electric – so let’s look at the numbers over 12 months. Mike Rutherford thinks now is the perfect time to re-evaluate your modes of transport, More than half of UK children want their parents to make the switch to an electrified car, Global Action Plan and FIA Foundation claim 59 per cent of two-car families could run an electric car without any hindrance, Editor-in-chief Steve Fowler thinks a fully-electric driving experience will surprise some car enthusiasts. Volkswagen e-Golf. However the price is still very expensive in comparison to electricity and thus makes up the majority of the cost of running a petrol or diesel vehicle. So how much will driving two miles to the supermarket actually cost you? In the diesel, it’ll be £58.50. Cost of running an electric car vs a petrol car Figures based on three years of ownership, and covering 12,000 miles annually Source: Thatcham Research, KeeResources & manufacturer data. Running costs: Electric vs diesel vs petrol The cost to charge an electric car should be considerably less than to fill up a car with an internal combustion engine, simply because electricity is cheaper than petrol or diesel. You can change your cookie preferences or learn more about the cookies we use. In the National Travel Survey 2017, the average annual mileage for cars in the UK was estimated to be 7,800 miles. benchmark for fuel costs across petrol, diesel and electric? According to research by Cover 7,800 miles a year in the petrol Golf, and you can expect to part with £1,092.00 for the privilege. We are only able to offer finance products from these providers. Factor in average fuel costs alone and the typical UK driver could save £1,200 a year. travel 225 miles to their destination. And don’t Choose a petrol Golf, and the So let’s look at the cost of that average commute for each vehicle. On the face of it, the savings aren’t huge, but over repeated journeys this quickly adds up. Currently, hybrid and electric pricing starts higher than petrol or diesel because of the battery – the complexity of production and materials used. will cost 39p. models with similar performance – the key stats are summarised in the table below: Please note: The price per unit of fuel is based on UK average at the time of writing; any significant changes in fuel price will have a direct impact on cost per mile, and overall journey cost. Prices are based on the current average prices for: Diesel £1.2487 /litre Petrol £1.2216 /litre Electric £0.1386 /kWh Results including the congestion charge assume that the congestion charge is paid 230 days per year at the Auto Pay rate of £10.50 That’s a saving of well directions every working day, that’s 18.64 miles every day for 232 days (52 only make once a year, but a round trip of 450 miles is a fairly substantial four hundred pounds every year simply by switching to electric. Less moving parts, equals less maintenance related costs in the long run. The mileage and frequency should reflect the period you typically use to monitor the fuel useage - a typical driver will travel 10,000 miles in a year. Volkswagen Golf SV. Or see our electric cars available to buy right now! The data - which comes from Direct Line Group and is based on a comparison of five electric car models and their petrol equivalents available to buy new in 2020 - also shows annual Vehicle Excise Duty, MoT and servicing costs are 49 per cent lower on average for EVs than they are for the similar petrol models. You can now compare running costs for electric and petrol cars. Even including the sometimes high initial purchase cost of electric models, they are more cost effective than their petrol equivalents over the long term, but the difference isn’t huge. distance, and any opportunity to shave a bit off the cost is one worth making vehicles, and electric vehicles (EVs) have fewer fluids to change, and far List Price: £74, 425.00: £37, 740.00 The general construction of EVs differs from traditional cars and typically materials, parts and repairs are more complex and costly. In 2020, the average lifetime running costs - including purchase price - for an electric car is £52,133, while an equivalent petrol model is £53,625. The electric version of the Volkswagen Golf costs £424 in servicing over three years, compared to £1,245 for the petrol version, according to greencarguide.co.uk. On that basis, commuting in the You’ll pay £9.99 per kilo of hydrogen, so a 4.7kg fill-up costs about £47. By accepting you are agreeing to our recommended use of these cookies. “We expect prices to come down in future, thanks partly to the Government’s commitment to making greener vehicles more accessible, but also to advances in technology ensuring that purchasing, refuelling, maintaining and insuring an electric car becomes easier, cheaper and better for the environment.”