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Post by racingteatray on Feb 25, 2022 11:00:43 GMT
I haven't looked at the price of petrol at our local Esso yet but it was £1.50 last time I looked about two weeks ago, and it does seem to be skyrocketing.
On the French autoroute on Monday, I saw EUR2.2 for petrol at one point (happily I found somewhere on an RN knocking out 95 at a more palatable EUR1.8). I also managed my first three-figure fill-up since I had the 500E (which had a 90 litre fuel tank), squeezing in CHF105's worth near Lugano at CHF1.8/litre (about £1.45/litre).
Mildly eye-watering. Last year it was £1.10-£1.15 per litre.
At what point would you re-consider your choice of car if fuel prices stayed at these levels or worsened?
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Post by PetrolEd on Feb 25, 2022 11:45:27 GMT
Super was 169.9p on Monday when I filled up.
How long can I keep running a car at 20MPG at those prices? Not Long
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Post by rodge on Feb 25, 2022 12:04:55 GMT
Premium is €1.91 in some places here now. Regular is €1.80
Diesel is roughly the same. Thankfully my car is not thirsty and I get a fuel allowance of a few tanks a month so it won’t hit my pockets too hard.
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Post by Martin on Feb 25, 2022 12:09:32 GMT
The most I've paid for Super Unleaded this year is 157.9p, last fill up was 151.9p. With the use the Golf gets (quite a high % motorway/longer runs) it averages c35mpg so while it's a lot more expensive that it used to be, it's not too bad at just under 20p/mile. Diesel isn't far off the same cost, 150p is the lowest I've paid this year and my car does c28mpg, which is around 24p/mile. About half my mileage is for business, but the HMRC rates are 16p/15p (RR/Golf) which means I'm funding 30% of them.
Taking the total litres I've put in over the last 12 months at the current fuel cost, that's £6,500 a year. I'd get £2,000 back through expenses, so still nearly £400 a month and that's assuming costs don't go up.
Having thought about it, I've decided it's better not to think about it! But to answer to your question about re-considering, we're some way off that point at the moment. However, when the time comes to change, I will take fuel costs into account when figuring out a budget/comparing options, but it won't be top of the list of factors as the variance between options will (hopefully....) be relatively small compared to the other costs.
I suppose another question could be, is anyone driving with a bit more thought to economy due to the current fuel prices?
Edit: I assume you know what the real world MPG of a Macan will be? A know someone who was horrified when he moved from an F80 M4 to a Macan Turbo.
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Post by Blarno on Feb 25, 2022 12:28:27 GMT
I filled the van up at services on the M1 last week and it cost me £1.71 per litre. Thankfully it was on the company fuel card.
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Post by LandieMark on Feb 25, 2022 12:34:42 GMT
Difficult question to answer. The truck does 28mpg the way I use it and I don't do massive mileage, so will bear the increased costs. If it suddenly doubles then I may have to look at changing to something electric, but even then, the costs to change have to be considered as do electricity costs.
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Post by johnc on Feb 25, 2022 12:34:49 GMT
I filled up last night at 167.9p for VPower which brought a tear to my eye. When I am on a longer journey the car settles in to an easy 30mpg and up to 35mpg on A roads which is easily OK especially since I still really enjoy driving it. Around town though it averages between 18 and 20mpg depending on the weather/traffic density. If I was in the town all the time I might start to wonder but I am not yet at the point of surrendering my wonderful V8 - what on earth would I replace it with?
Charging the EV is becoming more of an issue. We used to pay 16p kWh which cost about £12 to fill it up from nearly empty. Our new electricity tariff is now 27.838p/kWh which means it will cost c£21 for the same fill up and maybe 200 miles driving in decent conditions (we measured it last week when it was cold and the heater, heated seats, heated steering wheel and rear windows were all on and it only did about 160 miles over the week on the daily commute etc). At the 160 mile range that gives the equivalent of about 50mpg and about 66mpg if it does 200 miles. Those are the kind of figures a decent diesel could do.
However according to the emails we have been receiving from the charging companies about the price to charge up on the road, some of them are as much as 69p/kWh which would make the EV less economical that the M5 around town and nearly twice as thirsty on the motorway or any other long journey!
