These are the UK’s cheapest and most expensive cars to drive

Looking for a new set of wheels? Want to know the UK’s cheapest cars to run? Well, here’s what some recent research tells us about running costs.

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

Road trip. Father and son travelling together by car

Image source: Getty Images

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.

Read More

The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of personal advice. Investments in a currency other than sterling are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in sterling terms. You could lose money in sterling even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.

Have you ever wondered which cars are the cheapest to run in the UK? Well, the latest research by Uswitch gives us the answer. Let’s break down what the study shows so you can see how your car stacks up against the competition. 

[top_pitch]

Calculating running costs

To help shoppers choose a car they can afford, Uswitch worked out the average running costs of 100 cars on UK roads. So, while it’s not a list of all cars in the UK, it includes the most popular cars based on the number of active registrations. To calculate the average running costs, Uswitch identified:

  • number of miles per gallon
  • average cost per mile 
  • annual fuel cost
  • annual insurance and breakdown cover cost
  • average yearly car maintenance cost
  • first year road tax cost

Combined, these figures give us the average cost of running different UK vehicles and help us identify the cheapest cars to run.

The most expensive cars to drive in the UK

Do you own one of the most expensive cars to run in the UK? Well, here’s what the research tells us. 

  • Land Rover’s Range Rover costs the most to drive, with annual running costs exceeding £4,900. It also costs, on average, £1,223 a year to insure, which is again the highest on the list.
  • Next on the list is the Porsche 911, with running costs averaging just over £4,300. You’ll also pay roughly £0.58 per mile for fuel, which is steep.
  • Got a BMW X5? It’s third on the list, averaging over £4,100 in running costs and £0.56 per mile in fuel expenses. 

Other cars with high annual runnings costs include the Ford Galaxy (£2,443.17), the Audi TT (£2,307.90) and the Mini Cooper (£2,118.80). 

The UK’s cheapest cars to drive 

According to the research, the cheapest car to run is the Kia Picanto. Insurance costs just £232 per year, on average, and yearly running costs come in at roughly £1,372.63. But if you’re not driving a Kia Picanto, here are some other cheap cars to drive. 

  • The Citroen C1 costs only marginally more per year than the Kia – just over £1,383, on average. 
  • Next up is the Peugeot 108, coming in at just over £1,405. As with the Kia and the Citroen, fuel only costs around £0.19 per mile.
  • Another popular model, the Renault Clio, costs £1,528.95 to run on average, with fuel costing about £0.21 per mile.  

Got a Vauxhall Corsa? It sets you back roughly £1,549.52 per year. The Volkswagen Golf only costs slightly more (£1,562.03). Surprisingly, there’s also an Audi on the list of cheapest cars to run. The Audi A1 costs only £0.21 per mile to fill up. 

How to save money on car running costs

Don’t have one of the UK’s cheapest cars to drive? Well, don’t despair. Here are some other ways you can save money on car running costs.

  • It’s never a good idea to let your car insurance auto-renew each year. Instead, shop around for a cheaper insurance premium on comparison websites like MoneySuperMarket
  • Rather than filling up at the first petrol station you drive by, check the price of fuel. You might find you can get it cheaper if you drive a little further.
  • When it’s time to book your MOT, compare prices at different garages.  

And finally, don’t forget to perform regular car maintenance. By checking your car regularly, you’re more likely to spot minor faults before they become major repair jobs. 

[middle_pitch]

The cheapest cars in the UK

Knowing the cheapest cars to run can help you make smarter decisions when you’re buying your next car. Just remember, though, that the cost always varies depending on factors such as your car insurance policy, your annual mileage, and your maintenance costs.

Before buying your next car, make sure you can afford the expense, and don’t take out more credit to buy a car than you can afford. 

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

More on Personal Finance

Note paper with question mark on orange background
Personal Finance

Should you invest your ISA in a model portfolio?

Which model ISA portfolios offer both high performance and low fees? Hargreaves Lansdown, Interactive Investor and AJ Bell go under…

Read more »

Economic Uncertainty Ahead Sign With Stormy Background
Personal Finance

Is it time to exit emerging markets investments?

Investors may well be sitting on losses from emerging markets funds. Is it worth keeping the faith for a sustained…

Read more »

Personal Finance

Share trading? Three shares with turnaround potential

Share trading has been difficult in 2022, but which companies have turnaround potential? Jo Groves takes a closer look at…

Read more »

Man using credit card and smartphone for purchasing goods online.
Personal Finance

Revealed! Why Gen Z may be the savviest generation when it comes to credit cards

New research reveals that Gen Z may be the most astute when it comes to credit cards. But why? And…

Read more »

Environmental technology concept.
Personal Finance

The 10 best-performing sectors for ISA investors

The best-performing sectors over the past year invested in real assets such as infrastructure, but is this trend set to…

Read more »

Road sign warning of a risk ahead
Personal Finance

Recession risk ‘on the rise’: is it time for investors to worry?

A major global bank has suggested the risk of a recession in the UK is 'on the rise'. So, should…

Read more »

pensive bearded business man sitting on chair looking out of the window
Personal Finance

1 in 4 cutting back on investments amid cost of living crisis

New research shows one in four investors have cut back on their investing contributions to cope with the rising cost…

Read more »

Image of person checking their shares portfolio on mobile phone and computer
Personal Finance

The 10 most popular stocks among UK investors so far this year

As the new tax year kicks off, here's a look at some of the most popular stocks among UK investors…

Read more »