Just food for thought:
Keep in mind that this is just based on gas being close in price to diesel as it is right now, and fuel efficiency of both engines being within 1-2mpg of each other.
Right now, diesel averages 3.034/gal across the US and midgrade gas is 2.924, difference is about 11.3 cents a gallon when you also factor in DEF use.
Driving 100,000 miles at 16.7mpg from the diesel as above, your cost is $18,621.
Using the 15.5mpg for the Hemi I've seen quoted in another thread, your cost would be $18,864.
You would save $242 every 100,000 miles with the Cummins.
Factor in the cost of the Cummins option, at $9000:
You break even after driving that distance 37 times. Or at 3.7 million miles.
If the Hemi gets 14mpg, you would break even at 400,000 miles.
If the Hemi gets 16mpg, you would actually lose $350 every 100,000 miles.
Plus.... your Cummins isn't going to be just $9,000. If you finance the truck at 4% for 60 months, you'll pay $1,800 in interest on it as well, raising your break even point by about 20%. If instead you pay cash for the truck upfront, then you still have interest loss because your $9k isn't sitting in the bank earning interest, in a CD for example. Current rates are around 2.5%, so you could earn around $1,100 in interest over the same 5 years. Your break even point goes up by about
No other costs differences taken into account here, such as engine periodic maintenance, fuel filters, etc.
I am not offering an opinion on which engine you should own. Just running some math.