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Post by Martin on Feb 25, 2022 12:40:02 GMT
I filled up last night at 167.9p for VPower which brought a tear to my eye. When I am on a longer journey the car settles in to an easy 30mpg and up to 35mpg on A roads which is easily OK especially since I still really enjoy driving it. Around town though it averages between 18 and 20mpg depending on the weather/traffic density. If I was in the town all the time I might start to wonder but I am not yet at the point of surrendering my wonderful V8 - what on earth would I replace it with? Charging the EV is becoming more of an issue. We used to pay 16p kWh which cost about £12 to fill it up from nearly empty. Our new electricity tariff is now 27.838p/kWh which means it will cost c£21 for the same fill up and maybe 200 miles driving in decent conditions (we measured it last week when it was cold and the heater, heated seats, heated steering wheel and rear windows were all on and it only did about 160 miles over the week on the daily commute etc). At the 160 mile range that gives the equivalent of about 50mpg and about 66mpg if it does 200 miles. Those are the kind of figures a decent diesel could do. However according to the emails we have been receiving from the charging companies about the price to charge up on the road, some of them are as much as 69p/kWh which would make the EV less economical that the M5 around town and nearly twice as thirsty on the motorway or any other long journey! That's starting to shock a lot of people who were initially rubbing their hands with glee at the company car tax saving. Made even worse by them only being able to claim 5pm a mile for business journeys. I do try and sound a little sympathetic.... I'd dropped any idea of replacing the Golf with something electric through the salary sacrifice scheme due to range/charging issues anyway, but if I hadn't, rising electricity costs would have put me off.
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Post by Big Blue on Feb 25, 2022 13:14:19 GMT
Having gone from 19mpg average to 35mpg average one could argue I’ve made that choice already. This is one of those difficult questions like how much would fags need to be before you gave up smoking. I remember a guy on the radio years ago saying he’d give up immediately if they were £5 a pack. They’re over £10 a pack now so I wonder at what point he gave up…….
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Post by Tim on Feb 25, 2022 13:19:57 GMT
....I've decided it's better not to think about it!.... This. In real terms I don't think, say, £2/litre would really make a huge difference. One potential benefit of increased fuel prices could be a drop in the price of cars with a big engine thus making my next 370Z more affordable
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Post by racingteatray on Feb 25, 2022 14:18:30 GMT
The most I've paid for Super Unleaded this year is 157.9p, last fill up was 151.9p. With the use the Golf gets (quite a high % motorway/longer runs) it averages c35mpg so while it's a lot more expensive that it used to be, it's not too bad at just under 20p/mile. Diesel isn't far off the same cost, 150p is the lowest I've paid this year and my car does c28mpg, which is around 24p/mile. About half my mileage is for business, but the HMRC rates are 16p/15p (RR/Golf) which means I'm funding 30% of them. Taking the total litres I've put in over the last 12 months at the current fuel cost, that's £6,500 a year. I'd get £2,000 back through expenses, so still nearly £400 a month and that's assuming costs don't go up. Having thought about it, I've decided it's better not to think about it! But to answer to your question about re-considering, we're some way off that point at the moment. However, when the time comes to change, I will take fuel costs into account when figuring out a budget/comparing options, but it won't be top of the list of factors as the variance between options will (hopefully....) be relatively small compared to the other costs. I suppose another question could be, is anyone driving with a bit more thought to economy due to the current fuel prices? Edit: I assume you know what the real world MPG of a Macan will be? A know someone who was horrified when he moved from an F80 M4 to a Macan Turbo. You can be sure that I thought about it. Porsche’s V6s are for some reason nowhere near as fuel-efficient as BMW’s straight-six.
