Skip to main content

MoneySuperMarket: 49% of British public surveyed have never considered buying EV or Hybrid Car

49% of the of the British public have stated that they have never considered buying an electric car (EC) or hybrid car, according to recent research by MoneySupermarket.com. These findings come from a survey carried out by the comparison site on 1,000 UK car owners to determine whether the British public is prepared for the electric switch following the government’s plans to prohibit petrol and diesel vehicles by 2040. It examined the cost, the number of charging points and public opinion.
November 7, 2017 Read time: 3 mins
49% of the of the British public have stated that they have never considered buying an electric car (EC) or hybrid car, according to recent research by MoneySupermarket.com. These findings come from a survey carried out by the comparison site on 1,000 UK car owners to determine whether the British public is prepared for the electric switch following the government’s plans to prohibit petrol and diesel vehicles by 2040. It examined the cost, the number of charging points and public opinion.


Key findings showed 51% of people stated that price is currently the biggest barrier to them buying an electric or hybrid vehicle. 48% said they would switch if there were more charging points. Meanwhile, 30% said they wouldn’t buy either vehicle due to a lack of knowledge on how they work. In addition, 62% of people were unaware that the Government offers discounts and grants on purchasing an EC or hybrid vehicle.
 
An average for each fuel type was taken of three of the top-selling cars from petrol, diesel and electric. Data for the upfront costs of each of the nine vehicles were taken from their brand’s site as well as costs of servicing, road tax and MOT prices. The lifetime was measured as six years with the average mileage of 7,900 miles a year entered onto the site nextgreencar.com to determine the fuel costs. The results showed the total costs for diesel is £36,849 ($48,279), compared to £31,442 ($41,210) for electric and £26,766 ($35,082) for petrol. The overall costs for each model were made into three separate averages, which revealed that purchasing petrol cars is over £5,000 ($6,553) cheaper on average than electric cars, and £9,000 ($11,799) less than buying diesel vehicles. The running costs of ECs are 25% cheaper than petrol and 33% less than diesel.

Models used in the test include:  Ford Fiesta Style (Petrol), Volkswagen Golf (Petrol), Ford Focus (Petrol), Skoda Superb Estate (Diesel), Vauxhall Astra Hatchback (Diesel), BMW 3 Series Saloon (Diesel), Renault Zoe Signature (Electric), Nissan Leaf Acenta (Electric) and BMW i3 (Electric).
 
The running costs over lifetime (annual) show that the cost of MOT’s and servicing over the average lifetime of an EC is half of both petrol and diesel vehicles. While EC users have the highest average insurance premium, they save money each year from paying no road tax. Additionally, the average fuel cost for ECs is £394 ($516) a year whereas the cost for both petrol and diesel are £700 ($917).
 
Data collected on the number of EC charging points available to drivers in UK cities revealed that while London performed well with 210 charging points in Central London, Liverpool and Cardiff had fewer than 10.
 
A full copy of the research can be found on the %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external website false https://www.moneysupermarket.com/car-insurance/electric-car/the-cost-of-driving-green/ false false%>.

Related Content

  • June 5, 2018
    A third of Brits willing to pay more to purchase electric cars
    Over a third of the British public would be willing to pay more for a fully electric car than a petrol or diesel vehicle, said Baringa Partners. However, the business consultancy’s latest report also highlighted 35% of respondents think these vehicles are worse value for money. Called Is the UK ready for electric cars?, the document revealed 68% of respondents are willing to pay more for an electric car for its environmental benefits. Meanwhile, nearly half based their decision on the belief that electri
  • October 31, 2018
    Less than 1% of UK drivers aware of hacking threats – new research
    Nearly all UK drivers with keyless technology are unaware of the major digital threats posed by hackers, according to research conducted by MoneySuperMarket. The study reveals that 99% of drivers are unaware of security flaws such as phone phishing, where hackers send emails to drivers which contain malicious links that connect to a car’s Wi-Fi features and take control. MoneySuperMarket says 16% of drivers - or someone they know - have experienced car hacking. Also, eight out of 10 drivers do not k
  • November 2, 2017
    Moneybarn: 1,800% increase in UK electric car registrations over five year period
    Nearly 10,000 electric cars are now registered in the UK with Japanese and German manufacturers dominating most popular brands in the UK, according to a five-year analysis on the development of the Electric vehicle industry by Moneybarn. These findings have been revealed following the government’s plan to ban the sale of all petrol and diesel vehicles from 2040.
  • October 18, 2018
    Fifth of UK drivers ‘will switch to electric’ for next car
    More than a fifth of UK drivers are planning to switch to an alternative-fuelled vehicle for their next purchase, according to new research. AA Cars says 22% of respondents to its Populus poll of more than 20,000 drivers will go for electric or hybrid vehicles – a massive jump from the 2% who currently drive an ‘eco-friendly’ car. AA Cars, which is the used car arm of the AA motoring organisation, has seen a 470% increase in people searching for used hybrid and electric vehicles on its website since 2