. Under those circumstances, the petrol Golf would cost £87.36 across a full year, and the diesel Golf £81.12 a year, while trips in the electric Golf would cost just £23.09. While electric cars are around £8,000 more expensive than a diesel or petrol one, the government offers a £5,000 grant towards the cost of the car, and will help to … Your call will automatically be diverted to a member of the team, who will be happy to assist with your enquiry. The average price in the UK is now around £1.14 for petrol and £1.20 for diesel although this varies between fuel stations. Disclosure JCT600 Limited is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486) and which is permitted to advise on and arrange general insurance contracts. PROS. The Journey Cost Calculator can be used to compare the costs of driving an electric vehicle on your typical journey with that of driving a petrol or diesel car. This sites uses cookies to ensure you have the best online experience. We're open by appointment only. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. Miles Driven. Electric cars are already cheaper to own and run, says study This article is more than 1 year old Petrol and diesel vehicles cost more over four years in UK and four other European nations Audi A3 Sportback 1.2 TFSI SE. 413250. Calculate the cost of a journey here to … Electric cars are already cheaper to own and run than petrol or diesel cars in the UK, US and Japan, new research shows. Electric car ownership is set to soar across the UK as there is a push away from petrol and diesel vehicles. A more useful Mirai gauge involves measuring the fuel cost per mile and comparing it with, say, a 40mpg petrol car. … Official Authorised Centres for 25 Manufacturers, Trusted by the world's best manufacturers for over 70 years. Servicing costs are also lower than a petrol car… Compared with the 1.2 petrol A3 Sportback, the Nissan Leaf is £2590 more expensive to buy and takes a around 37,625 miles to break even or 1373 days. You can now compare running costs for electric and petrol cars. working weeks of five days, less the UK statutory entitlement of 28 holiday Registered Address Tordoff House, Apperley Bridge, Bradford, West Yorkshire, BD10 0PQ - Company No. If you just want the simple when you factor in maintenance costs, electric starts looking like an even more All that’s left for you to do now is decide which electric car suits you and your lifestyle best! However, running costs can work out considerably lower for hybrid and electric cars. For annual miles driven, we went with 15,000—the de facto average mileage stat for … As you can see, the cost of running an electric car is far cheaper than a petrol car – and cheaper still than a diesel car. In 2018, the Volkswagen Golf was the second-best-selling car of the year, and the Golf has cemented its place as a firm favourite in the hatchback segment with motorists of all ages. round trip will cost £63 on the nose. Golf a penny over £160. Besides the obvious green benefits of electric vehicles, the cost savings in comparison to equivalent petrol or diesel cars is significant. Opening hours may vary regionally. how do the running costs stack up? Calls may be recorded for training purposes. Please contact your preferred branch to confirm an appointment. Recharging an EV is 58 per cent cheaper than refuelling a petrol car, but one area where petrols do tend to be cheaper, though, are insurance costs, with electric cars 25 per cent more expensive to get insurance cover on. When it comes to depreciation, electric cars hold their value twice as well as petrol cars, only losing 12 per cent of their value per year compared to 24 per cent for the petrol cars. In the diesel Golf, the cost will be £1,014.00. Assuming you commute in both The verdict — electric car running costs vs petrol . Gerry McGovern’s new role is helping to define JLR brands, not just the look, while encouraging designers to think big and dream... Every month we perform a series of car group tests - these were the best ones of 2020. Well, jump in the petrol Golf, Fuel costs: According to research from the Direct Line Group, the average fuel costs of a petrol car are £824 per year, while an electric car will only cost £343 in fuel/charging over a 12-month span. days each year). However, petrol-hybrids deliver a vastly superior fuel economy around town, which has greatly improved the combined (average) figure. If you take the purchase price out of the equation, annual running costs - including refuelling/recharging, insurance, road tax, MoTs and servicing - work out at £1,742 per year for an electric car, 21 per cent less than the £2,205 you’d pay for an equivalent petrol model. same journey in the e-Golf will set you back just 34p, however. Petrol, Diesel, Hybrid or Electric: Which is Right for Me? In the battle of electric vs petrol vs diesel, we’ve calculated the exact cost of three different journeys, with help from the incredibly useful Journey Cost Calculator on ZapMap. Travelling 9.32 miles in the Copyright © Dennis Publishing Limited 2020. Charging Infrastructure for the Hyundai IONIQ. Jaguar I-PACE. All rights reserved.Auto Express™ is a registered trade mark. If you visit the supermarket twice a week, and drive there and back, the picture becomes a bit more convincing. With a massive saving of over £800 for choosing electric over petrol, it’s almost a no-brainer. It might be a journey that you At the moment, the amount of petrol vehicles available massively outweigh the pure electric options – meaning you have much more choice and you are more likely to select the car that suits your style of driving in petrol form than electric. Click here for more info. Consider that EVs have 1/3 of the moving parts compared to traditional gasoline vehicles. Approximate miles: 185 (standard range model) Cost: £22,000. This makes the overall insurable risk less competitive than many traditional, ICE options.”. Our analysis also shows that with the ban on new non-electric cars set to come into force in less than 15 years’ time, Britons could already be saving money by switching from a traditional petrol or diesel car to an equivalent electric model. Choose the e-Golf, however, and the journey costs just 11p. petrol Golf costs you £1.30, while the cost in the diesel Golf is £1.21. “There’s movement towards greater collaboration between vehicle manufacturers with a view to reducing the cost of EV development and production. Lower lifetime cost than petrol because of lower depreciation; Engines last longer and tolerate much higher mileages than petrol; More efficient (by around 25% compared to petrol) so fuel costs are less, providing pump prices stay close. Electric vs Petrol and Diesel Cars . Neil Ingram, head of motor product at Direct Line, added: “It is an exciting time for electric vehicles, with a record number of these licenced cars on Britain’s roads last year. The Car Running Costs Comparison tool also provides a quick and easy way to view CO2, MPG and VED data, as well as fuel costs, for all new cars. The future of Jaguar Land Rover: JLR design boss reveals all, Head-to-head: the best car group tests of 2020, Cat S and N cars: new insurance write-off categories. However, a petrol car would cost around £10 or 10p per mile if fuel cost £1.24 per litre and we assume the UK’s average new car fuel consumption in 2018 was 50.5 miles-per-gallon for petrol cars. Doing the same with a petrol-powered model would cost £53,625. Electric cars are cheaper to own over their whole lifetime according to new research. BMW 1 Series. New Cat S and Cat N insurance write-off classifications have replaced the old Cat C and Cat D groups; we explain all. Choose the electric e-Golf, though, and the cost tumbles to £288.60 – a saving of £803.40 over the petrol model, and £725.40 over the diesel. To use the tool, select an electric vehicle from our list of new or used plug-in vehicles and select a petrol or diesel car that you would like to compare the EV with. Electric cars are quickly Such is the variety in the Golf range now, that Volkswagen actually produce a version with each of the three primary fuel types – petrol, diesel, and electric. Purchase costs are also lower for the majority of petrol models compared to similar EVs. Using the fuel cost calculator. The average total cost of buying a new electric car in 2020 and driving it for just under 14 years - the average lifespan of a car - has been calculated as £52,133. The answer… electric cars are much cheaper to run based on fuel costs alone. According to the Office for National Statistics, the average commute in the UK is 9.32 miles in one direction. Our core opening hours are listed below, but please visit our dealership directory to find the opening hours and contact number of your local branch. Anca Young, insight and intelligence manager at Thatcham Research, commented: “Although the cost of lithium-ion batteries used in EVs is reducing, they remain more expensive than conventional internal combustion engine (ICE) powertrains and are therefore generally more expensive to purchase. Do you think an electric car would be cheaper for you? An electric or hybrid vehicle is a better choice than a petrol or diesel car for 34m Britons based on how far and often they drive, fuel calculator claims Fuel … attractive option – brake systems tend to last longer than on conventional Nissan Leaf comparison Initial extra cost £2590 Annual saving £688 Miles to break even 37,625 miles Days to break even 1373 days. We’ve chosen three ‘Your car may not be the most efficient tool for your new, lower-mileage life’, Pester power from kids pushes parents towards electric cars, Government should place 15% EV quota on car manufacturers, campaigners say, 'If you like driving as we do, you’ll love driving an electric car'. The ongoing running costs of a battery electric vehicle (EV) are generally lower than an internal combustion engine (ICE) vehicle as they have fewer moving parts and require less servicing, but the purchase price of EVs remains significantly higher than a petrol or diesel equivalent. Electric cars are quickly becoming an appealing alternative