What is best? Diesel, Petrol, Hybrid or Electric
The Independent recently released an article stating Diesel is now cheaper than petrol. Supermarkets are slashing prices, making diesel cheaper than petrol for the first time in 15 years. Saudi Arabia is flooding the global market with Diesel, competing at a wholesale level – giving supermarkets the opportunity to lower prices.
Oil prices have fallen also this month in response to the current oversupply of oil in the market. Prices are forecast to continue to fall with recent competition from Diesel, and an emerging price war.
The more environmentally sound purchase today would be a hybrid car, but this still carries pollution because it is partly fueled by gasoline, adding to the overall emissions load. The electric car, on the other hand, is best for the environment, carrying no pollution and avoiding any price war.
If you are thinking of purchasing a new car there are a number of aspects to consider including depreciation value, what type of car would best suit your lifestyle, and what payment options are out there. Apart from buying the car outright, you can receive a loan directly from a dealership, bank or building society. You can also lease a car to avoid depreciation costs or buy a car on hire purchase.
If you are in the market for a used car there are a number of online services to double check all of the motor’s details before purchasing, including; if the MOT is genuine, if the mileage is accurate, current tax rate of the vehicle, any outstanding finance that is linked to the car, and if the car has ever been written off or stolen.