You are here: Home - Saving & Banking - News -

Brits opting for green motors

Written by:

As the nation’s purse strings tighten, Britons buying new cars have lower emission models at the top of their shopping list, according to research by BMW.

However, it is cost, not climate, which is driving demand for more environmentally friendly cars. Three quarters of those surveyed would buy a lower emission car if it meant lower bills in the long run. Six in 10 people say the most important consideration when choosing a lower emissions car is its running cost.

Even in times of financial hardship, people are not prepared to compromise on their driving experience. Asked which areas they would economise on soonest, only 6% said motoring. Instead they selected entertainment (41%), holidays (34%) and household bills (15%).

And the report reveals that when it comes to choosing a lower emission vehicle, the biggest benefit for consumers is less to do with environment (only 13% cited lower emissions as the core reason for purchase), but more to do with lower bills (59%).

To help drivers cut car running costs, BMW suggests checking additional weight in the vehicle, maintaining oil levels for optimum capacity and ensuring tyre pressure is correct as underinflated tyres increase fuel consumption.

Richard Hudson, marketing director for BMW UK, said: “In today’s economic climate we are all looking at ways to save money. This report highlights it’s no different when it comes to cars.

“While cash is of course uppermost in our minds, people also want the highest levels of performance – this is why our technologies have produced a car so powerful, it can achieve 140 mph as well as 70 mpg – as well as delivering lower fuel costs and lower tax.”

Related Posts


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Brits jumping straight back into the red

Almost two out of three people who take out a loan to consolidate their debts go on to borrow more...