to traditional fossil fuel-powered vehicles, but how do the running costs stack up? BMW i3. The lower cost is a key factor driving the rapid rise in electric car … If you’re thinking of investing in an ultra low-emission vehicle, surveying the options can appear to be a bit of a minefield.Here, we take a look at the two most common plug-in options – plug-in hybrids, which can run on electricity but also have a petrol or diesel engine, and pure electric vehicles, which run on electricity alone – to see which option might work best for you. i3 cost includes government grant petrol Golf costs £605.43 a year, the diesel Golf £562.18, and the electric So what better car to use as a That makes the average EV 58% cheaper than the average petrol car. Add to this that electric cars are virtually maintenance-free, and you can see why they are becoming so popular these days! There are variables though, such as which electricity supplier you use. Switching to an electric vehicle will save you money on fuel costs, but there are other maintenance related savings too. Holidaycottages.co.uk, Brits going on a staycation are, on average, prepared to becoming an appealing alternative to traditional fossil fuel-powered vehicles, but Insurance experts say electric cars can attract higher premiums – but they are coming down VW ID.3 Standard range concept. While electric cars represent a very narrow market percentage currently, sales of … and your dash to the supermarket will set you back 42p, while the diesel Golf If you have a cheaper fixed tariff, then it's likely the cost to fill up your electric car will be cheaper still. Go for over £40 – enough for a meal out with your partner, for example. the most of. That’s a saving of around £60 over the traditional fuel cars. Petrol is a dangerous substance to store and handle; Diesel. The cost of charging up an electric car from a domestic supply is relatively low - say between one and two pence per mile. Diesel might cost more per litre at the pump, but currently a diesel car's fuel costs will be cheaper than the equivalent petrol car. the electric Golf, though, and it’ll be just £16.65. And For more information on electric cars… JCT600 Limited is authorised and regulated by the Financial Conduct Authority for consumer credit activity and our registration number is 660796. Jaguar F-PACE. In the battle of electric vs petrol vs diesel, we’ve calculated the exact cost of three different journeys, with help from the incredibly useful Journey Cost … The average total cost of buying a new electric car in 2020 and driving it for just under 14 years - the average lifespan of a car - has been calculated as £52,133. On the strength of the examples forget, that’s just one journey in one direction. above, there are clearly significant savings to be made by switching to A survey carried out by Banner Homes suggested that the perfect distance between a house and the supermarket is two miles. How to Increase Electric Car Range: Get the Maximum Miles from your EV, According to the Office for National Statistics, which electric car suits you and your lifestyle best, JCT600 Kids’ Activity Pack | Christmas Edition, JCT600 reviews… the Mercedes-Benz A250e, Home Delivery and Order & Collect at JCT600, Automotive Web Site by Bluesky Interactive. Example vehicle cost comparison figures based on annual mileage of 10,000 miles. While Mr. Burns still has to drive to the petrol … That’s a huge saving of more than But interestingly, when comparing the running costs of a diesel or petrol car, you’ll find less of a difference. In each case, the lower cost of making journeys in the electric Golf is plain to see. For example, when you compare the Volkswagen Golfto its e-Golf sibling, the standard Golf is £9,000 cheaper t… After having made your vehicle selection, there is an option to enter the mileage, frequency and MPG type. fewer moving parts. 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Besides the obvious green benefits of electric vehicles, but over repeated journeys quickly. Electric vehicles, the cost of charging up an electric car would be cheaper still the obvious green benefits electric... And your lifestyle best Authority for consumer credit activity and our registration number is.. Go for the electric Golf, though, such as which electricity supplier you use providers... The same with a petrol-powered model would cost £53,625 you money on fuel across. Quickly becoming an appealing alternative to traditional gasoline vehicles of … Using fuel... Travel survey 2017, the average petrol car as which electricity supplier you use for a meal out with enquiry... But there are variables though, such as which electricity supplier you use is decide which car. 1373 days but interestingly, when comparing the running costs can work out considerably lower for the majority of models... Diesel and electric EVs have 1/3 of the team, who will be £1,014.00 it 's likely the to. 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