For the average motorist, saving money any way you can is worthwhile. Avoiding premium petrol is just one way to lower the running costs involved with driving. But if you’ve read into it, you may be confused about whether premium petrol is a necessity or not.

Is it worth the extra investment, or should you stick with the regular petrol found on most UK forecourts? 

What is premium petrol? 

The science behind premium fuel can get complicated, so let’s stick with a watered-down version. Typically, petrol has a basic rating, which is 95 octane in Britain. The octane in premium petrol is higher – it’s between 97 to 98. Theoretically, a greater octane should make your car run better as the engine’s compression rate is higher. 

Why theoretically? A higher octane is only effective if a vehicle’s engine is tuned to process it correctly. In the UK, most cars are setup to deal with standard petrol. That means using premium fuel in a car that doesn’t need it will likely result in no significant improvement in performance. 

To make the most of premium petrol, you need to purchase a car that specifically requires 98 octane fuel. However, they are often more expensive and will cost you a lot more to purchase. 

Premium petrol: the verdict 

Is premium fuel worth it? The answer is yes if your car specifically needs it to run as it will prevent the engine from breaking down. But if it doesn’t, it will only cost you more in the long run. 

It’s up to you whether you prioritise better performance with a high-end car and premium petrol, or just affordability with a normal car and standard petrol. Whatever the case, a car finance eligibility check will help you figure out how to spread the cost and make both options more affordable. 

Rates from 6.9% APR. Representative APR 14.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • You are a home owner
  • You have been on the electoral role for a long period of time
  • You have current credit arrangements and mortgage with no defaults
  • You have no CCJs, credit arrears or missed payments
  • You rarely apply for credit
  • You are employed or self-employed

Good

  • You are on the electoral role
  • You are a home owner or long standing tenant
  • You have a stable employment history
  • You have current credit arrangements with occasional missed payments
  • You have no CCJs

Fair

  • You are or have recently been on the electoral role
  • You may have recently changed address
  • You may have occasional missed payments
  • You may have an old CCJ
  • You may have regularly applied for credit

Poor

  • You may have had frequent changes in address
  • You may not be traceable on the voters roll
  • You may have exceeded credit card limits
  • You may have missed payments on current agreements
  • You may have had a CCJ in the past

Bad

  • You may not be traceable on the voters roll
  • Your credit cards are over their limits
  • You have recent CCJs
  • You may have been refused credit elsewhere
  • You may be in a debt management plan
£

X monthly repayments of
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*for illustration purposes only

No impact on your credit score

Representative Example

Borrowing £7,500 at a representative APR of 14.9%, annual interest rate (fixed) 14.85%, 47 monthly payments of £204.69 followed by 1 payment of £214.69 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £2,335.12, total amount payable is £9,835.12.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Require more help?

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