Going diesel 'is a false economy' because most motorists who switch don't drive far enough
By Daily Mail Reporter PUBLISHED: 00:42, 23 April 2012 | UPDATED: 00:43, 23 April 2012
Most diesel car owners are wasting money - because they don’t do enough miles to get the benefit from their engine, according to new research.
With fuel prices reaching records highs, motorists have been rushing to buy more expensive diesel vehicles in an attempt to save money on running costs.
But, analysis by car valuation expert Glass’s Guide, shows buying a second-hand diesel is only cost-effective if you do at least 10,000 miles per year
A total of 981,594 new diesels were sold - nearly 50,000 more than those run on petrol.
However, both new and used diesel motors demand a strong price premium when compared to their petrol counterparts.
For example, the average cost of a three-year-old family-sized diesiel can be up to 2,000 pounds more than its petrol equivalent.
Diesel: Prices are currently over 5p a litre more expensive than unleaded
Experts say the majority of the owners of the 8,763,500 diesel cars on the road at the end of 2011 are throwing money down the drain.
Adrian Rushmore, Glass’s Guide managing editor, said: “Sooner or later, buyers will realise you actually have to do 10,000 miles or so to recoup the cost.
“The 10,000 mile figure is based on averages of hundreds of thousands of car prices and current fuel prices.
“We know the vast majority of private diesel owners in the UK drive less than 10,000 miles a year.
“This is the ‘magic number’ consumers should use to guide their choice - if you’re driving 5,000 miles for example, you definitely don’t want to buy a diesel on economic grounds.”
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