Petrol and diesel cars: Ban on sales brought forward to 2030
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Diesel models still account for a third of second-hand car sales with one in three who initially want a petrol model deciding to switch to diesels before purchasing. BuyaCar says their analysis shows motorists are not fazed by proposals to ban petrol and diesel cars by 2030 with many still not looking to switch to electric models.
They say drivers are interested in the greater fuel efficiency and lower fuel bills associated with diesel cars when compared to petrol models.
Analysis form BuyaCar found drivers consistently chose to pay more for a diesel model to desperately secure one.
Diesel models sold by the group went for an average of £15,400 in January in values £3,600 higher than the average petrol sale.
Christofer Lloyd, spokesperson for BuyaCar said diesel models continue to “make economic sense” for many drivers.
He said drivers still understood the higher price is “more than made up for” in less frequent stops.
Mr Lloyd said: “While it’s no surprise that diesel retains a loyal core fanbase we were interested to see how many of our customers arrive looking for a petrol car but end up ordering a diesel.
“Any initial suspicion that this might be because diesels are generally out of favour and therefore offered more cheaply is quickly dispelled by the fact that a typical diesel sold on BuyaCar.co.uk is significantly more expensive than a petrol variant.
“This mirrors the fact that diesel models typically cost more than petrol equivalents when new.
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“Of course, diesel continues to make economic sense for a large proportion of the motoring population who clearly understand that the initial price premium is more than made up for by less frequent stops at the pump for those who cover reasonably high mileages.
“And although this is the final decade of the new internal combustion engine in Britain and many other places in the world, those benefits clearly outweigh any concerns that their cars may eventually depreciate more quickly as the date for phasing out new ones approaches.”
The results come just weeks after Heycar also reported an increase in interest for used diesel cars by 23.2 percent in 2020.
Fresh data from AutoTrader also revealed interest in petrol and diesel cars were 74 times higher than electric models.
The data revealed nine out of ten car buyers looked for models with Internal Combustion Engines (ICE) instead of electric vehicles.
Ian Plummer, spokesperson for AutoTrader told Express.co.uk drivers were “sticking to what they know”.
He said: “Whilst we saw an upswing in interest for EVs throughout 2020, this didn’t necessarily convert to sales, whereas interest in diesel and petrol vehicles has continued to boom during the pandemic.
“In fact, last month, there was an enormous 200 million advert views for diesel and petrol vehicles combined, compared to just 2.7million views for electric.
“It just shows that people are sticking to what they know during these unprecedented times.”
The picture is slightly different in the new car market with drivers turning away from traditional models in their droves.
SMMT sales data from 2020 showed sales of diesel models dropped by 55 percent last year with petrol sales also down by 39 percent.
Meanwhile, interest in battery-electric cars soared by over 185 percent last year with plug-in hybrid sales also up by over 90 percent.
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