As good as it Getz
Hyundai’s baby is cheapest to run for the second year, write STEPHEN OTTLEY and PAULGOVER
THE high price of fuel is burning holes in the wallets of Australian motorists. The effect of the fuel crisis is reflected in the latest RACV survey of new-car running costs, and worse is to come.
It shows the average cost of running a new car has jumped 7 per cent in the past year, and some types of vehicles are doing worse.
Even hybrid cars are not immune. Thanks to the depreciation on their higher showroom price, they trail the fuel misers in the $15,000 class.
The results for the past year are not the worst in the history of the survey, but do point to tough times and worse to come. The worst result in recent surveys was a 10.42 per cent jump in 2003.
RACV chief engineer Michael Case cites the pump price of petrol as the biggest factor in the latest rise.
‘‘It’s very hard to know but as petrol continues to rise in price, we’re expecting the figures to go up,’’ Case says.
He says the RACV expects running costs to rise another 7 per cent in the next 12 months, based on the continuing increase in the price of petrol.
It is the third time in six years that the study has recorded an average increase of more than 5 per cent. Costs went up 8.9 per cent in 2005 after the 10.43 per cent jump in 2003.
‘‘There have been previous petrol spikes,’’ Case says. ‘‘The other key factor is the trend in new vehicle prices.’’
The RACV study, which looks at owning and operating a vehicle, was topped for the second straight year by the Hyundai Getz.
The baby South Korean car costs $122.83 a week to own and operate, a result that made it best of the light cars in showrooms.
Not surprisingly, the best performers were all from the light and small-car classes.
Hyundai claimed a double with its i30. It topped the small-car class, and the diesel at $151.55 finished just ahead of the petrolpowered i30, at a cost of $152.08.
The six-cylinder locals finished well down the overall list but family favourite Holden Commodore scored a narrow win against the Ford Falcon, before the latest FG arrived, costing $239.44 weekly against the Ford at $242.47.
But the worst result in the survey, as always, was reserved for the Toyota LandCruiser.
The four-wheel-drive wagon has always been the costliest car to run and its latest results were $382.89 for a petrol V8 and $401.53 a week for a turbodiesel.
In the hybrid field, Toyota and Prius were well off the outright pace.
Fuels paradise: the Hyundai Getz is the cheapest car to run for the second year running, according to the RACV.
High anxiety: the Toyota LandCruiser four-wheel-drive wagon remains the costliest to run.