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Electric vs Petrol vs Diesel: Which is the Most Cost-Effective?

Uncover Savings: A Detailed Cost Comparison of Electric and ICE Vehicles

We’ve taken a close look at the running costs for electric, petrol, and diesel cars to help you make an informed choice. Using insights from the Zap Map Journey Cost Calculator, we compare popular electric models like the Volkswagen ID.3 and Tesla Model 3 with their petrol and diesel counterparts. Find out how much you could save on annual fuel costs and explore extra perks like reduced maintenance expenses and tax benefits.

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Electric vs Petrol vs Diesel: The Ultimate Showdown!

When it comes to running costs, electric vehicles (EVs) are making a big impression. At CarSupermarket.com, we've used data from the Zap Map Journey Cost Calculator to help you understand how much you could save by switching to electric, especially if you’re driving around 10,000 miles a year.

Vehicle

Type

Cost per Mile

Annual Fuel Costs

VW ID.3

Electric

6.2p

£630

Tesla Model 3

Electric

5.9p

£600

Ford Focus Diesel

Diesel

12.1p

£1,230

BMW 3-Series PHEV

Plug-in Hybrid

11p

£1,130

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Key Insights:

When driving around 10,000 miles a year, switching to an electric vehicle can lead to substantial savings. The Volkswagen ID.3 and Tesla Model 3 each offer significant annual savings compared to the Ford Focus Diesel, with potential savings of up to £630. The BMW 3-Series PHEV Saloon also offers some savings over diesel but doesn’t match the cost-efficiency of fully electric vehicles.

Electric vehicles generally come with lower maintenance costs due to having fewer moving parts compared to petrol and diesel engines. Additionally, for company car drivers, electric vehicles provide considerable tax advantages, including lower Benefit in Kind (BIK) tax rates and possible exemptions from road tax and congestion charges.

Choosing an electric vehicle through CarSupermarket.com can be a financially savvy decision that not only saves on running costs but also supports a greener future.

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