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Post by Martin on Feb 25, 2022 15:30:06 GMT
The most I've paid for Super Unleaded this year is 157.9p, last fill up was 151.9p. With the use the Golf gets (quite a high % motorway/longer runs) it averages c35mpg so while it's a lot more expensive that it used to be, it's not too bad at just under 20p/mile. Diesel isn't far off the same cost, 150p is the lowest I've paid this year and my car does c28mpg, which is around 24p/mile. About half my mileage is for business, but the HMRC rates are 16p/15p (RR/Golf) which means I'm funding 30% of them. Taking the total litres I've put in over the last 12 months at the current fuel cost, that's £6,500 a year. I'd get £2,000 back through expenses, so still nearly £400 a month and that's assuming costs don't go up. Having thought about it, I've decided it's better not to think about it! But to answer to your question about re-considering, we're some way off that point at the moment. However, when the time comes to change, I will take fuel costs into account when figuring out a budget/comparing options, but it won't be top of the list of factors as the variance between options will (hopefully....) be relatively small compared to the other costs. I suppose another question could be, is anyone driving with a bit more thought to economy due to the current fuel prices? Edit: I assume you know what the real world MPG of a Macan will be? A know someone who was horrified when he moved from an F80 M4 to a Macan Turbo. You can be sure that I thought about it. Porsche’s V6s are for some reason nowhere near as fuel-efficient as BMW’s straight-six. Nor BMWs V8's, as I could quite easily get 40mpg out of mine if I didn't go above 80mph. I don't know about the 2.9s, but the pre facelift cars would struggle to get into high 20s on the motorway
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Post by racingteatray on Feb 25, 2022 16:03:28 GMT
I don't think the 2.9 in the new GTS is meaningfully more fuel efficient than the old 3.0 or 3.6.
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Post by Martin on Feb 25, 2022 16:37:14 GMT
I don't think the 2.9 in the new GTS is meaningfully more fuel efficient than the old 3.0 or 3.6. It will demand the decent stuff as well, which I don't think you put in the BMW? Not being negative BTW, I still think you should follow through on the order!
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Post by racingteatray on Feb 25, 2022 17:21:40 GMT
Yes, I think it requires 98 which the BMW does not (it says 95 on the inside of the fuel filler cap). It gets a tankful now and again, but not on a regular basis.
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Post by johnc on Feb 25, 2022 17:33:03 GMT
Given the lowish number of miles you do, the annual cost is relatively low.
At 25mpg, 6,000 miles would cost you c £1,526 at £1.40/litre and £2,181 at £2/litre = £55/mth extra At 25mpg, 8,000 miles would cost you c £2,035 at £1.40/litre and £2,908 at £2/litre = £73/mth extra
I am quite sure that such sums would not sway you from your buying decision
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Post by racingteatray on Feb 25, 2022 17:40:54 GMT
I had a look on Parkers, and it has the latest Macan GTS down as 24-25mpg, and a 440i GC down as 34-35 (which the new M440i xDrive does not apparently better). For comparison, an X3 M40i (ie broadly the drivetrain of my car in an SUV) is down as getting 31mpg.
Not sure why Porsche isn't capable of the same efficiency.
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Post by racingteatray on Feb 25, 2022 17:42:18 GMT
Given the lowish number of miles you do, the annual cost is relatively low. At 25mpg, 6,000 miles would cost you c £1,526 at £1.40/litre and £2,181 at £2/litre = £55/mth extra At 25mpg, 8,000 miles would cost you c £2,035 at £1.40/litre and £2,908 at £2/litre = £73/mth extra I am quite sure that such sums would not sway you from your buying decision Would you squeak if told your insurance premium was going up by the thick end of £900 per year?
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Post by rodge on Feb 25, 2022 17:47:05 GMT
Given the lowish number of miles you do, the annual cost is relatively low. At 25mpg, 6,000 miles would cost you c £1,526 at £1.40/litre and £2,181 at £2/litre = £55/mth extra At 25mpg, 8,000 miles would cost you c £2,035 at £1.40/litre and £2,908 at £2/litre = £73/mth extra I am quite sure that such sums would not sway you from your buying decision Would you squeak if told your insurance premium was going up by the thick end of £900 per year? That’s a really interesting point. The price of fuel going up isn’t the same as insurance going up- is it a psychological thing? Insurance must always be cheaper because they ‘teach’ people to expect that as they drive more?
