Best case scenario:
454 gets 7.5mpg
diesel gets 15mpg
gas @ 3.25 diesel @ 4.00
driving 5000mi/yr would save me $4200/over 5 years
Realistically:
454 getting 6.5
diesel getting 12
same price for fuel
driving 2500mi/yr would save me 2500/5yrs.
Dave here are some real world numbers I got from your truck.
Worst tank towing 5.5. That was on the way home and I was in a hurry so FAR out of the most economical range of that 454.
Best tank towing 10, I think we had found a loose plug wire and put it back on.
Best tank I got freeway driving. 10
I think with a new motor you can count on 10 mpg unloaded and the right trans I think you can count on 8 to 9 towing.
I realize the aerodynamics are way better on a newer truck but towing back from Cali with about 5k lbs we got 14 mpg in my buddys 454 truck wtih a TBI and a 4l80, dead stock truck.
Now I know for a fact that a buddy of mine with a cummins conversion (p pump turned up a bit with other cheap mods done to it) in his 78 4x4 crew cab SRW truck ( lifted , 37s) turbo 400 with a gear vendors, he gets 19 driving around, has seen as high as 22 when he is babying it.
Towing a big 5th wheel camper with his blazer on a trailer behind it ( so 2 trailers) he gets 12, and thats at 70 mph.
I calculated the numbers from you truck using a GPS for miles. As does my buddy for his truck, and those are his numbers after a couple years.
In my mind the d max swap with the allison would be the sweetest thing I have seen in a long time.
The cummins makes more sense to me though
Buddy bought his cummins with 250k on it. He has had it now for 5 years. Its his daily driver