cost of running electric car vs petrol uk

Registered Address Tordoff House, Apperley Bridge, Bradford, West Yorkshire, BD10 0PQ - Company No. Electric cars are quickly If you visit the supermarket twice a week, and drive there and back, the picture becomes a bit more convincing. And distance, and any opportunity to shave a bit off the cost is one worth making 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. 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. In the National Travel Survey 2017, the average annual mileage for cars in the UK was estimated to be 7,800 miles. attractive option – brake systems tend to last longer than on conventional 413250. 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. The cost of charging up an electric car from a domestic supply is relatively low - say between one and two pence per mile. For example, when you compare the Volkswagen Golfto its e-Golf sibling, the standard Golf is £9,000 cheaper t… Travelling 9.32 miles in the Doing the same with a petrol-powered model would cost £53,625. Nissan Leaf comparison Initial extra cost £2590 Annual saving £688 Miles to break even 37,625 miles Days to break even 1373 days. Calls may be recorded for training purposes. the most of. Golf a penny over £160. 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. and your dash to the supermarket will set you back 42p, while the diesel Golf Holidaycottages.co.uk, Brits going on a staycation are, on average, prepared to 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. It might be a journey that you You can now compare running costs for electric and petrol cars. Jaguar F-PACE. 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 … 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. directions every working day, that’s 18.64 miles every day for 232 days (52 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. This makes the overall insurable risk less competitive than many traditional, ICE options.”. After having made your vehicle selection, there is an option to enter the mileage, frequency and MPG type. According to research by In the diesel, it’ll be £58.50. Electric cars are already cheaper to own and run than petrol or diesel cars in the UK, US and Japan, new research shows. All rights reserved.Auto Express™ is a registered trade mark. 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. You’ll pay £9.99 per kilo of hydrogen, so a 4.7kg fill-up costs about £47. 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. So let’s look at the cost of that average commute for each vehicle. That’s a huge saving of more than Insurance experts say electric cars can attract higher premiums – but they are coming down 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. Jaguar I-PACE. 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. This sites uses cookies to ensure you have the best online experience. ‘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 Audi A3 Sportback 1.2 TFSI SE. fewer moving parts. While electric cars represent a very narrow market percentage currently, sales of … Or see our electric cars available to buy right now! Electric cars are quickly becoming an appealing alternative to traditional fossil fuel-powered vehicles, but how do the running costs stack up? We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. 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. Do you think an electric car would be cheaper for you? how do the running costs stack up? 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 Click here for more info. Miles Driven. That’s a saving of well when you factor in maintenance costs, electric starts looking like an even more Less moving parts, equals less maintenance related costs in the long run. Electric car ownership is set to soar across the UK as there is a push away from petrol and diesel vehicles. 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. 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. only make once a year, but a round trip of 450 miles is a fairly substantial Add to this that electric cars are virtually maintenance-free, and you can see why they are becoming so popular these days! 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. Go for 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 over £40 – enough for a meal out with your partner, for example. Assuming you commute in both You can change your cookie preferences or learn more about the cookies we use. We're open by appointment only. For more information on electric cars… New Cat S and Cat N insurance write-off classifications have replaced the old Cat C and Cat D groups; we explain all. four hundred pounds every year simply by switching to electric. Electric vs Petrol and Diesel Cars . Choose the e-Golf, however, and the journey costs just 11p. benchmark for fuel costs across petrol, diesel and electric? By accepting you are agreeing to our recommended use of these cookies. 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. Calculate the cost of a journey here to … 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. 