Used Market Petrol vs Diesel Study
With ever rising fuel prices theres more incentive than ever to switch to a diesel car. The higher prices of diesels have led to many studies by reliable motoring magazines into the 'payback time' for new diesels in comparison to petrol models. I have now decided to look at the slightly lower end of the market at cheaper, used cars to see how both are faring and the costs and potential savings involved detailed and examined.
The Survey
In this survey ive taken an example in five different sectors of vehicle. Family hatchback, city car, estate car, MPV and luxury saloon to investigate the differences between petrol and diesel models on the used market.
I have searched Auto Trader and other outlets to find two cars of the same make, model, age, spec etc as possible, find an excellent example which seems bang on the average used price for it and compared it directly to the same car with the opposing fuel type. I will take the purchase price, yearly tax, insurance and projected fuel costs into account to examine what it will cost over three years to run these cars in those criterias.
Numbers
Obviously its impossible to tailor this to everybody but to give us an idea im going to use insurance quotes obtained for me, working on a basis of 10,000 miles a year. For the fuel price section i am working on an unleaded price of 139.9p per litre and a diesel price of 144.9p per litre. When fuel cost numbers come out at slightly under a round number i shall round up, so if something comes to £1398 i will call it £1400 for example. For working out fuel costs i will take the official average mpg figure and knock a few off it, if it claims 42mpg i'll work on a basis of 38, for example. When 'total cost' is listed, this will include the purchase price, as we try and work out how long it will take a diesel to 'make back' the outlay.
I will only use examples from dealers, trade ads. All cars will be in very good condition, no Cat C or D examples will be used for the purposes of the test. And all cars have full MOT's and warranties provided.
The Cars
Ok lets kick off with one of the lands most popular cars, the Ford Focus. This is the kind of car that many families buy.
Ford Focus Test
Petrol Model
I have found for sale the following car:
Ford Focus, 2007 (07), Petrol, 5door 1.6litre Zetec hatchback with 37,000 miles in Silver. I found this car at an approved used dealer for £5,200
Insurance Group: 6 VED Band: G
Insurance: £248 VED: £165 Fuel: £1680
Total Cost, Year One: £7300, Year Two: £9400, Year Three: £11,500
Diesel Model
I have found the following car for sale:
Ford Focus, 2007 (07), Diesel, 5door 1.6litre Zetec hatchback with 42,000 miles in Blue. I found this car at a car supermarket for £6,800
Insurance Group: 6 VED Band: D
Insurance: £283 VED: £95 Fuel: £1270
Total Cost, Year One: £8440, Year Two: £10,080, Year Three: £11,720
Notes: After three years the Diesel will still be behind the petrol but only very marginally, a yearly mileage of 15k would obviously see the diesel ahead by this point. Despite being in the same insurance group the diesel was 14% more to insure which for me makes little difference but to others a 14% premium can be alot of money, so watch out for that. Its also worth noting there were twice as many petrol models to choose from in these criteria's than diesel models.
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Toyota Yaris Test
The excellent small city car from Toyota, rock solid reliability, good looks and supposedly low cost to run. Lets put it to the test.
Petrol Model
I found the following car for sale
Toyota Yaris, 2008 (08), 1.3litre petrol 3 door hatchback in blue with 24,000 miles. I found this car at a franchised Toyota dealer for £5,400
Insurance Group: 4 VED Band: C
Insurance: £248 VED: £30 Fuel: £1500
Total Cost, Year One: £7200, Year Two: £8980, Year Three: £10,760
Diesel Model
I found the following car for sale
Toyota Yaris, 2008 (08), 1.4litre Diesel 3 door hatchback in Grey with 26,000 miles. I found this car also at a Toyota dealer for £7,000
Insurance Group: 4 VED Band: C
Insurance: £248 VED: £30 Fuel: £1180
Total Cost, Year One: £8460, Year Two: £9920, Year Three: £11,380
Notes: Insurance remains the same in the same Ins group unlike the Focus. After three years the diesel remains £620 more expensive. These types of cars are typically bought by people doing lower mileages which suggests it'd be many years for the diesel to pay for itself in that case. There were a staggering ten times more petrols to choose from than diesels in this case.
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Skoda Octavia Estate Test
For the Estate car section of the test ive picked one of Avant's favourite, the Skoda Octavia. Well known for providing good value for money and dependable running costs. Lets put its money where its mouth is.
