He's leasing it.
Fuel up/down again
- Thread starter [TW]Fox
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Soldato
Either way the argument still stands, I'd expect the lease cost of an equivalent petrol to be higher as the lease company need to be able to pass on the bigger depreciation hit.
I was only thinking last week that with the falling price of oil, fuel economy must be becoming (relatively) less important or to phrase it differently, the differential between petrol and diesel is being diminished.
Modern small turbo petrol engines allegedly give upwards of 50mpg which by the time you factor in the effective economy of diesels driven in a sub-optimal usage pattern isn't that far away. Using an extra say 500l of fuel isn't such a big deal if it is only costing a quid.
The problem I suppose is when I look at the used market for relatively modern cars (say up to 4 years old) there is an absolute dearth of petrols compared to diesel which means you have much less to choose from, especially if you are hunting for a particular spec (I imagine because the vast majority of ex-fleet vehicles disposed within that timeframe are diesel). I think this is actually keeping the price of used petrols higher than some people expect, because the supply is low, so often the saving on say a 1.4TSI relative to a 2.0TDI is diminished compared to the list price.
For those looking at old vehicles not so much of an issue I expect, however as time moves on the quality of such options will diminish as the diesel dominance pushes further and further back in terms of age.
Modern small turbo petrol engines allegedly give upwards of 50mpg which by the time you factor in the effective economy of diesels driven in a sub-optimal usage pattern isn't that far away. Using an extra say 500l of fuel isn't such a big deal if it is only costing a quid.
The problem I suppose is when I look at the used market for relatively modern cars (say up to 4 years old) there is an absolute dearth of petrols compared to diesel which means you have much less to choose from, especially if you are hunting for a particular spec (I imagine because the vast majority of ex-fleet vehicles disposed within that timeframe are diesel). I think this is actually keeping the price of used petrols higher than some people expect, because the supply is low, so often the saving on say a 1.4TSI relative to a 2.0TDI is diminished compared to the list price.
For those looking at old vehicles not so much of an issue I expect, however as time moves on the quality of such options will diminish as the diesel dominance pushes further and further back in terms of age.
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Soldato
Just out of interest, do they actually make a petrol C-Class (excluding the C63)?
Soldato
$1.91
Soldato
costs me around $30 to fill up now instead of $45 
Soldato
expect the duty to rise then 
Soldato
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- 29 Jun 2004
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expect the duty to rise then
Doubtful. There's an election in 4.5 months.
So in 5 months when Labour sneak back in we can expect a duty hike XD
Soldato
You're not far from me then!
Soldato
Supermarkets are knocking another 2p/l off again from tomorrow i think.
I think it is pretty much a given that duty will rise whoever is elected if oil prices remain low as that makes the rise more palatable against the backdrop of recent historical prices and a generally improved economic outlook. Many hikes have been postponed/cancelled in recent years and with cars getting more efficient, presumably the treasury take is diminishing due to reduced consumption (? - anyone got access to data?).
I think the real question is how much extra duty will be added, not if.
Local Tesco were in the process of knocking 2p/l off earlier this evening - one sign reading 108.9/115.9 and the other 106.9/113.9
Soldato
ESSO in Chippenham was 1.04, expect it to be 1.02 at some point tomorrow.
Soldato
Conservatives got rid of the constant fuel tax hikes, not sure why they would start doing again now? Hopefully they start taxing diesels more fairly before putting any more taxes on petrol.
Soldato
Good opportunity to switch VED to fuel. Not that that is likely to happen.
The Tories haven't (as far as I'm aware) got rid of the constant fuel hike - they've simply waived it for the last few years. They still have to actively not increase tax.
The Tories haven't (as far as I'm aware) got rid of the constant fuel hike - they've simply waived it for the last few years. They still have to actively not increase tax.