Many Australians opt to buy a new vehicle, whether for business or work or family needs. There are so many models to choose from and a lot of things to take into account. This makes the car selection process a bit time-consuming, not to mention the car loan rates which are also important when buying a new car.
Fuel efficiency is a feature of a new car means that the further you can drive every 100 kilometres, the more money you will save on petrol.
One of the main considerations when buying a new car is its fuel efficiency. It refers to the distance that you can travel on a certain amount of fuel. This feature of a new car means that the further you can drive every 100 kilometres, for instance, the more money you will save on petrol. Not only is it relevant in reducing the impact to the environment through lower greenhouse gas emissions and air pollution, it signals significant savings in the long run. But how can you tell if a car is fuel-efficient before you buy?
Fuel Consumption Label
Cars, four-wheel drives, as well as light commercial vehicles available in Australia should display a Fuel Consumption Label which indicates the running costs and emissions performance of the vehicle. You will see figures that show the number of litres of fuel needed to drive 100 kilometres, as well as emissions of carbon dioxide (in grams) per kilometer. Bear in mind that the lower the figures are, the better.
However, for cars which were manufactured from 2004 onwards, you can check their fuel efficiency information at the GreenVehicleGuide. If you’re looking at cars which were made between 1986 and 2003, you can check the fuel consumption guide database.
Petrol vs. Diesel
While petrol is the preferred fuel choice in Australia, diesel is getting more and more popular. In general, engines running on diesel are more fuel-efficient since they use compression ignition that leads to a more efficient fuel-burn.
Compare car models
It pays to do a lot of research to know which vehicles are fuel-efficient and suitable for your needs and preferences. You can check the websites of car manufacturers as well as comparison sites so you can compare their offerings and come up with a more informed decision.
While checking car models, you may also want to compare car loans. Both are essential components when it comes to buying a new car. You can check car loan rates and even use a car loan calculator so you will have an idea on how much money you will need for repayments.
Got other ideas on fuel efficiency, car loan rates, and how to compare loans? Share your tips in the comments section.