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Should I sell my petrol car before the UK ban?

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With the government’s recent U-turn on their net zero pledges, the UK’s ban on petrol cars has become the talk of the tarmac once again. Whether you’re a classic car lover or simply someone concerned about resale values, the looming deadline might have you pondering, “Is it time to bid farewell to petrol vehicles?”

Trying to figure out the best time to sell your petrol car can feel a bit like navigating spaghetti junction without any directions. But don’t worry – the experts at BigWantsYourCar.com are here to help. We’ve been in the car reselling business for over 30 years, so you can trust us to get you all the information you need.

The answer to this dilemma isn’t set in stone – it all depends on you and your personal situation. While it’s important to remember that the ban only applies to new cars, we want to help you make a decision you’re confident with. That’s why we’ve put together a handy list of things to keep in mind.

Key Takeaways

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Selling Now vs Selling Later: Things to think about

With the growing concern over air pollution and the need to combat climate change, governments around the world are shifting gears and implementing measures to reduce the use of fossil fuels in transportation.

But what does this mean for you, the proud petrol car owner? Should you trade in those gasoline memories for an electric embrace ahead of the 2035 landmark? Let’s get into it…

Cost Savings

Selling your petrol car before the ban in 2035 could save you a pretty penny or two:

  • Dodge fuel duty: As governments aim to reduce carbon emissions, they may increase taxes on petrol and diesel, making it more expensive to fuel your vehicle. By selling your petrol car sooner, you could sidestep those potential hikes, meaning less money at the pump and more in your pocket.
  • Minimal maintenance: Since EVs have fewer moving parts, which means fewer components to maintain, you can be saved from those frequent (and often pricey) pit stops for servicing and replacements.
  • Drive More, Pay Less: Charging an EV often costs less than filling up a petrol tank. Plus, these electric wonders efficiently use their juice, letting you cruise further on a single charge. So, you get more miles for your money.

In a nutshell? Speeding into the sustainable lane by parting with your petrol vehicle before 2035 could just be the greenest – and most economical – move you make.

Availability of Alternatives

Consider this: by transitioning early, you open a treasure trove of choices. Post-2035, there’ll likely be a mad dash as drivers scramble to swap their petrol rides for EVs. By opting to change lanes ahead of this rush, you sidestep the frenzy and gracefully lead the pack. Essentially, selling your petrol car now gets you ahead of the curve.

But what are your options?

  • Electric Vehicles: EVs tend to have a higher upfront price but much lower running costs, reduced maintenance and smooth, silent driving experience.
  • Plug-in Hybrids: PHEVs combine an electric motor / battery with an internal combustion engine. They offer the option to drive in electric mode for shorter distances and switch to petrol or diesel for longer journeys. PHEVs have lower emissions than conventional petrol cars, but they still rely on fossil fuels and may have limited electric-only range.
  • Diesel cars: Often pricier at the pump than petrol, yet they tend to offer better fuel economy, which could save money over longer drives. And, as an added bonus, they usually emit fewer CO2 emissions than petrol. The sale of new diesel vehicles is also banned along with petrol, though you will still be able to purchase second hand models.

Pocket Some Perks

If you’re looking to switch to an EV, there are currently a number of benefits waiting to sweeten the deal.

Enter the world of grants. From EV charger grants to the government’s Plug-in Car Grant, these are potential golden tickets that can remove up to £2,500 off select new EVs. Pair that with assorted grants for home charging setups, and voilà! Set up and charging costs dip considerably.

Environmental Impact

The environmental impact of petrol cars can’t be ignored – they are one of the biggest contributors to air pollution and greenhouse gas emissions, which have severe consequences for our planet.

If you want to do your bit for the environment, selling your petrol car early could be just the thing. Electric vehicles produce zero tailpipe emissions, reducing air pollution and improving air quality. But that’s not all – they also run on electricity, which can be generated from renewable sources.

View our post – Should I repair my car before selling?

Make the Big switch

So, you’ve had a think and have decided to make the move to EV? Well, you’ve come to the right place. At BigWantsYourCar.com, we live up to our name. In a few quick and easy steps, you’ll have a fair, honest and accurate quote waiting for you. Plus, since that quote is guaranteed for 7 days, you won’t be pressured into any snap decisions.

Find out how much your car is worth today.

All we need from you is a few photos and your reg number. If you accept our offer, we’ll even come and collect your car for free, before transferring the money directly to your bank account. Sounds good? Then what are you waiting for? Send us your details and sell your car online.

Now you’ve set yourself up with a cash deposit for your new wheels, it’s time to do some shopping.

Got some questions? Our teams are here to help, just get in touch at a time that suits you.

Posted By: BigWantsYourCar

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