Lease Car - Petrol v Diesel

Fimbo77

My lease is up for renewal in a few months time. I`ve always driven diesels, but with the price difference between petrol and diesel, I`m tempted to go for a petrol engine. The life-span of the lease is three years and I drive approximately 18,000 miles. Current car is a Peugeot 307 Estate SW.

Any advice??

bclark

Over 18,000 miles Diesel is still your best option.

It obviously depends on which cars you are comparing.

loofer

Initially I wasn't completely sure if you meant 18k miles a year or 18k miles over the lease period... but I shall sensibly assume the former.

As for fuel economy... The mercedes C180K BlueEfficiency range has quite good mpg.

But as the above post points out... depends on what cars your looking at

Fimbo77

Sorry, it`s 18k per year and my current car costs in the region of £17,000 - I wouldnt be able to afford Merc - boo hoo! I`ll probably stick with roughly the same ie Peugeot/Citroen/Vauxhall estate - just wondering if over the three years the price for a diesel car and for the more expensive would be more economical than a petrol

MX5huggy

For Vauxhall Astra's 1.7 CDTi 110 Design ecoFlex (deisel) and 1.6 16v Design (petrol) fuel cost for 54k

Car MPG Gallons Liters Per L Total Fuel
D 62.8 860 3913 1.059 £4143
P 42.1 1283 5838 0.909 £5307

So having the petrol will cost you an extra £1164 over 3 years in fuel at todays fuel prices.

I would keep the car you have for another 3 years once its got 108k on the clock it will be just run in!! but then again it is French, not popular on here (but my N reg clio has done 140K now).

Fimbo77

MX

Thanks for that - unfortunately I have to give the car back after three years or I would keep it - would thoroughly recommend it

bclark

My understanding is that the rule of thumb is that anything over 12000 miles a year makes Diesel the more economical.

Conor_3

Fimbo77 wrote: »

My lease is up for renewal in a few months time. I`ve always driven diesels, but with the price difference between petrol and diesel, I`m tempted to go for a petrol engine. The life-span of the lease is three years and I drive approximately 18,000 miles. Current car is a Peugeot 307 Estate SW.

Any advice??

There speaks a person who hasn't done the maths.

Diesel is approximately 10% higher than petrol BUT diesels are far more than 10% more economical than a petrol. The 2.0L petrol returns a combined of 35.8MPG, the 2.0 HDi 54.3MPG which is ~ 19MPG or more than 50% higher.

So the cost of petrol for 54,000 miles would be £6516. The cost of diesel for 54,000 miles would be £4744. You'll need to factor in the lease payments to see if there's any change but if the lease payments are the same on both, the diesel saves you nearly £1800.

Hintza

Get that spread sheet going workout your monthly lease costs on the cars you are interested in and add the cost of fuel and bobs your uncle as Conor has pointed out.

At the end of the day lease what you are happiest with assuming negligble differences in cost. All things being equal I would choose a petrol every time. (says he who is driving a diesel)