Petrol Model
I found the following car for sale
Skoda Octavia Estate, 2008 (08), Ambiente, 1.6litre Petrol with 33,000 miles in Silver. This car at a Skoda dealer is priced at £7,500
Insurance Group: 7 VED Band: G
Insurance: £245 VED: £165 Fuel: £1720
Total Cost, Year One: £9630, Year Two: £11,760, Year Three: £13,900
Diesel Model
I found the following car for sale
Skoda Octavia Estate Ambiente, 2008 (08), 1.9litre Diesel with 39,000 miles in Silver. This car at the same Skoda dealer is priced at £8,400
Insurance Group: 7 VED Band: E
Insurance: £275 VED: £115 Fuel: £1320
Total Cost, Year One: £10,110, Year Two: £11,820, Year Three: £13,530
Notes: The larger 1.9litre is in the same ins group as the 1.6 but still comes out at around 12% more which is good value compared to the earlier Focus. After three years both examples are very close together as the Skoda makes up the gap very well. Perhaps its no co-incidence then this is the first of the tests where there are more diesels than petrols, twice as many, in fact.
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Vauxhall Zafira Test
There has to be a people carrier in this test im afraid but stick with me. The Zafira is a very popular car in Britain and buyers have alot of choice so lets put them to the test.
Petrol Model
This car for sale
Vauxhall Zafira 2007 (07) 1.8litre Energy trim in blue with 31,000 miles, Petrol. This car at a car supermarket was found for £5,995
Insurance Group: 8 VED Band: H
Insurance: £261 VED: £190 Fuel: £1870
Total Cost, Year One: £8320, Year Two: £10,640, Year Three: £12,960
Diesel Model
This car for sale
Vauxhall Zafira 2007 (07) 1.9litre CDTi in Energy trim in silver with 54,000 Miles. This car at a car supermarket was found for £7,400
Insurance Group: 7 VED Band: H
Insurance: £280 VED: £190 Fuel: £1570
Total Cost, Year One: £9440, Year Two: £11,480, Year Three: £13,520
Notes: Large gap in mileage between comparible models and still a significantly higher diesel price. Lower insurance group on larger diesel engine but cost more to insure. Same VED Band for both, bad mark to Vauxhall there on emissions standards. There were twice as many petrol models to choose from, with wider variety of spec and far lower miles than the rarer diesel models.
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Mercedes Benz E Class Test
Lets look at the more luxury end of the market to see if the information gathered so far also applies here. The E Class is one of the worlds most popular luxury saloons so should provide a good idea on the impact of both fuel types on the used market for these cars.
Petrol Model
This Car for sale
Mercedes Benz E280 Avantgarde 2007 (07) Saloon, Automatic, petrol with 47,000 miles in Black. I found this car for sale from an approved used dealer for £13,500.
Insurance Group: 17 VED: K
Insurance: £634 VED: £260 Fuel: £2270
Total Cost, Year One: £16,665, Year Two: £19,830, Year Three: £22,995
Diesel Model
This car for sale
Mercedes Benz E280 Avantgarde 2007 (07) Saloon, Automatic, Diesel with 50,000 miles in Black. I found this car at a franchised dealership for £13,500, the same as the petrol.
Insurance Group: 16 VED: J
Insurance: £630 VED: £245 Fuel: £1930
Total Cost Year One: £16,305, Year Two: £19,110, Year Three: £21,915
Notes: With identical purchase price its obvious the diesel will cost less. Lower insurance group. Interestingly there were TEN times more diesel models to choose from than petrols which will probably explain why this bucks the trend of the rest of the test.
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Conclusions Of course its impossible to draw any definite conclusions as theres so many variables. Broadly theres not much here we dont already know, the higher the mileage = diesel more worth it and things like that. Its interesting that in some cases the insurance for the diesel is more than the petrol despite same displacement and insurance group. That 14% extra for the Focus could add significantely more to a younger drivers premium in their first couple of years for example. Its perhaps unsurprising that for cars where theres more diesels than petrols the long term price gap is closer than in cases of it the other way around, such as in the Skoda and Mercedes tests.
We can never draw a definite conclusion, someone out there will find a bargain diesel at the same price as a similar petrol that ive listed here im sure and everyone should always buy whats best for them and whats the best deal. Its interesting to note increasing reliability issues with diesels and with the savings sometimes not drastic over petrols this information could tempt people to consider the possibly more reliable petrol models more, especially in cases of cars with DPF's etc Also in some cases it appears the savings gap between the two fuel types narrows as the car gets older, perhaps thats obvious as well but its nice to investigate. Overall theres more used petrols than diesels out there, as diesel has only really caught on mainstream in the last 5-10 years. When that ratio one day shifts i think the petrol v diesel arguments will be redundant as simple rule of extra supply meaning firmer competition driving prices down, even with rising demand (can demand for diesels rise any higher?) should engineer lower prices.
I hope this has been worthwhile.
Thanks for reading.
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