Tuesday , March 9 2021

Which car do you want to drive economically best: petrol, diesel or hybrid?

"Today, eco-friendliness is becoming more and more important, and car manufacturers have to meet their increasingly carbon-intensive models. Innovations in internal combustion engines and new power plants make it possible to offer less polluting and more economical models. When deciding to buy a new car, you need to take into account not only the type of fuel It is used because the long-lasting belief that diesel engine models always pay off is not obligatory today, "said Tom Pulikas, Director of Consumer Credit and Automobile Finance Department of Swedbank.

According to T.Pulyk, today approximately 2 out of 3 new cars sold in Lithuania are made up of gasoline engines. The remaining third of the model consists of diesel models, of which several percent of the hybrid or electric cars are sold. In addition to the car brand and special model attributes, there are two other important factors affecting the purchase of any car, its cost and operating costs.

How to evaluate automobiles with different technology engines according to these criteria? In order to make a more objective assessment, one of the most popular German manufacturer's universal petrol, diesel and hybrid units can be used for comparison.

The price of the same model is a difference of up to 50 percent

"If you decide to buy this model, at least you would pay for its version with a 1.4-liter petrol engine – the new model costs around 28 thousand euros. To use the standard car leasing offer and purchase this car for five years with a 30% you will have to pay around 302 euros per month, "- commented expert.

If a resident chooses to choose a model with a diesel engine and similar dynamic parameters, it will cost about 32 thousand. euro or 14% more expensive. This increases the monthly rent of EUR 345.

Finally, the hybrid model with a rechargeable battery currently costs 50%. more like a petrol engine, and the monthly rental price of the abovementioned conditions would be 435 euros. However, the hybrid system is much more productive than an internal combustion engine, the performance and regular maintenance of such a car are cheaper than diesel or petrol models.

Swedbank / Tomas Pulykas photos

Swedbank / Tomas Pulykas photos

Lower costs offset the starting price?

According to T.Pulic, the average hybrid model's fuel consumption is extremely low and, according to the manufacturer, it is 1.6 liters at 100 kilometers. The diesel model's average fuel consumption is almost 3 times higher and reaches 4.6 liters, while the petrol model is 5.1 liters.

"The final operating costs are determined not only by the technical parameters but also by the distance traveled. As the car travels several kilometers a year, its profitability becomes more important, for example, if you drive around 10,000 cars a year. According to the petrol fuel consumption model, it will cost around 637 euros, about diesel fuel – about 565 euros and a hybrid – about 200 euros, according to fuel prices prevailing in mid-November.

In the event that the monthly lease payments and the average money spent on fuel are collectively assessed, the petrol model is still the cheapest option for which you would pay around 355 euro per month. At that time, diesel fuel costs and fuel consumption cost EUR 392 per month and the hybrid model was around EUR 450.

T.Pulyk pointed out that if the year's distance is significantly higher and reaches, for example, 25 thousand. increase the attractiveness of cost-effective models. But even in this case, the petrol model is the cheapest option – total monthly lease payments and fuel costs are around 435 euros. And diesel and hybrid model costs are similar – in both cases they are about 470 euros.

Additional advantages of hybrid models

These calculations are based on the manufacturer's average fuel consumption. In fact, they may vary depending on driving style or driving conditions. For example, the benefit of a hybrid model can further increase driving time by driving through the city, driving a diesel model to spend more time outside the city.

"In addition, the hybrid model used in this comparison can be recharged from the mains, using this option regularly, the operation will be even more expensive. It is estimated that the cost of using 100 kilometers of electricity is estimated at only 2 euros. Diesel or gasoline should be spent 2-3 times. hybrid models – over time they retain a higher value, and some of their mechanical elements are slower than standard models, "said an expert.

Despite the efficiency of hybrid models, their high prices still do not contribute to the economic attractiveness of diesel and, in particular, petrol models. If under normal circumstances a car is used, a considerably lower starting price still leads to the use of the new petrol engine model, which is currently the most attractive alternative. However, car makers continue to invest in hybrid and electric models, but the situation may change in the near future by planning incentive schemes for governments to buy such cars.

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