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Post by Martin on Feb 25, 2022 18:01:18 GMT
Given the lowish number of miles you do, the annual cost is relatively low. At 25mpg, 6,000 miles would cost you c £1,526 at £1.40/litre and £2,181 at £2/litre = £55/mth extra At 25mpg, 8,000 miles would cost you c £2,035 at £1.40/litre and £2,908 at £2/litre = £73/mth extra I am quite sure that such sums would not sway you from your buying decision Some good man maths there John, making 25mpg the baseline and using the diet petrol so it doesn't look like a doubling of the current fuel cost
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Post by Martin on Feb 25, 2022 18:08:49 GMT
Would you squeak if told your insurance premium was going up by the thick end of £900 per year? That’s a really interesting point. The price of fuel going up isn’t the same as insurance going up- is it a psychological thing? Insurance must always be cheaper because they ‘teach’ people to expect that as they drive more? I guess it depends on whether you pay your insurance in a lump sum or monthly. When your £900 insurance renewal is £1800, that's going to hurt, but when you only fill up 1-2 times a month and the cost is an extra £40 each time it doesn't feel quite as bad. I hate filling up and always try and use pay at pump to lesson the pain. But the only way of doing that in my car now (due to the £99 limit) is to fill up when there is 70-80 miles range, which would mean a range of around 350 miles and more trips to the petrol station...... My last two visits have cost £114 and £111 and I wasn't down to fumes. Go back a year and it would have been £80-85 for the same amount of fuel.
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Post by Martin on Feb 25, 2022 18:24:04 GMT
I had a look on Parkers, and it has the latest Macan GTS down as 24-25mpg, and a 440i GC down as 34-35 (which the new M440i xDrive does not apparently better). For comparison, an X3 M40i (ie broadly the drivetrain of my car in an SUV) is down as getting 31mpg. Not sure why Porsche isn't capable of the same efficiency. Blame Audi. The RS5 Sportback with the same 2.9 engine has an official MPG of 28.5mpg, so a similar difference between 440-X3 and RS5-Macan. I've looked back and the official MPG for my 750i was 34mpg, I averaged 31.5mpg over 50k miles. Maybe Efficient Dynamics isn't as ridiculous as it sounds!
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Post by ChrisM on Feb 25, 2022 18:47:47 GMT
Over the past week and a bit, petrol and diesel has gone up about 6p per litre around where I live. Prices on the motorway are horrific, about 15p per litre more than the local stations, and there's not much (if any) savings to be had from buying at the supermarkets at the moment. Some nearby areas have even more expensive fuel but I noted 2 weeks ago when I went to Watford that fuel prices there were about 6p per litre cheaper than round my way, so there seems to be considerable variation by area
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Post by Deleted on Feb 25, 2022 19:11:17 GMT
Bess gets the 97 rated stuff. At the miles I do though, not going to make that much of an impact seeing as I use about £20 worth every three weeks or so. When she is fettled it might make a change.
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Post by Stuntman on Feb 25, 2022 20:13:31 GMT
All of my cars get the Super, but thankfully I my annual mileage isn't that high these days despite working in my company's Head Office 5 days per week. I do about 8,000 miles per annum across the 3 cars at an average of about 20 mpg. So 400 gallons per annum, or about 1850 litres per annum.
So let's say it costs me an additional £1000 per annum now at the higher fuel prices. I will have to tighten my belt in other areas, but it won't make me consider selling any of my cars and replacing with something more economical.
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Post by bryan on Feb 25, 2022 20:27:47 GMT
Super was 169.9p on Monday when I filled up. How long can I keep running a car at 20MPG at those prices? Not Long Costco Super is currently £1.46 a litre, E10 was £1.38....it pays to be a member
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Post by PG on Feb 28, 2022 13:34:50 GMT
The way prices are going reminds me of when I went from my 3.0 petrol X Type to the 2.2 diesel. Within 6 months of changing, the fuel use difference had been wiped out by fuel price rises.
The Mini shows 40mpg (on the trip). The XFR is currently SORN as I'm not going to be going anywhere the next few months.
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Post by ChrisM on Feb 28, 2022 18:14:58 GMT
On my way to work this morning, I noticed that most garages have increased prices by 1p/litre over the week-end :-(
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Post by Tim on Mar 1, 2022 12:31:04 GMT
Over the past week and a bit, petrol and diesel has gone up about 6p per litre around where I live. Prices on the motorway are horrific, about 15p per litre more than the local stations, and there's not much (if any) savings to be had from buying at the supermarkets at the moment. Some nearby areas have even more expensive fuel but I noted 2 weeks ago when I went to Watford that fuel prices there were about 6p per litre cheaper than round my way, so there seems to be considerable variation by area There's always been that sort of % difference between motorway fuel and more local suppliers.
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Post by Boxer6 on Mar 1, 2022 13:04:23 GMT
I just paid 149.9ppl for diesel at our local Tesco. That's gone up 10ppl since I got the car in October, with a dip down to 142.9ppl around Christmas.
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