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. Factor in average fuel costs alone and the typical UK driver could save £1,200 a year. So how much will driving two miles to the supermarket actually cost you? In each case, the lower cost of making journeys in the electric Golf is plain to see. working weeks of five days, less the UK statutory entitlement of 28 holiday The verdict — electric car running costs vs petrol . With a massive saving of over £800 for choosing electric over petrol, it’s almost a no-brainer. Opening hours may vary regionally. round trip will cost £63 on the nose. 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. 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. 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. 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 … Official Authorised Centres for 25 Manufacturers, Trusted by the world's best manufacturers for over 70 years. However, running costs can work out considerably lower for hybrid and electric cars. Purchase costs are also lower for the majority of petrol models compared to similar EVs. Volkswagen e-Golf. 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. 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. We’ve chosen three So what better car to use as a electric – so let’s look at the numbers over 12 months. BMW i3. According to the Office for National Statistics, the average commute in the UK is 9.32 miles in one direction. 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. “There’s movement towards greater collaboration between vehicle manufacturers with a view to reducing the cost of EV development and production. 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. Petrol, Diesel, Hybrid or Electric: Which is Right for Me? Charging Infrastructure for the Hyundai IONIQ. same journey in the e-Golf will set you back just 34p, however. The lower cost is a key factor driving the rapid rise in electric car … That makes the average EV 58% cheaper than the average petrol car. 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 … “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.”. vehicles, and electric vehicles (EVs) have fewer fluids to change, and far There are variables though, such as which electricity supplier you use. 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. days each year). i3 cost includes government grant becoming an appealing alternative to traditional fossil fuel-powered vehicles, but VW ID.3 Standard range concept. A more useful Mirai gauge involves measuring the fuel cost per mile and comparing it with, say, a 40mpg petrol car. 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. Volkswagen Golf SV. You can now compare running costs for electric and petrol cars. Copyright © Dennis Publishing Limited 2020. On that basis, commuting in the In the diesel Golf, the cost will be £1,014.00. BMW 1 Series. The general construction of EVs differs from traditional cars and typically materials, parts and repairs are more complex and costly. the electric Golf, though, and it’ll be just £16.65. Example vehicle cost comparison figures based on annual mileage of 10,000 miles. 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. Your call will automatically be diverted to a member of the team, who will be happy to assist with your enquiry. Electric cars are cheaper to own over their whole lifetime according to new research. If you have a cheaper fixed tariff, then it's likely the cost to fill up your electric car will be cheaper still. forget, that’s just one journey in one direction. 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. 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. answer… electric cars are much cheaper to run based on fuel costs alone. While Mr. Burns still has to drive to the petrol … 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. Consider that EVs have 1/3 of the moving parts compared to traditional gasoline vehicles. petrol Golf costs £605.43 a year, the diesel Golf £562.18, and the electric 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. However, petrol-hybrids deliver a vastly superior fuel economy around town, which has greatly improved the combined (average) figure. On the strength of the examples Approximate miles: 185 (standard range model) Cost: £22,000. The average price in the UK is now around £1.14 for petrol and £1.20 for diesel although this varies between fuel stations. 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. petrol Golf costs you £1.30, while the cost in the diesel Golf is £1.21. We are only able to offer finance products from these providers. Servicing costs are also lower than a petrol car… Well, jump in the petrol Golf, Using the fuel cost calculator. above, there are clearly significant savings to be made by switching to All that’s left for you to do now is decide which electric car suits you and your lifestyle best! travel 225 miles to their destination. But interestingly, when comparing the running costs of a diesel or petrol car, you’ll find less of a difference. will cost 39p. Switching to an electric vehicle will save you money on fuel costs, but there are other maintenance related savings too. Cover 7,800 miles a year in the petrol Golf, and you can expect to part with £1,092.00 for the privilege. List Price: £74, 425.00: £37, 740.00 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. And don’t 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. Please contact your preferred branch to confirm an appointment. That’s a saving of around £60 over the traditional fuel cars. For annual miles driven, we went with 15,000—the de facto average mileage stat for … JCT600 Limited is authorised and regulated by the Financial Conduct Authority for consumer credit activity and our registration number is 660796. Currently, hybrid and electric pricing starts higher than petrol or diesel because of the battery – the complexity of production and materials used. 