Fleet News

Fuel efficiency becomes most important consideration when looking for a new car

Fuel economy is now the most important factor motorists take into consideration when hunting for their next car, according to ContractHireAndLeasing.com.

A survey of 398 web users, consisting of a mix of business and personal car leasing customers, found that fuel economy was rated as very important by almost half (47%) of respondents.

This even beat fuel type (diesel or petrol car etc.) as a consideration, which just 35% rated as a very important consideration, taking second place. VED rate, which is determined by CO2 emission level, came in third place, rated as very important by 27%.

In contrast, the colour of the vehicle was deemed to be the least important factor by 11% of respondents.

Other options included Benefit-in-Kind rate, transmission, CO2 emission level, performance, standard spec and quick delivery.

That fuel economy should top all of these shows how consumer focus is shifting, helping to push the car industry to new heights of efficiency.

According to Society of Motor Manufacturers and Traders (SMMT), the fuel economy of the average new car registered in the UK so far in 2014 is now 57.4mpg compared to 54.5mpg just two years ago in 2012, showing how economy figures are creeping up.

ContractHireAndLeasing.com's managing director Dave Timmis said: "Motorists are savvy and are looking for cars which won't squeeze their wallets when they get to the pump.

"This is becoming the most important consideration to consumers as they are aware of the ever-increasing price of a litre of fuel and are expecting more and more from their cars.”  

 

 

Very Important

Somewhat Important

Not Very Important

Not at all Important

Not applicable

Fuel Type

35%

45%

15%

3%

2%

Fuel Economy

47%

42%

9%

1%

1%

CO2 Emissions

22%

42%

24%

10%

2%

VED Bands

27%

42%

22%

6%

3%

Benefit-in-Kind

14%

31%

29%

9%

17%

Transmission

26%

45%

21%

6%

2%

Colour

16%

42%

29%

11%

2%

Performance

25%

53%

16%

4%

2%

Stand spec

24%

52%

19%

3%

2%

In Stock/Quick Delivery

26%

50%

19%

3%

2%

 


 


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Comments

  • Steve Clarke - 23/07/2014 12:42

    Our customers have been telling us for some time that the wholelife cost of running their fleet is now more important than then cost of each individual vehicle. That's why we have developed a wholife cost comparison service.

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