The Most Economical Cars to Own for 2024
As we navigate through 2024, many UK drivers are seeking ways to save money on their vehicle expenses. With fuel prices fluctuating and the cost of living in the UK on the rise, choosing a car that is cheap to run has become a top priority for many.Â
In this article, we will showcase some of the most economical vehicles available on the market, taking into account factors such as fuel efficiency, insurance costs and overall running expenses.
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1. Nissan Leaf (Electric)
The Nissan Leaf has been a popular choice among eco-conscious drivers since its introduction and the latest models continue to impress with their low running costs. As a fully electric vehicle, the Leaf eliminates the need for petrol or diesel, resulting in significant savings on fuel.Â
With a range of up to 239 miles on a single charge for the 62kWh model, it is suitable for most daily commutes. Additionally, electric vehicles often qualify for lower insurance premiums and are exempt from road tax, making the Leaf an affordable option in the long run.
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2. Toyota Yaris Hybrid
For those who prefer a hybrid option, the Toyota Yaris Hybrid is an excellent choice. This compact car boasts impressive fuel economy, with a combined consumption of up to 68.9 mpg.Â
The Yaris Hybrid seamlessly switches between its petrol engine and electric motor, optimising efficiency in various driving conditions. With low CO2 emissions, it also benefits from lower road tax rates. The Yaris Hybrid's reliability and low maintenance costs make it a practical and economical choice for UK drivers.
3. Volkswagen Up!
The Volkswagen Up! is a stylish city car that offers great value for money. With its small yet sprightly 1.0-litre petrol engine, the Up! delivers a combined fuel economy of up to 55.4 mpg.Â
Its compact size makes it easy to maneuver and park in tight city spaces, while still providing a comfortable ride. The Up!'s low insurance group rating and affordable pricing make it an attractive option for first-time buyers or those looking to minimise their car expenses.
4. Skoda Citigo-e iV (Electric)
Another compelling electric option is the Skoda Citigo-e iV. This compact city car offers a range of up to 170 miles on a single charge, making it suitable for most city and country driving needs. With zero tailpipe emissions, the Citigo-e iV is exempt from road tax and congestion charges in certain cities. Its low running costs, coupled with Skoda's reputation for reliability and practicality, make the Citigo-e iV a smart choice for budget-conscious drivers.
5. Peugeot 208
The Peugeot 208 is a stylish and well-equipped supermini that offers a range of efficient engine options. The 1.2-litre PureTech petrol engine, available with either 75 or 100 horsepower, delivers a combined fuel economy of up to 53.3 mpg. The 208 also comes with a host of fuel-saving technologies, such as start-stop functionality and a shift indicator, helping drivers optimise their fuel consumption. With its low running costs and attractive design, the Peugeot 208 is a popular choice among UK drivers.
6. Renault Clio
The Renault Clio has long been a favourite among UK motorists, and the latest generation continues to impress with its fuel efficiency and low running costs. The Clio's 1.0-litre TCe petrol engine offers a combined fuel economy of up to 54.3 mpg, making it one of the most economical petrol-powered cars in its class. The Clio also benefits from low insurance group ratings and affordable maintenance costs, ensuring that owners can keep their expenses in check.
7. Ford Fiesta
The Ford Fiesta has been a top-selling car in the UK for many years, and its enduring popularity is due in part to its low running costs. The Fiesta's 1.0-litre EcoBoost petrol engine, available with either 95 or 125 horsepower, delivers a combined fuel economy of up to 56.5 mpg. The Fiesta also boasts low insurance costs and a reputation for reliability, making it a practical and economical choice for a wide range of drivers.
8. Hyundai Kona Electric
For those seeking a more spacious electric vehicle, the Hyundai Kona Electric is a compelling option. With a range of up to 300 miles on a single charge for the 64kWh model, the Kona Electric is suitable for both daily commutes and longer journeys. As an electric vehicle, it benefits from low running costs, with no fuel expenses and reduced maintenance requirements. The Kona Electric also offers a comfortable and well-equipped interior, making it a practical choice for families and those who value space and comfort.
Choosing an economical car is a smart way to save money on vehicle expenses in 2024. The cars showcased in this article offer a range of options to suit different needs and preferences, from compact city cars to spacious electric vehicles.Â
By considering factors such as fuel efficiency, insurance costs and overall running expenses, drivers can make an informed decision when selecting their next car. Whether you opt for an electric, hybrid, or fuel-efficient petrol model, these economical vehicles will help you keep your motoring costs down while still enjoying a comfortable and reliable driving experience.
If you're looking for an economical car to own, take a look at our latest stock. We have over 150 cars in stock with something for everybody from city cars, to hatchbacks to SUVs.