my experience is that the original 405 carburetor when functioning well is more economical than fitting a 504 or a 404 carb.
the whole 405 carb unit must be functioning well for it to offer good fuel consumption. with it i manage 30mpg in city drive and up to 39mpg highway. the 504 and 404 carbs cannot achieve that, the best they can do is a max of 35 mpg given that the engine and the car in general is functioning well.
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