Hi my name is Kris and I am looking to do a lot of investing in a cng conversion in a short period of time and was looking for an outside opinion on my plans. I have a construction company and gas prices are eating up my profits. I have a 2006 ford f150 and a 98 chevy eco-line 1500 that just recently got a rebuilt engine. I have found a cng conversion kit from a canadian company that costs around 2600 for the universal one. I am in the process of getting a fuelmaker fmq2-36 for about 5000. Also i need two pretty big tanks which I am hoping to pick up for around 3000. This makes my total investment about 13,000.
This is mainly for monetary savings so basically at 18,000 miles a year at 12.5 mpg I am looking at least two full years with no problems before I am close to breaking even on my investment. I am hoping that I can get 5 years with little additional investment out of this conversion. Is this possible or am I kidding myself? My one concern is for my fairly new truck. I hope that this conversion is suitable for this vehicle and won't somehow break because it is not compatible. Also I was wondering if I do the conversion myself with my mechanic buddy if I am eligible to get some kind of tax credit or not.
Any words of wisdom would be greatly appreciated. Thanks
This is mainly for monetary savings so basically at 18,000 miles a year at 12.5 mpg I am looking at least two full years with no problems before I am close to breaking even on my investment. I am hoping that I can get 5 years with little additional investment out of this conversion. Is this possible or am I kidding myself? My one concern is for my fairly new truck. I hope that this conversion is suitable for this vehicle and won't somehow break because it is not compatible. Also I was wondering if I do the conversion myself with my mechanic buddy if I am eligible to get some kind of tax credit or not.
Any words of wisdom would be greatly appreciated. Thanks
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