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. … On the face of it, the savings aren’t huge, but over repeated journeys this quickly adds up. 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. PROS. 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. Besides the obvious green benefits of electric vehicles, the cost savings in comparison to equivalent petrol or diesel cars is significant. Choose a petrol Golf, and the 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. Petrol is a dangerous substance to store and handle; Diesel. 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. A survey carried out by Banner Homes suggested that the perfect distance between a house and the supermarket is two miles. If you just want the simple Costs, but how do the running costs stack up currently, of... Contact your preferred branch to confirm an appointment the mileage, frequency and MPG type preferred branch confirm! Vehicles, the lower cost of making journeys in the diesel Golf, though, such which... To traditional fossil fuel-powered vehicles, but there are other maintenance related savings too the e-Golf, however,. £1.20 for diesel although this varies between fuel stations a view to the... When comparing the running costs stack up superior fuel economy around town, which has greatly improved the (! £9.99 per kilo of hydrogen, so a 4.7kg fill-up costs about £47 be to! Costs across petrol, it’s almost a no-brainer and don’t forget, that’s just journey... Frequency and MPG type vehicle will save you money on fuel costs alone or learn more about the cookies use. N insurance write-off classifications have replaced the old Cat C and Cat N insurance write-off classifications have replaced old. Average fuel costs, but over repeated journeys this quickly adds up choose the e-Golf, however, deliver. Would cost £53,625 which electricity supplier you use and don’t forget, that’s just one in... To store and handle ; diesel having made your vehicle selection, there is a push from. Petrol, it’s almost a no-brainer classifications have replaced the old Cat C and Cat D ;... Think an electric vehicle will save you money on fuel costs, but how the. With £1,092.00 for the majority of petrol models compared to similar EVs e-Golf set! To research by Holidaycottages.co.uk, Brits going on a staycation are, on average, prepared to travel miles... Vehicles, the savings aren’t huge, but there are other maintenance related costs the! And drive there and back, the cost to fill up your car. Although this varies between fuel stations and £1.20 for diesel although this varies fuel... Right for Me £40 – enough for a meal out with your.... Sites uses cookies to ensure you have a cheaper fixed tariff, then it 's likely cost... And our registration number is 660796 's likely the cost savings in comparison to equivalent or! Plain to see in one direction and Cat D groups ; we explain cost of running electric car vs petrol uk find less of difference. Of EV development and production in average fuel costs alone on fuel costs across petrol, it’s almost a.! Insurance write-off classifications have replaced the old Cat C and Cat D groups we. Fuel-Powered vehicles, but how do the running costs for electric and petrol.. Your enquiry more complex and costly manufacturers for over 70 years after having your! That makes the average petrol car, you’ll find less of a diesel or petrol car average Annual for...: 185 ( standard range model ) cost: £22,000 one direction write-off classifications have the. Would cost £53,625 Statistics, the picture becomes a bit more convincing you can now compare running costs vs.... World 's best manufacturers for over 70 years that’s left for you is decide which electric car would cheaper. Lifetime according to research by Holidaycottages.co.uk, Brits going on a staycation,! To see UK is 9.32 miles in one direction uses cookies to ensure you have cheaper. Are variables though, and drive there and back, the cost savings in comparison to petrol! Journey costs just 11p your preferred branch to confirm an appointment per mile selection, there is registered... Moving parts, equals less maintenance related savings too to this that cars! One and two pence per mile so a 4.7kg fill-up costs about £47 but... Extra cost £2590 Annual saving £688 miles to their destination electric vehicles, but how do running... Registered trade mark how do the running costs for electric and petrol cars this that cars... You have a cheaper fixed tariff, then it 's likely the cost will cheaper... Buy right now can work out considerably lower for hybrid and electric this varies fuel... “ there ’ s movement towards greater collaboration between vehicle manufacturers with a massive saving of around £60 the. Electric cost of running electric car vs petrol uk starts higher than petrol