Fuel costs have only risen slightly in real termsWhich? finds fuel spend parity over last 30 years
31 March 2011
UK motorists are only paying slightly more for fuel now than in 1980 due to the better fuel economy of today’s cars, according to new Which? research.
We compared the test figures of Fords past and present and found parity in fuel spend once adjustments had been made for inflation. Our findings suggest we are paying no more now for fuel than we did 30 years ago, despite the higher cost at the pump.
Fuel spend parity: Which? research
In 1980, the family favourite Ford Cortina 2.0-litre petrol averaged 27 miles per gallon (mpg).
Fuel cost 28p a litre, which when adjusted for inflation would give an annual fuel bill of £1,889 (based on the UK average of 12,000 miles a year).
Today, the closest equivalent to the Cortina, the Ford Mondeo* 2.0-litre petrol, averages 34.9mpg in Which? tests. Based on a petrol cost of £1.29 per litre** this gives an average annual spend of £1,915.
That’s little more than UK motorists were spending on fuel in 1980 when oil prices were also high, although the equivalent figures for 1990 (£1,408) and 2000 (£1,634) show that the price of filling up has risen rather more markedly in the last two decades.***
Shop around to save more than £200
Which? also found that shopping around for fuel could save you more than £200 a year, after it investigated how petrol prices vary across thousands of UK stations.
We found that supermarket brands were generally cheapest, especially Asda, while, on average, BP was the most expensive.****
The Which? fuel calculator allows motorists to calculate their car’s true mpg and journey costs, and offers tips on finding the cheapest fuel in their area.
Richard Headland, Editor of Which? Car, said: 'Even in these times of record pump prices, there are ways to minimise how much you spend on fuel.
'The simplest way to save is to shop around for the best deal in your area - this could save you a packet.'
*Which? tested the Ford Mondeo Estate 2.0 EcoBoost with Powershift automatic transmission. Its tested average fuel economy of 34.9mpg isn’t as good as many large cars, so the £1,915 annual fuel bill is something of a worst case scenario.
**Fuel prices used for the original article were correct on 10 Feb 2011. On Monday 28 March, the average price for unleaded was £1.33 per litre, which would make the cost of filling up the 2.0 Mondeo £2,081.
***1990 figure based on petrol at 47 pence per litre and a Ford Sierra 2.0 averaging 31.0mpg; 2000 figure based on petrol at 84 pence per litre and a Ford Mondeo 1.8 averaging 34.9mpg
****Using fuel card purchase data from comparison website PetrolPrices.com, Which? compared the cost of a litre of petrol and diesel on 10 Feb 2011 at more than 6,000 petrol stations across the UK. The consumer champion calculated the average price per litre for each of the major fuel brands.
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