With diesel passing £2 a litre, swapping into something more economical sounds like an obvious money-saver. Before spending thousands to cut your fuel bill, work out whether the savings will ever recover the cost of changing cars with our Exclusive Calculator!
Diesel has reached £2 a litre. Filling a 55-litre tank now costs around £110. At this rate, the petrol station should be offering finance, counselling and a free vomit bag. Faced with a bill like that, the obvious thought is that you need a more economical car. Some drivers could save more than £1,000 a year by changing cars. Others could spend £5,000 to save £300 annually and still be waiting to recover the difference sixteen years later. Before panic-buying a replacement, you need to ask a more useful question: will changing your car actually leave you better off?
