Lubricants: Cost Versus Price

Weblog - Lubrication

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Here is a Cost-Versus-Price lube example:

Always remember to analyze cost vs price when purchasing lubricants.  The price is on the product when you buy it, but the cost is the price distributed over time (miles).

  • Price: Product A price is $3.00 per quart and Product B price is $9.00 per quart. The price of Product B is three times the price of Product A.
  • Cost: Product B is rated for 15,000 miles and Product A is rated for 4,500 miles. So, the cost of Product B over 15,000 miles is $9.00 per quart while the cost of Product A is slightly higher at $10.00 per quart over a 15,000-mile period.

The important thing to take away from this example is that even though the price of Product A is significantly higher per quart ($9 vs $3), the cost of Product A is actaully lower over 15,000 miles because Product A will only have to be changed once in 15,000 miles while Product B will need to be changed more than three times in the same 15,000 miles. A dollar per quart may not seem like much but my comparison only accounts for the oil costs and not the additional labor necessary to change the oil more than three times for Product B instead of just once for Product A. When you factor in that labor, the cost savings of Product B becomes significant.

This is a simple principle but a critical thought process for smart buying.

This note is the beginning of a running commentary on items of interest in all aspects of lubrication, filtration, fuel additives, and automotive care and upkeep.  If anyone has a comment or question on my post here you will be able to pick up that question in the Forums as an existing thread or start a new one to solicit my response.  In the Forums you will also be able to see opinions or comments by other readers.  In this blog area I will simply post informative info or make comments on automotive / lubrication topics.

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January 26, 2013
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January 26, 2013
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