We all want to own our own car, but for many it’s becoming more and more difficult.
Automotive data experts, cap hpi, have been analysing petrol and diesel cars to see how they match up in terms of the total cost of ownership.
You might be thinking that there’s an obvious outcome to this. But, once all the servicing, fuel and other motoring costs are considered, it’s actually quite a close race.
Philip Nothard, cap hpi Consumer and Retail Editor, comments, “When it comes to the pinpointing the leading cars with the lowest total cost of ownership for the first three years from new and 10,000 miles per annum, our research shows that across the majority of vehicle sectors petrol has a slight edge.
“However, our data shows it can often be swings and roundabouts as some vehicles, particularly diesels, offer competitive ownership costs in terms of service and maintenance, whilst others offer more economical monthly running costs or fuel costs. For the majority of motorists it’s about figuring out what the most important feature is for them as individual vehicle owners.”
The cap hpi shortlist is based on models that have the lowest motoring costs over the first three years. Here are their findings on the cheapest petrol and diesel cars to run:
NB: The Diesel may be slightly more to run, but beats the petrol hatchback in fuel costs (£3,217.10 petrol v £2,109.20 diesel) as well as service and maintenance (£801 petrol v £785 diesel).
Looking to swap your money-guzzling car with one from the shortlist? Get a quote from 1ST CENTRAL today