5w20 Is a Honda Invention
Hello all, I had the same question when my wife got a 2003 Taurus, so I did some research.
Discovered that the 5w20 oil had its first 'paper' published in San Francisco at a SAE Forum (Society of Automotive Engineers) The study, done in Japan, for Honda and Toyota showed a 3%, on average, highway mileage improvement. About one half a mpg better for most engines.
Important note: the basis of the study was how to improve mileage, not how to make the engine last longer. So the trade off was very evident in the study: Sacrifice engine life to an acceptable degree to improve mileage. Read it for yourself.
The study focused on additional wear caused by the lighter oil and how it related to the increased mileage. The study showed the need for better main bearing alloys for the 5w20 to be successful.
The study is SAE number 982505 and is available for download for $12. I got to see it for free at the local engineering college where it is on microfiche.
From what I read it does improve mileage, you need the special alloy in your bearings, and if the temperature of the engine gets too high expect failure. In short, if everything in the cooling system is functioning at peak efficiency you will be OK. If not, for example, when the car gets a little older, it is really hot outside, or there is some radiator age--watch out.
Personally, as an enginner, and a SAE member who has now reviewed the data tables, I would go with 5w30 full synthetic oil. The 5 weight helps your engine at cold start up. If you can afford it and can actually find it for sale then go with the 0w30 full synthetic. For those who will race on a track, or drive in outside temps above 110F, then by all means bump up to the 40 weight. Mobil One has an excellent 0w40--this is the premier proctection for those who need it.
How to cut down on cost: I change my full synthetic oil twice a year, once in the spring in April and once in the Fall in October. Unless you put on a lot of miles, synsthetic only needs to be changed about twice a year.
PS, for those of you long term fans, I was the one with the terminal cancer, I had to sell the GT back to Bob Allen Ford, got a solid Ford 500 for the wife to ride off in the sunset in. And yes, it really hurt to turn in the keys.
That's my two cents worth , hope it helps a lot of Mustangs to a long engine life
