A quiz: Fuel duty

What’d be your estimate, without thinking too hard about it, for the annual saving per car, for an average family, resulting from a 1p fall in fuel duty?

Sorry, meant to put this in the chat forum

£20

£20 ish p/y assuming £50 a week on fuel…

0 – the petrol stations would see it as a good excuse for the price of oil to suddenly rise 😉

Ballpark averages 10K miles/year, 30mpg = about 330 gallons/year, 1500ish litres, so £15?

It pretty much depends on the supermarkets in your local area, if their pricing strategy is purely margin based then they’ll pass on the saving, if they’re working on a volume/margin weighting then the chances are that the local market will return to the highest sustainable price after a period of time(which tbh is largely irrevent of fuel duty, that just sets the minimum while maintaining margin)

It’s about £10. Average mileage per car is about 8500 (government travel survey stats). So if you take average MPG to be 40mpg ish, the average car is filled with something in the order of 900-1000 litres a year.

Which makes it weird how much focus there is on this particular “cost of living” measure.

Which makes it weird how much focus there is on this particular “cost of living” measure.

and even weirder are those folk who hunt around for the best price to save… 15p? per week?

yeah, i gave up on seeking out cheap fuel years ago (apart from not filling up at motorway service stations)

30mpg = about 330 gallons/year,

😯

The 90s what theire car back.

It’s about £10. Average mileage per car is about 8500 (government travel survey stats). So if you take average MPG to be 40mpg ish, the average car is filled with something in the order of 900-1000 litres a year.

You put too much thought into it.

The 90s what theire car back.

That’s for a fast car Drac, not yours.

Having just spent the last week in Italy, prices in the UK are a fair bit cheaper.
We’re still using a tank of diesel from the beginning of June, so price doesn’t really worry me.

That’s for a fast car Drac, not yours.

Oh

and even weirder are those folk who hunt around for the best price to save… 15p? per week?

The difference between buying at the most expensive place and the cheapest place for me locally would be just over £800 / year.
Admittedly I do a lot of miles 🙂

In that case… put 20p / L on fuel and scrap road tax.

I caught myself driving a mile and a quarter to get Sainsburys fuel. Thats a fair bit of fuel from cold in a 3 litre petrol.

If I do have to drive to work I now pop in to the 3p per litre more expensive BP garage I drive past on the way. I still get my Nectar points too 😀

In that case… put 20p / L on fuel and scrap road tax.

That would more than quadruple what I pay now for VED.

8500 per annum?

Between my wife and I we do about 45-50k, so about 3 times that number each.

resulting from a 1p fall in fuel duty

A 1p/litre rise in oil company profits. Won’t be a saving to you.

8500 per annum?
Between my wife and I we do about 45-50k, so about 3 times that number each.

So you currently total 100k miles ?
Which at 45mpg would cost you something like £7000 / year.

And you think you could save £8500 / year with a 1p drop in duty 😉

And you can bet that the same people who are concerned about cost of living drive at 80mph on the motorway rather than 70mph. This can make a good 5-6mpg difference on fuel economy (60/70miles per tank). At 12-15p a litre real term cost, that can be £9-£10 a tank cost saving. Probably somewhere between £150 and £250 a year saving dependent on mileage.

neal – think he was more questioning the 8500mile average figure the government survey says.

we did an extrordinary milage this year – but we did drive round europe to the alps and back for summer holidays. lucky if we do 5k PA inc going to bike races.

“And you can bet that the same people who are concerned about cost of living drive at 80mph on the motorway rather than 70mph. This can make a good 5-6mpg difference on fuel economy “

depends on the car – my van returns 42mph calculated regardless of the speed – it tops out at 81 though. – on french tollroads mind.

what makes more difference is not doing short journeys or lots of stop start/sitting in traffic taking tarquin on the school run.

depends on the car – my van returns 42mph calculated regardless of the speed

Something wrong with your trip computer!

whats a trip computer ?

your car has too many fancy electrics – maybe they work harder and use more fuel when you get up to speed.

old school diesel thumper technology has its uses. reliably predictable fuel consumption being one- wether im doign 30 through town or 81 down the french toll roads based on a brim to brim vs milage calculation i get between 40-45 mpg – a margin of error im happy to take as being the difference between different fuel pumps because its not always the slower speeds that yeild the highest return.

the other thing people who moan about fuel prices neglect to take into account is servicing cars…. a good service , new oil ‘& filters can make your car more economic.

what makes more difference is not doing short journeys or lots of stop start/sitting in traffic taking tarquin on the school run.

Is that one of those Nissan Crossovers then?

8500 per annum?

Between my wife and I we do about 45-50k, so about 3 times that number each.
So an exceptional case, and you’d save £45 each. Or about 2 days worth of fuel. It’s not the big saving you’d think given how much political attention it gets, but then I suppose it’s a very obvious, very measurable cost and it’s very easy to change suppliers, unlike gas/electricity. You don’t get the price of a loaf of bread advertised outside every shop as you drive past it, and you can’t decide that British Gas are 2p cheaper this week so you’ll use them instead of EDF.

I bet that 100k a year is primarily business mileage which you are reimbursed for!

I bet that 100k a year is primarily business mileage which you are reimbursed for!

I do at least that every year, and it’s mostly business mileage.

But I own the business so it still comes out of my pocket.

Although getting the VAT back does take the sting out of it a little 🙂