If you are in the fight against foreign oil, GM has recently announced that they will be offering a CNG option for their Silverado HD and GMC Sierra 2500 HD trucks. This is a big announcement as this is the first time GM will be building CNG option vehicles since they stopped in 2004. These trucks that have the CNG fuel option will actually be considered bi-fuel vehicle as they will be able to run on gasoline when CNG is not available. The CNG add-on for these two truck models will be priced $11,000 more than the standard gasoline trucks. While this may sound like a huge expense, let’s go over why this can more than pay for itself in a few short years and give your new truck a life not seen by any other fuel type.
First of all, let’s look at how much a standard Silverado HD goes for, about $40,000 dollars. These trucks are usually 6.0 liter V8 powered monsters that come in long and short bed options. The average price per gallon of CNG is about $1.89 nationwide. This means that in three years you can save up to $10,000 in fuel by using CNG. This means that you CNG option will pay for itself in a little over 3 years. What most people don’t know is that CNG is much cleaner burning that it’s competitor gasoline. Better and cleaner burning fuel means that most CNG cars see engine life of 500,000 to a million miles before they give out. This is significantly longer that that of pure gasoline engines. With this type of perspective, it’s easy to see that the CNG option will pay for itself several times over as you will be able to get much more life out of your new GMC Sierra or Chevy Silverado with the CNG option.
GM will start taking orders for these CNG trucks starting April 19, 2012 and will start delivering them by the end of 2012.
Source: Dual Fuel Autos