Where Should Fuel Efficiency Rank in Your Car Purchase?
Where should fuel efficiency rank in your car purchase?
If you’re thinking of purchasing a new car, you’ll probably consider a number of factors – including how much fuel it uses and how much you can expect to spend on fuel each month.
At Positive Lending Solutions we have decades of experience in helping people find the best car loan. We have an in-depth knowledge of the Australian car market through our car reviews, which monitor the fuel efficiency of different vehicles.
Questions to ask yourself about fuel efficiency
The importance of fuel efficiency may depend on a variety of factors, many of which will be different based on your specific circumstances. Consider asking yourself the following questions:
- What will the long-term cost and savings be with a fuel-efficient car?
- How frequent will I be using my car each week?
- What type of driving will I be doing in my car?
- How long do I expect to own my car?
- Would I consider an electric or hybrid vehicle in place of a petrol or diesel car?
If you're struggling to decide between cheaper, conventional vehicles, and more expensive, fuel-efficient cars, you should work out how much you would like to spend over the lifetime of your purchase.
To narrow down your search, look at some of our objective reviews of cars that rank well for fuel efficiency.
Fuel-efficient cars in Australia in 2019
Fuel-efficient cars have been growing in popularity in the past decade. Consumers are becoming more and more aware of emissions and the cost of running a thirsty car.
As a result, there are fuel-efficient cars in almost every available style. We’ve rounded up some of these cars in several popular categories.
- Suzuki Ignis. This great city car is very fuel-efficient with around 4.7L/100km. You should expect fuel costs of around $920 per month and the engine is a 1.2 litre four cylinder petrol which cost-effectively gets you from A to B.
- Volkswagen Polo 66TSI. Still classed in the small car category, this model has been popular for years. It has fuel costs of around $970 per month and a thirst of around 4.8L/100km with a powerful engine.
- Mazda CX3 Max. SUVs are enjoying a boom in popularity with more and more families and couples choosing these over standard styles. This is one of the most fuel-efficient SUVs (6.1L/100km), costing around $1190 per month.
- Hyundai Sonata Active: Widely praised for its fuel efficiency, this model from Hyundai has a 2.0 litre four cylinder petrol engine with a thirst of 8.3L/100km and costs of approx. $1610 per month. This is a great option for those needing a medium-sized car.
Thinking long-term
When it comes to getting a car loan, it’s easy to get caught up in initial costs and monthly repayments. Considering the fuel efficiency allows your car to be a long-term investment.
At Positive Lending Solutions we’ll always try to help you strike a balance. We can help you find a fuel-efficient car with low upfront costs and future savings. Get in touch with our team of experienced brokers today.
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Tom Caesar is the Managing Director of The Positive Group, a group of Australian financial services companies offering a broad range of finance to clients Australia wide. The Positive Group assist clients in the areas of car finance, mortgages, insurance & wealth management. Tom has been in car & asset finance for over 10 years. Tom regularly contributes articles on car finance, insurance, technology and business growth, drawing on his experience of starting his own brokerage in 2009.