I always price a car based on Total Cost of Ownership. To focus on just one particular item on the list of expenditure is like something the New Labour government used to do.
I'm quite interested in this debate because I have a friend who is a die hard diesel fan-boy. Every discussion about cars always comes down to him telling me diesels are better "because they are more efficient and just as fast as petrols". Im beginning to lose hope because nothing I say can convince him otherwise. I tried explaining about the more favourable driving characteristics of petrols but he disregarded them as "an immeasurable subjective factor", which is false. You can measure it.
"You do you prefer driving petrols to diesels?"
"Yes".
Done. Measured. All to no avail. "But diesels are so much better, having that much torque makes driving on the motorway so much better", blah blah blah. So does having an automatic. Sigh.
Anyway, I decided to run a quick unscientific test using the quoted figures of the coupé 325x on BMWs website. Using the combined MPG figures and
this fuel calculator, over 10,000 miles per year, it turns out the diesel would save you a whopping £229.17 a year in fuel! (With petrol at 114.9ppl and diesel at 115.9ppl)
So, you save just over two hundred quid a year. But, considering that the purchase difference between the 325d and the 325i from new is £1300 in favour of the petrol, it would take (if my rough calculations are correct) 5.6 years before you broke even on fuel costs if you bought the new diesel over the petrol.
Is it really worth it, considering that the petrol is quicker and more powerful, will be less noisy, probably incur lower service costs and wont smell? Given this evidence, who would really buy the diesel over the petrol?
Im aware I could have made a glaring error in some of my calculations as I was just working this out quickly. Feel free to check and criticise my figures, it just surprised me that it seems at first glance the diesel is actually the more expensive option to run from new.