With the UK government’s pledge to ban the sale of new petrol and diesel cars by 2035, the question of whether to buy a petrol car today has become more relevant than ever.
Consumers are faced with a rapidly evolving automotive landscape, where electric vehicles (EVs) and hybrids are gaining prominence. If you're pondering this question, here are some key considerations to help you make an informed decision.
Current Infrastructure and Availability
Petrol stations are very widespread across the UK, providing unmatched convenience for refuelling compared to the current charging infrastructure for electric vehicles. If you frequently drive long distances or live in rural areas, the extensive network of petrol stations might still make petrol cars an attractive option.
Purchase and Running Costs
Petrol cars generally have a lower upfront cost compared to electric vehicles, although this gap is probably set to narrow. The price of EVs has been decreasing, and there have been various government incentives and grants to promote electric car ownership. However, the running costs of petrol cars remain higher, as petrol is more expensive than electricity, and petrol engines require more maintenance.
Environmental Impact
One of the most compelling reasons to reconsider buying a petrol car is its environmental impact. Petrol cars emit CO2 and other pollutants, contributing to air pollution and climate change.
In contrast, electric cars produce zero emissions, making them a greener option. As environmental awareness grows, driving a petrol car might increasingly be seen as less socially responsible.
Future Resale Value
With the impending ban on new petrol and diesel cars, the future resale value of petrol vehicles is uncertain. As more consumers shift to electric cars, the demand for second-hand petrol cars may decline, potentially leading to a drop in resale prices.
That said, there is also a school of thought that says that until charging infrastructure and electric range issues are significantly improved, internal combustion vehicles may actually gain in resale values for a period of time.
Technological Advancements
The automotive industry is rapidly advancing, with significant improvements in battery technology, driving range, and charging infrastructure for electric cars.
Today's electric vehicles can travel longer distances on a single charge, and the network of fast-charging stations is expanding. Moreover, many new petrol cars are already equipped with hybrid technology, offering a middle ground by combining petrol engines with electric motors to enhance efficiency and reduce emissions.
Personal Driving Habits
Your driving habits play a crucial role in this decision. If you typically drive short distances and have access to charging facilities at home or work, an electric vehicle could be highly convenient and cost-effective.
Conversely, if you often undertake long journeys without reliable access to charging stations, a petrol car might still be the more practical choice.
Conclusion
The decision to buy a petrol car in the UK today depends on various factors, including your personal circumstances, driving habits, and priorities.
While petrol cars offer certain conveniences, the tide is slowly turning in favour of electric vehicles due to environmental concerns, advancing technology, and supportive government policies. As we approach the 2035 deadline, the case for petrol cars will likely weaken further.
If you're in the market for a new car and want to future-proof your purchase, exploring electric or hybrid options could be a wise decision.
Ultimately, it's about weighing the immediate benefits of petrol cars against the long-term advantages of embracing cleaner, more sustainable automotive technologies.
TYSONCOOPER are personal and fleet management specialists and can support you with your transition to electric vehicles.
If you want some help and advice, get in touch and we will go through the options as they relate to your personal circumstances.