Throughout the endless debate of which is better, petrol or diesel, it seems that for the most part, diesel comes out on top. We even admitted in a previous blog post all of the advantages that come with a diesel engine, and while we still think what we said was true, we have found a part of the argument where petrol comes out on top, and that’s with used cars.
Yes, it would seem if you opt for a petrol fed car when you’re buying used, you are choosing the more cost effective option. Petrol cars are of course usually cheaper than their diesel counter-parts, however diesel cars normally use less fuel.
On this basis, it would mean that the greater number of miles you drive, the more likely you are to save money with a diesel. However, diesel is currently more expensive in the UK than petrol is, and because of the ever widening price-gap, it will take diesel drivers much longer to recoup their initial expenditure on the car.
Some new research from second hand car website UsedCarExpert.co.uk has also helped this balance tip in the favour of petrol engines. The analysis suggests that opting for a used petrol car is the more cost effective choice than the equivalent diesel model.
For one, there’s the purchase price of the two vehicles to consider, so to make this point clearer, we’ll take a used Ford Focus of which the petrol version cost £8,000 while the diesel is 10% more expensive at £8,854. So what the prospective used car buyer needs to consider is how long it would take to make up that £854 difference – which, when it comes down to it, is based on the amount of miles the driver does each year.
On average, the UK driver will travel around 8,000 miles per year. So, for the petrol Ford doing 48mpg, the fuel bill would come out roughly to just over £1000 in the first year , compared with £790 for the more efficient 64mpg diesel.
Taking into account that the diesel car’s annual tax vehicle tax would be £100 cheaper due to its lower carbon emissions, this means it costs a total of £325 less to run than the petrol model, however in the long run, that saving doesn’t offset against the higher price tag.
Basically this means that, after two years, the petrol driver who’s paying more for their fuel is actually £204 up against the more efficient diesel model.
So if you’re buying a used car, it might be more cost effective to go with a petrol vehicle.
Whichever model you ultimately end up buying, make sure you’re putting the right fuel in it every time otherwise you can cause some monumental damage to your car. Of course, if you do end up putting the wrong fuel in, we’re here to help! Whether you’ve put petrol in a diesel car or vice-versa, contact our team on 0800 634 9827 so that we can get it sorted as soon as possible.