Car Leasing News & Blog

New logo - same fantastic service

New logo - same fantastic service You may notice our logo has had a refresh - we hope you like it as much as we do! Other than the logo, nothing here at LGC has changed - ... Read More

Cold-Weather Tips for EV Drivers

Cold-Weather Tips for EV Drivers   As we race towards Autumn and Winter we thought it would be a good idea to share some tips on how to make the most of your electri... Read More

How to keep your car healthy this autumn.

How to keep your car healthy this autumn. Autumn has arrived and in just a few short weeks the clocks will go back an hour. This is a perfect time of year to give your car a littl... Read More

Her Majesty Queen Elizabeth II

Her Majesty Queen Elizabeth II Her Majesty Queen Elizabeth II 1926 - 2022 Please note that as a mark of respect our office will be closed on Monday 19th Septe... Read More

Read a first time all-electric driver's story

Read a first time all-electric driver Martin has leased cars for a number of years and decided that when his lease was coming to an end in 2022 he would take the 'leap' and... Read More

Petrol vs electric cars - a running cost comparison

Petrol vs electric cars - a running cost comparison With the price of fuel big news right now and prices rising higher by the week, we thought it would be interesting to look at how much it costs to ... Read More

The Nissan Leaf - a Little Green Car Leasing Review

The Nissan Leaf - a Little Green Car Leasing Review The Nissan Leaf was first launched in 2010, it was a great success and helped to bring electric cars to the masses. In 2018, the new version w... Read More

OVL Group Fundraiser for Ukraine

OVL Group Fundraiser for Ukraine I am sure you have, like me, watched the unfolding crisis in Ukraine with a mix of anger, sadness and horror. It is reported that over 2.5 million ... Read More

THE LGC REVIEW OF THE POLESTAR 2

THE LGC REVIEW OF THE POLESTAR 2 The LGC team were very pleased to have a  Polestar 2 Fastback 170kWh Long Range (Single Motor 5 door auto) on demo recently - it was enjo... Read More

New electric cars for 2022

New electric cars for 2022 2022 looks set to be a year of exciting electric vehicle launches from many of the major manufacturers. Some of the models we are most ex... Read More

Petrol vs electric cars - a running cost comparison

Share

02/08/2022

Petrol vs electric cars - a running cost comparison

With the price of fuel big news right now and prices rising higher by the week, we thought it would be interesting to look at how much it costs to run an electric car vs a petrol car.

Here’s a roundup:

Just over 4.5 litres makes up a UK gallon 

If your car’s MPG is 40, this means you can drive 40 miles for every gallon of fuel in your tank (or just over 4.5 litres)

A Vauxhall Corsa 1.2’s real life MPG is around 40 MPG

The average cost per litre of fuel at the time of writing this is  £1.90 per litre (we’ve rounded this up to keep things simple.)

£1.90 (per litre) x 4.5 (litres) = £8.55

So in your Vauxhall Corsa 40 miles will cost you approximately £8.55. That’s 21pence per mile. 

Let’s now look at an equivalent all electric car 

The E-208 all electric from Peugeot. 

The electric cost per mile on this vehicle is worked out at 6.83p

So, 40 miles would cost you approximately £2.73

£5.82 less than the petrol Corsa. 

Also, it’s worth remembering all electric cars have zero road tax, another saving.

Assuming you are covering 10,000 miles a year then you would spend

Petrol - £2,100

Electric – £683

Saving - £1,417 per year - £118 per month towards your lease.

These savings on fuel and road tax certainly go some way towards paying for your monthly leasing cost and if you are able to charge your car mostly for free or from a renewable energy source (solar panels for example) you may even find your leasing costs are covered entirely by fuel savings.  

Contact us today if you’d like any advice on your next lease car - email sales@littlegreencarleasing.com or call 01491 615500