The stark reality is that fuel prices are at an all time high. Some parts of the UK are actually seeing prices as high as 143.9p, and it’s therefore fair to say that the overall cost of running a car is on the up – particularly when we consider the astronomical insurance premiums. As a result, more and more of us are now looking for more cost effective ways to run our vehicles – but let’s face it, it isn’t easy.
Our desire to save money, coupled with a growing concern for the environment has paved the way for some exciting new developments in the automobile industry. Amongst these innovations are quality, fuel-efficient engines and cars that have been manufactured with lighter materials. Prime examples include the VW Bluemotion or the Fiesta Econetic – very different from the unsightly diesel vehicles of yesteryear – they’re made with cutting-edge titanium and is extremely sleek and stylish.
What affect has this had on the industry?
Previously, petrol car sales took up most of the market. But recent years have seen a shift – with top of the range diesel cars making their way onto the second hand market – sales now make up 50% of the industry.
And how will this benefit the consumer?
The fact is, while diesel prices tend to be higher than the prices of petrol, diesel cars offer more miles to the gallon – this can save us a great deal of money in the long-run. But aside from saving money on fuel, owing to the new government sanctioned ‘low emissions zone’, cars that meet the European 5 and 6 standards will be subject to tax credits. In fact, vehicles that emit less than 100g/km of CO2 can actually benefit from not having to pay road tax at all.
But how do I know a car is fuel-efficient before I buy it?
Something you should look out for when you’re looking to buy a car, is something that is known as a fuel economy label. These stickers are designed to display particular information that will tell you all you to know in order to decide whether the car is both economical and environmentally friendly.
These labels should show you the following information:
- A rating from band A (green) to band G (red). Cars will fall under A are seen to be the most ‘green.
- Information regarding the level of tax you’ll need to pay on the vehicle.
Provided you take into our information into account, you should be on your way to becoming a greener driver, in no time.