Automotive Experiences
Vol 2 No 2 (2019)

Converting Vehicle to LPG/Vigas: A Simple Calculator to Assess Project Feasibility

Eko Muh Widodo (Universitas Muhammadiyah Magelang, Indonesia)
Muhammad Imron Rosyidi (Universitas Muhammadiyah Magelang, Indonesia)
Tuessi Ari Purnomo (Universitas Muhammadiyah Magelang, Indonesia)
Muji Setiyo (Universitas Muhammadiyah Magelang, Indonesia)

Article Info

Publish Date
05 Aug 2019

Abstract

One of the reasons for the slow conversion program from gasoline to LPG/Vigas is the uncertainty of profit or loss. Therefore, this article presents a simple calculator to assess the feasibility of investing in vehicle conversion, from gasoline to LPG/Vigas. Input parameters include estimated annual mileage, fuel consumption, gasoline prices, LPG / Vigas prices, the cost of the converter kit and its installation, engine standardization costs, maintenance costs with gasoline, and maintenance costs with LPG considered to produce output parameters that include Break Even Point (BEP), Payback period (PP), Net Present Value (NPV), and Internal Rate of Return (IRR).

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Journal Info
Automotive Experiences
Website

Abbrev

AutomotiveExperiences

Publisher

Universitas Muhammadiyah Magelang

Subject

Aerospace Engineering Automotive Engineering Chemical Engineering, Chemistry & Bioengineering Control & Systems Engineering Electrical & Electronics Engineering Energy Materials Science & Nanotechnology Mechanical Engineering

Description

Automotive experiences invite researchers to contribute ideas on the main scope of Emerging automotive technology and environmental issues; Efficiency (fuel, thermal and mechanical); Vehicle safety and driving comfort; Automotive industry and supporting materials; Vehicle maintenance and technical ...