Tuesday , May 30 2023

Which car would you like to drive more economically: gasoline, diesel or hybrid?


"Today, the green environment is becoming increasingly important, and car manufacturers have to match their models with ever more stringent carbon emissions. Innovations in the internal combustion engine and in new power plants make it possible to offer less polluting and when you decide to buy a new car, you need to consider not only the type of fuel it uses, because the long-term belief that the diesel models paid for We are not always needed today, "said Tomas Pulikas, director of Swedbank's Consumer Finance and Finance Department.

According to T.Puliko, today about 2 out of 3 new passenger cars sold in Lithuania are made up of gasoline-powered cars. The rest is dominated by diesel-powered models, with a partial share of all sales coming from hybrid or electric cars. In addition to the car's features and specific model features, two other important factors affecting the purchase of any car are its cost and operating costs.

How do they evaluate cars with different technology engines according to these criteria? In order to make a more objective assessment, one of the most popular German constructions for flexible versions, gasoline, diesel and hybrid can be used.

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

"If you decide to buy this model, you would pay at least for its 1.4 liter petrol version – the price of the new model is about 28 thousand euros To take advantage of the basic car rental offer and buy this car in five years with 30% of the residual value, you have to pay about 302 euros within one month, "- commented the expert.

If the resident chooses to choose a diesel-powered model and similar dynamic features, it will cost about 32 thousand. or 14% more expensive. As a result, the monthly rent payment of € 345 will increase.

Finally, the hybrid model with a rechargeable battery now costs 50%. more for a petrol-powered model and the monthly payment of the lease under the above terms would be 435 euros. However, the hybrid system is much more productive than an internal combustion engine, the operation and regular maintenance of such a car are cheaper than oil or gasoline models.

Photos of Swedbank / Tomas Pulykas

Photos of Swedbank / Tomas Pulykas

Does lower cost offset the starting price?

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

"The ultimate operating costs are determined not only by the technical characteristics but also by the distance traveled." As a car drives more kilometers per year, its cost-efficiency is becoming more and more important, for example, if you drive about 10,000 cars per year. costs about 637 euros, about diesel fuel – about 565 euros, and a hybrid – about 200 euros, according to fuel prices prevailing in mid-November, according to fuel consumption of the gasoline model "said T. Poulikas.

If monthly rental payments and the average amount spent on fuel were collectively estimated, the gasoline model remains the least costly option for which you will pay about € 355 per month. At that time, the diesel rental fee and fuel consumption would cost € 392 a month, with a hybrid model of about € 450.

T. Poulikas pointed out that if the distance traveling one year is significantly higher and it reaches, for example, 25 thousand. the attractiveness of the most efficient models should be increased. But even in this case, the gasoline model is the cheapest option – total monthly rent payments and fuel costs are about 435 euros. And the costs for the diesel and hybrid models are similar – in both cases they are about 470 euros.

Additional Advantages of Hybrid Models

These calculations are based on the average fuel consumption of the manufacturer. In fact, they may vary, depending on driving styles or driving conditions. For example, the advantage of a hybrid model can expose more time while driving into the city while driving a diesel model for longer traveling outside the city.

"In addition, the hybrid model used in this comparison can be recharged from the grid, and regular use of this option will make it more costly to operate." It is estimated that the cost of using 100 kilometers of electricity costs about EUR 2. diesel or gasoline will have to be spent 2-3 times more. Some other arguments for hybrid models – over time, keep a higher price, and some of their mechanical components are slower than standard to models, "said the expert.

Despite the profitability of hybrid models, their high price still does not discourage the economic attractiveness of diesel, particularly petrol-powered models. When a car is used under normal conditions, a significantly lower starting price still leads to the use of a new gasoline engine at present as the most economically attractive alternative. However, car manufacturers continue to invest in the development of hybrid and electric models, but the situation may change in the near future in stimulating the purchase of such cars by governments.

Source link