By converting to LPG, Australian households can save at least $1,800 a year on fuel that could be put towards the mortgage the Victorian Automobile Chamber of Commerce (VACC), said today.
“An LPG conversion costs, on average, around $3000. If the Government proceeds with its proposed rebate of $1000, the cost to the motorist (on average) will be just $2000.
“Most motorists, doing 20,000 kilometres per year, will pay off most of the cost of the conversion with the savings in the first year.
VACC Executive Director, David Purchase, said he encouraged motorists to do their sums.
“Most Australians keep their cars for at least five years, converting to LPG will free up at least $1800 per year – that’s a massive saving for a family,” he said.
Mr Purchase said four wheel drives, Falcons, Commodores and tradesmans’ or courier vehicles were the most common conversions, but most family cars can be converted by an accredited professional.
On the basis of current fuel prices, a motorist would be saving 90 cents per litre. Assuming an average car’s fuel fill-up of 40 litres occurs once a week, the annual savings would be around $1800.
“These motorists will also be helping the environment as LPG is a cleaner fuel,” he said.
“Motorists converting to LPG are also helping the Australian economy as LPG is produced here, whereas most of our petrol is imported.
“Imports of refined petrol, light oil and diesel are largely responsible for the massive blow-out in Australia’s current account deficit. We urge the Government to act,” Mr Purchase said.
