According to recent reports in the
car news,
diesel
vehicles may not be such an economical idea as they once
were.
The
credit crunch, which has affected both the
used-car market and the
car finance market, is only partly to blame for the rising cost
of diesel.
Diesel cars have become better-designed, causing many buyers to
consider them above cars with petrol engines, largely for economy
reasons.
Refined
diesel engines have better efficiency than many
petrol cars, but higher
fuel prices mean that diesels are less of a good purchase than
they once were. Research by the AA indicates that a new diesel
car buyer would have to drive 43,000 miles to beat the cost of
owning a
petrol car .
Other
car finance news indicates that the amount used-car buyers will
spend on vehicles in the next six months will be lower than that
spent in the previous half a year. Tighter household budgets and
stretched
finances mean buyers have less disposable
income to spend on cars.
