehicle demand -Practice a few hours- is currently costing on

average

about

$ 80,000

, including full equipment and manpower installation.

According to Magrath, choosing a

60-liter 

tank

costs around $ 85,000 to switch to CNG.

And with a 40-liter tank, with less autonomy, about 

$ 77 thousand

.

Thus, if current fuel prices are maintained, those who do

15 thousand kilometers

per year and super load would take

less than a year

to recover the invested.

And who does 30 thousand km per year, less than a semester.

But in addition, the conversion can be

paid in

fixed

installments

of the Now 12, Now 18 and Now 24 plans. A 40-liter team, thus, can be obtained in 12 payments of $ 7,600, in 18 payments of $ 5,400 or in

24 payments of $ 4,400

.

"Already doing 900 kilometers per month -30 km per day-, which is something that anyone who uses the car daily to go to work reaches, the 

savings exceed the quota

", Magrath closes.

Whoever travels 15 thousand kilometers per year recovers the cost of the conversion in less than 12 months.

Photo: Guillermo Rodríguez Adami.

What to know before taking the plunge: pros and cons of CNG

CNG is mainly sought to save money, but it has other advantages.

It stands out for being a

cleaner technology

.

And despite what many still think, the manufacturers claim that it

does not damage the engine

 and offers a driving experience very similar to that of gasoline.

As main points against, yes, you will have to resign yourself to

losing space in the trunk

(where the tank is installed), and to go through the service station up to three times more often, due to the

less autonomy

.

As a reference, it is taken that an economical

40-liter

CNG tank

has an autonomy similar to that of

10 liters of gasoline

.

And a team with a

60-liter

capacity needs to be recharged after going through what

15 liters

of gasoline

yield

.

The tank can take up a third of the space of a large trunk or half of a small one.

Photo: Guillermo Rodríguez Adami.

On the other hand, these recharges will have to be done in a

smaller network of stations

: there are now around

2,031

throughout the country.

And

once a year

the converted car must be taken to a workshop for a

mandatory service

.

Both the installation of the CNG equipment and its annual reviews must only be done in the

workshops authorized

by Enargas, which can be consulted on this official site.

In the country, which had

its

first

CNG service

station

in 1984

, there are

currently 1,735,778

vehicles authorized to load this fuel, of which 50% (877,074) are in the Capital and Province of Buenos Aires, 16% in Córdoba and another 7% in Mendoza.

MG

Look also

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Hauling back: what to do if the car was towed away and how to claim if it was damaged

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Source: clarin

All news articles on 2021-08-26

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