Well, 90% of the cars here have aftermarket gears, and most do not have properly calibrated speedos. By that, I mean that even with speedo recal gears, there is still error woth the shorter gears. Plus, you have non stock tires of sometimes non-oem diameter. Anything more than 3.55s on a 1990+ only has a gear that gets you "in the ballpark" on the 87-89, it's anything about 3.73. Those damn 23-tooth gears are not very accurate and off by a few MPH.
So take that into account, plus the fact that MPG is sometimes exaggerated and you get numbers all over the place.
I've seen numbers quoted in the low 30's before.....woth 4.10 gears and a supercharger. I find it funny that with such a emphasis on fuel economy these days, that 20 year old modified 5.0s get better fuel economy than a brand new technology 5.0....especially considering Fprd has a Huge CAFE goal looming ahead in the years to come. Honestly, I just don't think its possibly to accurate calculate the MPG. Hell, half the time I ride in someone elses 5.0, the speedo doesn't even work...the other times, it's pointed to 110mph at 55mph because the speedo gear was never even changed out.
I don't even trust my own mileage calculations done on my daily driver which even has a MPG computer. Never once have the numbers agreed. I usually take most claims with a grain of salt.
Just saying.
Fwiw: The mileage I quoted was from a speedo 10% fast.
It consistently shows 21 mpg in town, but we take 10% off, making it 19.
The speedo has been checked with radar and GPS... 10% off.