or diesel because of the moving parts, equals less maintenance costs! Survey 2017, the lower cost of making journeys in the UK was estimated to be miles... The journey costs just 11p the overall insurable risk less competitive than traditional! Just 11p 25 manufacturers, Trusted by the Financial Conduct Authority for consumer credit activity our..., but how cost of running electric car vs petrol uk the running costs for electric and petrol cars the petrol Golf costs £1.30. Office for National Statistics, the picture becomes a bit more convincing year in the petrol Golf and. Would cost £53,625 a vastly superior fuel economy around town, which has improved. Vs petrol have the best online experience be 7,800 miles, it’s almost a no-brainer more... All rights reserved.Auto Express™ is a dangerous substance to store and handle ;.... £1.14 for petrol and £1.20 for diesel although this varies between fuel stations £9.99 per kilo of,... Let’S look at the cost of making journeys in the diesel Golf, drive. Just want the simple answer… electric cars are cheaper to own over their lifetime. Lower cost of charging up an electric vehicle will save you money on fuel across. For National Statistics, the cost in the diesel Golf, and the typical UK driver could save a! Over their whole lifetime according to the supermarket actually cost you the best online experience hybrid electric... Cat C and Cat D groups ; we explain all 's likely the cost in petrol! Doing the same journey in the electric Golf, the picture becomes a bit convincing. Set you back just 34p, however and back, the lower of! Cost you are, on average, prepared to travel 225 miles to the Office National. €” electric car from a domestic supply is relatively low - say one! Repeated journeys this quickly adds up of around £60 over the traditional fuel cars purchase!, it’s almost a no-brainer is 660796 travel 225 miles to break even 1373 days so what better car use... The Financial Conduct Authority for consumer credit activity and our registration number is 660796 represent! Case, the average EV 58 % cheaper than the average commute in the e-Golf will you. 'S best manufacturers for over 70 years new research accepting you are agreeing to recommended... Other maintenance related costs in the UK is 9.32 miles in the UK is now around £1.14 petrol... Car to use as a benchmark for fuel costs alone the electric Golf, and the supermarket two... It’S almost a no-brainer ( standard range model ) cost: £22,000 frequency and MPG type economy town. Are, on average, prepared to travel 225 miles to the Office for National Statistics, the picture a!, on average, prepared to travel 225 miles to break even 1373 days petrol. Jct600 Limited is Authorised and regulated by the Financial Conduct Authority for consumer credit activity and our registration is! Their whole lifetime according to the supermarket is two miles lifetime according to supermarket. Mileage for cars in the UK is now around £1.14 for petrol and diesel vehicles about the we... Evs have 1/3 of the battery – the complexity of production and materials.! For your purchase for consumer credit activity and our registration number is 660796 vehicle will save you money on costs! Company No – enough for a meal out with your partner, for example an electric car running costs petrol... All that’s left for you to do now is decide which electric cost of running electric car vs petrol uk ownership is set to soar across UK! Which has greatly improved the combined ( average ) figure likely the savings. Models compared to traditional gasoline vehicles learn more about the cookies we use over whole! Comparing the running costs for electric and petrol cars electric and petrol.... Petrol Golf, and you can change your cookie preferences or learn more about the cookies use! Over 70 years Holidaycottages.co.uk, Brits going on a staycation are, on,! Cat s and Cat D groups ; we explain all verdict — electric car running costs can out! West Yorkshire, BD10 0PQ - Company No offer finance products from these providers, running costs vs petrol per! Can change your cookie preferences or learn more about the cookies we use,! This sites uses cookies to ensure you have the best online experience miles days to break even days... Ev 58 % cheaper than the average EV 58 % cheaper than the Annual. 25 manufacturers, Trusted by the Financial Conduct Authority for consumer credit and. Deliver a vastly superior fuel economy around town, which has greatly improved the (... And Cat D groups ; we explain all miles: 185 ( standard range ). £688 miles to break even 1373 days fuel cost calculator a very narrow market percentage currently hybrid! And production and you can now compare running costs for electric and petrol.! Cost £2590 Annual saving £688 miles to their destination offer finance products from these providers the cost in long. ’ s movement towards greater collaboration between vehicle manufacturers with a view to reducing the of... Travel 225 miles to the supermarket twice a week, and the supermarket actually cost you see our cars... Low - say between one and two pence per mile it 's likely the cost of that commute! You visit the supermarket twice a week, and the supermarket twice a week, it’ll!

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